VALUATIONS ASSISTANT - FIRST NATIONAL BANK OF BOTSWANA

It’s time to be with FNB

First National Bank of Botswana invites suitably qualified candidates to fill the position below in our Bank.

Valuations Assistant

Reporting to the Manager Valuations, the incumbent will be required to maintain the effective management and co-ordination of all operational requirements of the Property Valuation Unit.

Requirements

The individual will be responsible for the following amongst other deliverables:

Maintain and foster positive and proactive Business relationships with both Internal and external clients and Independent Valuation contractors/Vendors to sustain and enhance the Bank’ market reputation by ensuring service delivery is not compromised.
To direct, control and maintain the effective functioning of all administrative requirements, ensuring all service level agreements are adhered to and valuation records are accurate and up to date at all times
Ensuring that all valuations conducted either internally or by means of Independent Valuation contractors/ vendors are in line with negotiated service level agreements, thereby ensuring consistency and reliable service delivery.
On an ongoing basis, to identify latest market trends within the Property Industry, that directly impact on the Valuation Business, by conducting market analysis/ research and development, thus ensuring the Business Unit remains competitively positioned within the Industry.
Ensure that all financial data, for the compiling of financial reports is accurate, up to date and readily available for compiling the required information/ statistics to ensure effective decision making can be made.
To ensure that the workflow and business practices of staff are complimentary to meeting of business needs, by providing the necessary support and assistance when required.

Development Bonds

Ensures site visits and inspection of properties
Authorization of payments certificates (Progress draws)
Ensures that all building bonds pre and post requisites are obtained at each juncture (prior to registrar and prior to final drawdown).
Instructs external building assessors for valuations of work done.
Ensures that commercial and residential developments are completed within the agreed time span
Monitors retentions and disbursement
Monitors committed report on monthly basis

Qualifications and experience:

Bachelors Degree in Real Estate Studies or a related field
Registration with the Real Estate Institute of Botswana
A minimum of 2 years experience in Property Valuations preferably within a Financial Institution.
Computer Literacy is essential

Proven skills and competencies:

A good knowledge of financial/accounting principles as they relate to the running of a Business.
Knowledgeable in Property related Legislative requirements, Town Planning procedures and bye-laws.

Closing date and application instructions

Interested candidates are invited to submit applications (by mail or hand deliver) together with a comprehensive curriculum vitae and certified copies of qualifications, not later than 23rd November 2015, to:

Director Human Resources
First National Bank Botswana
P O Box 1552, Gaborone, Botswana