Property Valuer - Private Wealth at Nedbank

Job description

Job Purpose:

To ensure the accuracy and reliability of property valuations performed by external panel of valuers, to perform ad hoc valuations and providing input to Credit on valuations.

Focus is on Commercial, Industrial and high-end Residential properties.

Key Outputs:

• Valuations

• Review valuations performed by panel of external valuers and provide comment to Credit.
• Compile valuations of all types of properties, with particular focus on Commercial & Industrial property.
• Provide valuations for annual review purposes or where initial indicative approval in principle is required.
• Whilst based in Gauteng, a certain amount of travel will be required to KwaZulu-Natal to inspect properties, comment on external valuations or compile a valuation.

• Contribution to Credit Team

• Contribute to the success of Credit team by sharing of knowledge, skills & current industry trends.
• Attend Credit Committee meetings and engage in discussion with Credit Managers and Credit Committee on content of valuations.
• Client Service
• Build and maintain client/external valuer relationships (internal & external).

• Collection and Maintenance of Data

• Liaise with property brokers and related professionals. Establish and maintain property data base.
• Completion/review of template for capturing to Cashflow Simulation Model.
• Personal Development
• Develop individual skills plan, attend scheduled development activities.

Other

• Monitor of property valuation fee payments & recoveries.
• Review building/development loan project feasibilities and sign off on building draws.
• Partake in ad hoc/special projects.

Minimum Requirements:

Essential Qualifications

• Matric certificate
• National Diploma in Property valuations or degree in Real Estate, majoring in Property Valuations.
• Professional Associate or Professional Valuer registered with the South African Council for Property Valuers Profession (SACPVP), Membership to the South African Institute of Valuers (SAIV ) or Member of the Royal Institute of Chartered Surveyors (RICS).

Job Related Experience

• At least 5 - 10 years' experience within the Johannesburg Commercial Property market. Property valuation experience - non negotiable.

Required Industry Acumen

• Experience in property financing would be preferable.

Travel requirements

• Business travel is a requirement of the job