Internal Valuer job at KCB Bank

Vacancy title:
Internal Valuer

Jobs at:

Deadline of this Job:
Friday, May 03 2024 

Summary
Date Posted: Friday, April 19 2024, Base Salary: Not Disclosed

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.



Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

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