Collateral Valuation (Maker/Checker) | Cooperative Bank of Oromia South Finfinnee District
- Duty Station: South Finfinne District
- Registration Place:
- South Finfinne District
- Requirements
- Education and Experience :BSC Degree or equivalent in Civil – Engineering or Building Construction or Mechanical Engineering
- Experience: Minimum of Four years of experience in related works.
- Language: Proven proficiency of Listening, Speaking and Writing Afaan Oromoo, Amharic and English are Mandatory.
Roles and Responsibilities
- As Maker:
- Collects and checks authenticity of all collateral property documents.
- Observes, measures, takes pictures (both photograph and video as appropriate) and other data of collateral properties.
- Interprets the data, estimates value of collateral, and produces collateral estimation result reports.
- Provides technical advice on discrepancies observed and justifications for variation on estimated values of collateral.
- Collects market and cost price data (construction materials, location value, labor, etc) to update estimation procedures.
- Works collaboratively with all credit performers.
- Performs other duties as deemed necessary.
- As Checker:
- Checks and ensures appropriateness of all collateral property documents and valuation process.
- Conducts site visit to counter-check the physical condition of collateral properties, if necessary.
- Confirm genuineness of collateral estimation result reports.
- Provides technical advice on discrepancies observed and justifications for variation on estimated values of collateral.
- Collects market price data to update estimation procedures.
- Works collaboratively with the performers of credit process.
- Performs other collateral valuation related duties as deemed necessary.
- Expected Outcomes
- High realizable value of collaterals.
- Salability of collaterals with no legal complications.
- Smooth relationship between the bank and the customer.
- Required Competency
- Property valuation knowledge and skill.
- Knowledge of valuation procedure.
- Knowledge of market price of the collateral properties.
- Technical advisory skill.
- General banking operation knowledge.
- Computer skill.
- Working in teams, cooperation and commitment;
- Passionate for results.
- Self-learning and improving and openness to change.
- Willingness to work under stress and meet deadlines.
- Honesty and Integrity
- Remuneration: As per the Bank's salary scale and benefit scheme
- Terms of employment: Permanent after probationary period
- Registration Deadline: April 07, 2022
How to Apply
Interested applicants who fulfill the above criteria can submit their copies of non-returnable CV with the application letter and copy of credentials; including copy of grade 8 ministry certificate and other supportive documents. Applicants should appear in person with original documents within five consecutive working days from the date of announcement.
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