Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead commercial management for luxury residential projects in London.
- Company: Cobalt, a respected luxury developer with a design-led approach.
- Benefits: Autonomous role, opportunity to shape the commercial function, and career growth.
- Why this job: Take ownership of commercial activities and make an impact in high-end developments.
- Qualifications: Strong cost management background, ideally in luxury sectors; MRICS preferred.
- Other info: Join a small, experienced team and enjoy a client-side environment.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Cobalt is working with a luxury developer delivering some of the most beautifully designed, high-quality residential and mixed-use projects in London. They are now seeking a commercially minded professional to take ownership of all commercial activity across their growing portfolio.
The Role
This is a pivotal position within a small but highly experienced development team, responsible for overseeing the full spectrum of commercial management from early feasibility through to project completion.
Key responsibilities include:
- Leading on all commercial aspects across multiple development projects.
- Managing budgets, cost plans, and development appraisals in coordination with external QS consultants.
- Overseeing procurement and tender processes alongside Project Managers.
- Managing contracts, valuations, and change control procedures.
- Providing commercial insight to drive value and challenge costs at every stage.
- Building and mentoring a small commercial team as the business continues to grow.
This is an excellent opportunity for someone who enjoys working in a client-side environment and wants to take genuine ownership of the commercial function within a design-led developer.
Skills & Experience Required
- Strong background in cost management and commercial delivery, ideally in the high-end residential, hospitality, or luxury retail sectors.
- Client-side or consultancy experience essential – not contractor-side.
- MRICS qualification (or working towards it) preferred.
- Excellent understanding of contract management, procurement, and cost reporting.
- Ability to interrogate costs, challenge consultants, and drive financial performance across projects.
What’s on Offer
- A hands-on, autonomous role within a respected and design-led developer.
- Opportunity to shape and grow the commercial function internally.
Next Steps
Interviews are ongoing, so apply now to avoid missing out.
Due to the volume of applications received, if you don’t hear back from us, please assume your application has been unsuccessful on this occasion.
If you require any adjustments or additional support during the recruitment process for any reason whatsoever, please let your Cobalt consultant know.
Commercial Manager - High-End Residential Development employer: Cobalt Recruitment
Contact Detail:
Cobalt Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Manager - High-End Residential Development
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know, the better your chances of landing that dream role.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show genuine interest in their work and be ready to discuss how your skills can add value to their team. We want to see your passion shine through!
✨Tip Number 3
Don’t just wait for job postings! Reach out directly to companies you admire, like Cobalt, and express your interest. Sometimes, the best opportunities come from proactive approaches rather than waiting for them to be advertised.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that shows your appreciation and keeps you fresh in their minds. Plus, it’s a great way to reiterate your enthusiasm for the role!
We think you need these skills to ace Commercial Manager - High-End Residential Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in cost management and any relevant projects you've worked on, especially in high-end residential or luxury sectors.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've successfully managed budgets and commercial activities in previous positions, and show your passion for working in a client-side environment.
Showcase Your Qualifications: If you have an MRICS qualification or are working towards it, make sure to mention it prominently. This is a key requirement for us, and it shows your commitment to professional development in the commercial management field.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity without any hiccups!
How to prepare for a job interview at Cobalt Recruitment
✨Know Your Numbers
As a Commercial Manager, you'll need to demonstrate your strong background in cost management. Brush up on key financial metrics and be ready to discuss how you've managed budgets and cost plans in previous roles. This will show that you can take ownership of the commercial aspects of projects.
✨Understand the Project Lifecycle
Familiarise yourself with the full spectrum of commercial management from feasibility to completion. Be prepared to talk about your experience overseeing procurement and tender processes, as well as how you've managed contracts and valuations. This knowledge will highlight your capability to drive value at every stage.
✨Showcase Your Leadership Skills
Since this role involves building and mentoring a small commercial team, think of examples where you've successfully led a team or project. Discuss your approach to mentoring and how you foster collaboration within a team. This will demonstrate your readiness to take on a pivotal position.
✨Challenge the Status Quo
The ability to interrogate costs and challenge consultants is crucial. Prepare examples of when you've successfully driven financial performance by questioning assumptions or suggesting alternative approaches. This will illustrate your proactive mindset and commitment to achieving the best outcomes.
