Specialist Valuation Operations SSE (Home Loans) - PTA at Absa

Job Summary

BRIEF OVERVIEW OF THE SPECIFIC BUSINESS UNIT:

• Absa Valuation department consists of Inland and Coastal Valuations. Inland oversee all the inland valuation areas and Coastal all Coastal valuations and is based respectively in Pretoria and Cape Town. The team is responsible for interacting with the team members as well as the bigger Sales and Enablement environment ensuring we place the client first in everything we do.  We are striving to keep valuation technology 1st class to be the best in the market and housing the nation.

BRIEF OVERVIEW OF THE ROLE:

•     Coordinate the residential valuation activities in the region by interpreting and translating available management information, and implement corrective actions and processes if required to address gaps.
•     Manages building loan matters within the residential property environment and provides technical expertise.

Job Description

KEY RESPONSIBILITIES:

• Manages External Valuation Companies regarding Performance, Quality and TAT to align with ABSA Smart vision and  strategy
• Manages and maintain trustworthy and reliable  relationships with all internal Stakeholders and focus on driving new business
• All physical valuations, Desktop and AVM valuation
• Building projects, solution finding when disputes arises
• Analyze Risk Payments for approval/decline where applicable
• Analyze all second opinions requests to ensure correct Market Value is given
• Manages all New Developments regarding market value and TAT and disputes including interaction with developers where necessary
• Investigate all IBT (Innovative  Building Technology) requests – for acceptable lending on ABSA book
• Ensure the correct HOC replacement value is provided to ABSA Insurance
• Keep up to date on the latest Residential Market trends and movement  to ensure good knowledge and security for lending purposes
• MINIMUM REQUIREMENTS:
• Essential 
• Relevant B. Degree or equivalent NQF level 7 qualification
• Registration as a Professional/Associated Professional Valuer with the South African Council for the Property Valuers Profession.
• At least 10 years’ experience in building and construction industry and or related discipline.
• At least 3 years’ experience in practicing as a professional Valuer without restrictions in the residential and commercial field.

Valid driver’s license
Preferred 

• Hons Bachelor’s Degree in Property Science or Construction Management or equivalent NQF level 8 qualification
• At least 2 years’ experience in of ABSA systems or other financial institution.
• At least 3 years’ experience at a managerial level.
• WHAT’S ON OFFER:
• Team work makes the Dream Work
• Providing correct market related Residential valuation on which several ABSA products and offerings are reliant on for example Young Professionals
• Responsible to drive Valuations to completed stage to assist in reaching sales targets

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised