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Director - Commercial Partnerships

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Qiddiya Investment Company
Full Time position
Listed on 2026-06-02
Job specializations:
  • Business
    Operations Manager, Business Management
Salary/Wage Range or Industry Benchmark: 300000 - 400000 SAR Yearly SAR 300000.00 400000.00 YEAR
Job Description & How to Apply Below

Key Responsibilities

  • Develop and execute the overall commercial strategy aligned with asset objectives and financial targets.
  • Define revenue models across all streams including sponsor ships, retail, F&B, ticketing (if applicable), and activations.
  • Lead revenue planning, forecasting, and target setting in alignment with cultural programming plans and overall asset financial expectations in coordination with Finance.
  • Own delivery of revenue targets and ensure alignment between commercial activities and financial performance.
  • Continuously optimize revenue streams through pricing, product mix, and commercial innovation.
Partnerships & Sponsor ships
  • Develop and manage a structured sponsorship and partnership strategy aligned with programming and marketing plans.
  • Identify, negotiate, and secure high-value sponsorship and partnership agreements.
  • Design sponsorship packages in collaboration with Programming and Marketing teams that integrate with cultural programming experiences and the visitor journey.
  • Manage relationships with sponsors and partners to ensure delivery of contractual obligations and value realization.
  • Drive long‑term strategic partnerships that enhance both revenue and experience.
  • Source, secure, and manage both commercial and non‑commercial partners supporting cultural programming and broader asset operating model and strategic initiatives.
  • Maintain and manage relationships with key government and cultural partners ensuring alignment with programming objectives and overall asset priorities in coordination with the Cultural Ecosystem & Stakeholder Engagement function.
Retail, F&B & Commercial Operations
  • Oversee all retail, F&B and commercial activations across the site.
  • Define commercial mix, tenant strategy and allocation of retail and F&B spaces.
  • Manage performance of operators and vendors to ensure quality, compliance and revenue delivery.
  • Ensure commercial offerings are aligned with cultural programming and visitor experience.
  • Monitor sales performance and optimize commercial operations accordingly.
Integration with Programming & Experience
  • Work closely with Programming to embed commercial opportunities within cultural experiences.
  • Ensure programming supports revenue generation through activations, sponsor ships and retail integration.
  • Align commercial activities with visitor flow, dwell time and engagement strategies.
  • Balance commercial objectives with cultural integrity and experience quality.
  • Ensure commercial partnerships and revenue initiatives are fully integrated into cultural programming.
Commercial Performance & Optimization
  • Monitor and analyze performance across all revenue streams (sponsorship, retail, F&B, etc.).
  • Track KPIs including revenue per visitor, conversion rates, and commercial yield.
  • Identify underperforming areas and implement corrective actions.
  • Provide regular reporting and insights to GM and overall leadership team.
Vendor & Operator Management
  • Oversee commercial vendor and operator selection in coordination with Procurement.
  • Manage contracts, commercial terms and performance agreements.
  • Ensure compliance with operational, financial and brand standards.
  • Maintain strong relationships with operators to ensure consistency and performance.
Asset & Group Alignment
  • Align commercial strategy and performance with Asset Management direction and expectations.
  • Provide input into business planning, budgeting and revenue forecasting cycles.
  • Coordinate with Group functions where required (e.g., legal, procurement, finance).
Key Success Metrics
  • Revenue generation and achievement of targets.
  • Sponsorship and partnership value.
  • Retail and F&B performance.
Required Skills & Competencies
  • Strong commercial and revenue generation experience.
  • Experience in sponsor ships, partnerships, and retail operations.
  • Negotiation and contract management skills.
  • Ability to link commercial strategy with experience delivery.
  • Financial and performance management capability.
Experience Profile
  • Experience overseeing retail, F&B, or commercial operations within large‑scale venues, events, or destinations.
  • Strong understanding of:
    • Commercial mix and tenant strategy
    • Operator management and performance optimization
    • Revenue generation through on‑ground activations
  • Experience working within:
    • Large‑scale events, festivals, or entertainment platforms
    • Destination or precinct‑based environments
  • Ability to link visitor experience with revenue generation.
  • Strong understanding of:
    • Revenue planning, forecasting, and performance tracking
    • Commercial KPIs (e.g., revenue per visitor, conversion, yield)
  • Ability to use data and insights to optimize commercial performance.
  • Proven experience leading commercial teams and managing cross‑functional collaboration.
  • Ability to operate in:
    • Fast‑paced, high‑pressure environments
    • Complex, multi‑stakeholder settings
  • Experience working with government entities and large organizations is preferred.
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