Provide a second opinion on valuations received from external valuers.
Improve the quality of assets held as security.
Monitor progress of on-going Bank financed projects.
Validation of the status of the pledged securities and Banks properties
Maintain, Coordinate, supervise and evaluate the performance of a panel of external valuers by sampling their work on regular basis.
Expedite valuations of selected properties presented/proposed as security particularly specialized, high value, urgent and complex properties and undertake revaluation for some of the expired valuations, property/projects under recovery and advise of their value (i.e., Market Value, forced sale value, and insurable value), Marketability and its suitability as collateral security.
Originate and maintain standard valuation guidelines and procedures for the Bank.
Issuance of valuation instructions to the external valuers.
Evaluate and monitor on-going developments projects.
Advise the Bank on major developments on the property market on regular basis.
Maintain an up-to-date database of all valued properties.
Track expired valuations reports and follow them up for re-valuation as per Banks policy guidelines.
Working closely with Credit Managers and Relationship Managers (RMs) to implement remedial plans by recommending appropriate actions for noncompliant customers.

SKILLS AND EXPERIENCE

At least 3 years post registration working experience in the industry in a similar position.
Background in Mortgage valuations.
Sound knowledge of Banking processes and procedures.
Self-drive, maturity and a high degree of integrity and professionalism.
Good client and interpersonal relations.
Good interpretation and decision-making ability.
Effective communication and influencer.
Good understanding of legal risks and laws applicable to Banking relating to lending and credit documentation.

EDUCATION AND TRAINING