JOB – Nedbank CIB – Senior Valuations & Project Co-ordination Manager

•    Ensure that the valuations department’s resources are correctly applied to produce all valuations within the prescribed turnaround time.

•    Allocate work and keep a register to provide monthly reports on individual and team productivity

Compliance/Risk Monitoring

• Review and assess the performance of the external valuation panel so that the region can place reliance on their valuations.

• To understand and analyse risk in the property market, and properties being valued.

• The identification of alternative and optimal risk mitigants to promote solutioning.

• Drive the development of alternative solutions, risk mitigation and informed decision-making.

Quality and Accuracy of Valuations

• Manage a team of valuers and project co-ordinator/s to provide a quality valuations service to the region.

• Ensure that valuations are of a professional quality.

• Personally value/take control of specialist valuation reports to ensure accuracy.

Accuracy of Building and Development Loan requirements

Valuations Aspect:

• Control and manage all building loan requirements, including reporting on feasibility studies and progress payments for the Residential Development portfolio and Property Finance building bonds.

• Assess actual project status versus budget, and overall delivery risk.

• Determine and quantify gap between actual and planned project status.

Project Management Aspect:

• Assess and verify the building cost estimate presented by the developers, and manage progress payments.

• Keep up-to-date with changes in building costs, viability, financing, structuring of development loans and management of property developments.

• Ensure all Bank and statutory conditions are met prior to payment.

• Ensure that proactive contact is maintained with developers, joint-venture partners and builders to keep abreast of the project status.

Client Satisfaction

• Provide internal and external client satisfaction by ensuring operational excellence in dealing with client queries.

• Attend committee credit meetings when complex/large new businesses are listed for approval, and be able to defend valuation reports submitted.

• Provide added value input from a valuation’s perspective at credit meetings.

Operational Leadership

• Manage a team of Valuers and Quantity Surveyors/PC-O’s by monitoring and ensuring effective staff performance and motivation.

• Implement effective capacity management in order to drive talent management, business continuity, and training and development.

• Ensure that the systems, processes and willingness exist for human capital development.

• Manage and leverage knowledge.

• Grow the intellectual property of the Valuations team.

Member of the Institute of Valuers or the Black Valuers Association.

Relevant managerial experience.

•        Financial accounting.

•        Knowledge of the commercial property market and property financing.

•        Knowledge of risk and risk assessment.

•        Strong analytical skills.

•        Knowledge of town planning criteria, environment law, building and civils contracts.

•        KNOWLEDGE OF FOLLOWING BUSINESS PROCESSES

•        Valuation processes.

•        Project co-ordination processes.

•        Building loan draw-down processes.

•        Credit approval process.

•        Basel II processes.

•        SYSTEMS KNOWLEDGE

•        MS Office, particularly Excel and Word.

•        Valuation systems.

•        Windeed.

•        Internet Explorer

•        Building a Successful Team.

•        Communication.

•        Client Focus.

•        Initiating Action.

•        Information Monitoring.

•        Decision Making.

•        Quality Orientation.

•        Living the Nedbank Values

•        Property Finance Industry.

nobuntunq@nedbank.co.za