Internal Valuer

JOB DETAILS: KEY RESPONSIBILITIES: • 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 • A University degree in Land Economics or Land management, and valuation.

• Duly registered surveyor of Uganda will be added advantage.