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MANAGER - VALUATIONS - FIRST NATIONAL BANK OF BOTSWANA


First National Bank of Botswana invites suitably qualified candidates to fill the position below in our Bank.
Manager - Valuations
Reporting to the Director-Credit, the successful incumbent will be required to effectively maintain the management and co-ordination of all operational requirements relating to the FNB Property Valuation unit and, ensuring all activities are in line with the agreed business objectives and Service Level Agreements (SLA’s).

Requirements

The individual will be responsible for the following amongst other deliverables:
  • Maintain and foster positive and proactive Business relationships with both Internal Clients and External Clients and Independent Valuation contractors/Vendors to sustain and enhance the Bank’s market reputation by ensuring service delivery is not compromised.
  • To direct, control and maintain the financial planning within the business unit ensuring adherence and meeting budgetary forecasts and ensuring that revenue generated is accounted for.
  • 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 required reports are appropriately compiled, with the required analysis and interpretation of information being done, thereby adopting appropriate interventions/ strategies in line with meeting the required Business Objectives
  • 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 frame
  • Monitors retentions and disbursements
Qualifications and experience:
  • Bachelors Degree in Real Estate Studies or a related field.
  • Registration with the Real Estate Institute of Botswana
  • A minimum of 3-4 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 together with a comprehensive curriculum vitae and certified copies of qualifications to the postal address and email below not later than 23 February 2016:
recruitment@fnbbotswana.co.bw
Director Human Resources
FNB Botswana
P. O. Box 1552
Gaborone

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