KEY RESPONSIBILITIES
- Review and offer a second opinion on valuations received from external valuers.
- Enhance the quality of assets held as security.
- Development, review and implementation of Valuation policies for the bank
- Prepare strategies, plans and programs for the department;
- Monitor progress of on-going Bank financed projects.
- Validation of the status of the pledged securities and Banks properties.
- Coordinate, supervise and evaluate the performance of external valuers in the bank’s panel
- Ensuring compliance with statutes and guidelines including laws, Kenya Valuation Standards 2021 by the valuers and the Bank.
- Correspond with and issue valuation instructions to the external valuers.
- Advise the Bank on major developments on the property market on regular basis.
- Maintain an up-to-date database of all valued properties.
- Ensure valuation are up to date for all properties held as security by the Bank as per the policy guidelines
SKILLS AND EXPERIENCE
- At least 5 years post- registration working experience in the industry in a similar position.
- Experience in mortgage valuations
- Self-drive, maturity and a high degree of integrity and professionalism
- Effective communication and influencer.
- Good client and interpersonal relations
- Good interpretation and decision-making ability.
- Good understanding of legal risks and laws applicable to Banking relating to lending and credit documentation.
ACADEMIC QUALIFICATIONS
- A Bachelors degree in Land Economics,Real estate or its equivalent from a recognized University in Kenya.
- A full member of the Institution of Surveyors of Kenya, in good standing
- Duly Registered by the Valuers Registration Board.
- A master’s degree in any of the following in Property Valuation, Real Estate agency or equivalent qualification from a university recognized in Kenya will be an added advantage.
