Head Of Valuations - Commercial Property Finance

Absa Bank; Gauteng; Hybrid; ZAR 1,200,000 - 1,700,000; Full time

Job summary

Absa Bank seeks a Head of Valuations for its Commercial Property Finance division. This senior leadership role entails overseeing valuation activities, managing a team, and providing strategic insights, ensuring accurate assessments and compliance within the commercial property market. The ideal candidate will possess 10+ years of relevant experience and strong leadership abilities.

Qualifications

• Minimum 10 years of experience in commercial property valuation required.
• Strong knowledge of valuation methodologies and regulatory frameworks.
• Experience in team management and strategic advisory is essential.

Responsibilities

• Lead and mentor valuation professionals ensuring accuracy and compliance.
• Oversee commercial property valuations and ensure timely completion.
• Provide strategic advice on market trends and property values.

Skills

Leadership

Communication

Interpersonal skills

Financial analysis

Valuation software proficiency

Attention to detail

Problem-solving

Education

Bachelor's degree in Real Estate, Finance, Economics, or related field

Master's degree or professional qualifications (e.g., MRICS, FRICS)

Tools

Valuation software

Job description

Head of Valuations - Commercial Property Finance

Apply: Remote type: Hybrid | Locations: Sandton | Time type: Full time | Posted on: Yesterday | Application deadline: July 9 (12 days left) | Job requisition ID: R-Empowering Africa's tomorrow, together…one story at a time.

With over years of rich history and positioned as a local bank with regional and international expertise, a career with us offers the opportunity to be part of an exciting growth journey, shaping our future as a proudly African group.

Job Summary

The Head of Valuations for Commercial Property Finance is a senior leadership role overseeing all valuation activities related to commercial real estate assets within the organization.

This role requires strong expertise in property valuation, a deep understanding of the commercial property market, and leadership skills to develop a team of valuation professionals.

The individual will ensure accurate and timely valuation assessments, manage relationships with internal stakeholders, clients, and third-party providers, and provide strategic insights to support decision-making in property financing.

Key Responsibilities

1. Leadership & Team Management: Lead and mentor valuation professionals, ensuring high accuracy, efficiency, and compliance. Develop performance management and training initiatives.
2. Valuation Management: Oversee all commercial property valuations, review and approve reports, ensuring consistency and industry standards. Ensure timely completion to support business operations.
3. Market Insight & Strategy: Provide strategic advice on market trends, property values, and risks. Conduct market research and prepare reports for business decisions.
4. Client & Stakeholder Relations: Build and maintain relationships with internal teams, clients, property owners, brokers, and valuation professionals. Act as the main contact for valuation inquiries.
5. Risk & Compliance: Ensure valuation processes comply with regulations and standards. Monitor and mitigate risks associated with valuations. Develop and enforce valuation guidelines.

Qualifications & Experience

• Bachelor's degree in Real Estate, Finance, Economics, or related field.
• Master's degree or professional qualifications (e.g., MRICS, FRICS) preferred.
• Minimum 10 years of experience in commercial property valuation, with team management and strategic advisory experience.
• Strong knowledge of valuation methodologies, market dynamics, and regulatory frameworks.

Skills & Competencies

• Leadership, communication, and interpersonal skills.
• Financial analysis and valuation software proficiency.
• Attention to detail and problem-solving skills.

Absa Bank Limited is an equal opportunity employer. Preference is given to candidates from designated groups to promote workforce diversity. The company reserves the right not to fill the position if suitable candidates are not found.

About Us

Absa Group Limited is one of Africa's largest financial services groups, listed on the Johannesburg Stock Exchange, offering a wide range of banking and financial products across Africa and beyond.