Valuer

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.