Specialist Valuation Operations at Absa Group Limited (Absa)

Job Summary

To plan, manage and monitor the implementation of operations related activities and processes in order to deliver on approved operational plans in an effective and efficient manner. Selecting this role has a compensation & benefit impact in Kenya. Please contact Reward for details.

Job Description

Absa Valuation department consists of Inland and Coastal Valuations. Inland oversee all the inland valuation areas and Coastal all Coastal valuations and is based respectively in Pretoria and Cape Town. The team is responsible for interacting with the team members as well as the bigger Sales and Enablement environment ensuring we place the client first in everything we do. We are striving to keep valuation technology 1st class to be the best in the market and housing the nation

KEY RESPONSIBILITIES:

• Manages External Valuation Companies regarding Performance, Quality and TAT to align with ABSA Smart vision and  strategy
• Manages and maintain trustworthy and reliable  relationships with all internal Stakeholders and focus on driving new business
• All physical valuations, Desktop and AVM valuation
• Building projects, solution finding when disputes arises
• Analyze Risk Payments for approval/decline where applicable
• Analyze all second opinions requests to ensure correct Market Value is given
• Manages all New Developments regarding market value and TAT and disputes including interaction with developers where necessary
• Investigate all IBT (Innovative  Building Technology) requests – for acceptable lending on ABSA book
• Ensure the correct HOC replacement value is provided to ABSA Insurance
• Keep up to date on the latest Residential Market trends and movement  to ensure good knowledge and security for lending purposes

MINIMUM REQUIREMENTS:

Essential

• Relevant B. Degree or equivalent NQF level 7 qualification
• Registration as a Professional/Associated Professional Valuer with the South African Council for the Property Valuers Profession.
• At least 10 years’ experience in building and construction industry and or related discipline.
• At least 3 years’ experience in practicing as a professional Valuer without restrictions in the residential and commercial field.
• Valid driver’s license

Preferred

• Hons Bachelor’s Degree in Property Science or Construction Management or equivalent NQF level 8 qualification
• At least 2 years’ experience in of ABSA systems or other financial institution
• At least 3 years’ experience at a managerial level

Closing Date: 22nd, July 2022