CLOSE:
01/06/2016
01/06/2016
Terms of Reference
Property Assessment Officer (full
time)
time)
I.
Background
Background
Pursuant to the drive to
continually strengthen its portfolio by adequately securing financing provided
to its clients, COGEBANQUE has sought to put in place certain measures to
ascertain the
continually strengthen its portfolio by adequately securing financing provided
to its clients, COGEBANQUE has sought to put in place certain measures to
ascertain the
existence and value of securities provided along with requests
for financing. However, some of these have on occasion been found to be erroneous
and the bank continues to proactively respond to some of these challenges.
As part of this response,
COGEBANQUE is seeking a qualified Property Assessment Officer.
COGEBANQUE is seeking a qualified Property Assessment Officer.
II.
General functions
General functions
The primary function is to
oversee the adequate verification and valuation of the different types of
immovable securities provided to COGEBANQUE as part of our client’s loan
applications.
oversee the adequate verification and valuation of the different types of
immovable securities provided to COGEBANQUE as part of our client’s loan
applications.
III.
Specific responsibilities
Specific responsibilities
The appointed person to this position shall carry
out the following:
out the following:
- Work
in conjunction with Property Valuers and Land Surveyors in partnership
with the Bank to ensure acquisition of quality reports;
- Undertake
counter-valuation of collateral provided by clients and valuated by the
Property valuers currently in partnership with the Bank. This will include
periodic progress valuation of properties under construction or
refurbishment;
- Undertake
field trips to establish the existence, state, and value of the movable
and immovable properties provided to the Bank as collateral;
- Ensure
that all property documents provided to the Bank by clients are authentic
and relevant for the proposed collaterals;
- Verify
sales of all types of properties provided as security prior to their
discharge;
- Periodically
collect and analyse commercial rental data in order to inform valuation of
property;
- Produce
weekly reports for the valuations done, in the process and the following
week’s visits;
- Work
closely with the Sales and Recovery teams;
- Undertake
any other tasks that the Bank may require which are related to Property
Valuation and/or Land Survey.
IV.
Core competencies
Core competencies
- Bachelor’s
degree in Civil Engineering, Real Estate Management and Valuation or any
other related field;
- Minimum
of 3 years’ experience in the fields of construction, land surveying,
agriculture or real estate appraisals or comparable work experience in a
financial institution;
- Good
knowledge of mass appraisal/assessment theory including methods of
valuation;
- Knowledge
of land registry system and ability to identify property by legal
description;
- Sound
analytical skills;
- Good
communication skills;
- Honesty
and integrity;
- Strong
reporting skills;
- Flexible
working hours;
- Competence
in the use of personal computers and office suite software;
- Being
certified by the Institute of Real Property Valuers in Rwanda is an added advantage.
V.
Working Relations
Working Relations
- Different
Departments and Services;
- Land
Center’ office;
- Construction
Entrepreneurs;
- Police;
- Kigali
City Council and other Districts.
VI.
Duty Station
Duty Station
Cogebanque Head Quarters with frequent field trips.
VII.
Submission of Applications
Submission of Applications
Interested
candidates must submit their application letters addressed to the Managing
Director of COGEBANQUE Ltd with their detailed CVs and a copy of academic
credentials to the following email :jobvacancies@cogebank.com
or to the reception of COGEBANQUE Ltd located at Centenary House, no later than
Thursday 1st June, 2016 at 4:00 pm.
candidates must submit their application letters addressed to the Managing
Director of COGEBANQUE Ltd with their detailed CVs and a copy of academic
credentials to the following email :jobvacancies@cogebank.com
or to the reception of COGEBANQUE Ltd located at Centenary House, no later than
Thursday 1st June, 2016 at 4:00 pm.
Done at Kigali, 18th May, 2016
The
COGEBANQUE Management
COGEBANQUE Management