Valuation Specialist (Collateral Management And Valuations)

Fempower Personnel; Gauteng; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A recruitment agency is seeking a Valuator specialized in agriculture in Gauteng, South Africa. The ideal candidate has a relevant qualification and significant experience in conducting valuations and managing collateral for agricultural entities. Responsibilities include conducting inspections, preparing detailed reports, and providing technical advice to stakeholders. This role requires strong analytical skills and knowledge of risk management principles to mitigate potential financial risks. Candidates with experience in agricultural businesses will be preferred.

Qualifications

• 5 years' experience as a Valuator in the Agricultural sector.
• 5 years' experience in Agricultural businesses or similar organizations.
• Knowledge/Experience of Professional Valuations.

Responsibilities

• Conduct on-site agronomical assessments and valuations of collateral.
• Provide ongoing technical advice on valuations.
• Prepare professional valuation reports.

Skills

Microsoft Office

Financial and business acumen

Property Valuation Principles

Risk Management Principles

Credit Assessment Principles

Education

Relevant 3-year qualification in Agriculture

Job description

MAIN PURPOSE OF THE JOB
To provide a professional agriculture, economics and valuation service to support the various Provinces in effectively managing collateral by conducting on-site visits to assess the condition and value of collateral for the Region highlighting any operational factors that may impact the conditional and future value of collateral.
To conduct on-farm or on-site agronomical assessments and inspections of the bank security and re-valuations, effectively manage the collateral in terms of the loan agreement and Collateral Management System (CMS) process thereby identifying collateral shortfalls to minimise risk and prevent financial losses, make recommendations to improve the overall Farm status and mitigate potential risks.
To provide ongoing technical advice to the provincial team on valuations.
Key Performance Areas
Specialist assessment and valuations of Collateral
Provide specialist support to Collateral Unit and the Bank.
Conduct detailed assessment and valuations of agricultural land, industrial land, urban land, farms, plantations, livestock, crops, equipment and other loose assets held by the bank as collateral.
Complete and submit detailed reports as part of a comprehensive valuations, including:
Viability/Feasibility
Comparable sales
Risks & mitigations
Recommendations
Provincial Agricultural Knowledge Database and Knowledge Sharing
Collect, process, and package information within the allocated area of responsibility, including amongst others, the determination of the following:
Market value of fixed property
Produce prices
Market trends
Economic patterns
Potential of land
Market value of loose assets
Market value of crops
Market value of other specialized assets
Keep the database up to date as appropriate and share at a divisional level
Contribute information to the national agricultural specialists' database.
Customer and Stakeholder Relationship Management
Build, foster and maintain consistent, effective and strong relationships with key role players (internal and external) and strengthen relationships with the potential to secure additional business opportunities from external for the bank.
Participate in agriculture events in the province and contribute to research and insights as a subject matter specialist respected by peers in the industry.
Represent the Bank in appropriate forums and events as appropriate.
Stay up to date with provincial initiatives and developments and further strengthen the relationship to assess further business opportunities to promote long-term mutually beneficial relationships.
Risk Management
Provide input into Collateral related Policies and SOP.
Ensure that Collateral is managed in line with the Collateral Management Policies and SOP.
Implement Effective Risk Management by conducting inspections following the relevant Bank's policy and procedures and ensure that the bank's collateral has the most up-to-date collateral valuations as per the banks' requirements per asset class.
Conduct Collateral Management Risk Inspections:
Conduct the farm visits following the processes and procedures.
Conduct routine inspections of existing clients and/or securities and ad hoc inspections.
Identify and report potential risk to clients operations including to the condition of underlying collateral.
Monitor progress of projects financed by Land Bank and ensure adherence to agreed loan terms and conditions as required.
Identification of assets under a Special Notarial Bond for collateral security purposes.
Conduct Agronomical Assessments and prepare valuation reports
Prepare professional valuation reports in line with internal/external standards, regulatory requirements, and industry best practice.
Perform farm visits to ascertain whether the farm funding was utilised as intended:
Ensure that the funds have been used for their stated purpose.
Monitor and evaluate the progress of the client for any early warning signs of distress.
Advise with subject matter experts and link clients with relevant stakeholders to provide technical advice to clients where necessary.
Conduct in-depth farm Agronomical Valuation:
Determine accurate farm values.
Provide a detailed assessment report including insights, farm status and possible interventions (to rehabilitate).
Preferred Minimum Education and Experience
A relevant 3-year qualification in Agriculture or relevant equivalent.
5 years' experience as a Valuator in the Agricultural sector.
5 years' experience in Agricultural businesses, a Co-op, or similar organisations.
Critical Competencies
Microsoft Office.
Knowledge / Experience of financial and business analytical principles, tools and systems.
Property Valuation Principles.
Loose asset Valuation Principles.
Risk Management Principles.
Lending / Credit Assessment Principles.
Financial and Business Acumen.
Additional Requirements
Knowledge/Experience of Professional Valuations.
Knowledge/Experience of Agricultural Industry and commodities.
Knowledge of PFMA.
Knowledge of the National Credit Act, Company Law, Contract Law.
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