Property Valuator

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About the business area

ADCE, a leading commercial building development manager in Abu Dhabi, provides a wide range of services from feasibility studies to project management, catering to ADCB's retail and commercial mortgage business and key government entities like the Abu Dhabi Municipality. This year, a priority has been investing in digitalization to optimize operations, with a focus on valuations, reporting, and certification, utilizing technology to expand services and enhance its proposition. Additionally, ADCE collaborates closely with ADCB’s Sustainability and Corporate & Investment Banking teams to identify and assess sustainable property and construction projects, offering guidance on financing for construction projects and building retrofits. With Environmental, Social and Governance (ESG) as a key focus, ADCE is developing new service offerings set for launch in 2025, including energy services to support the UAE’s goal of achieving net zero emissions by 2050.

We are actively seeking an ambitious professional to join our team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.

In this role, your key responsibilities include:

• Inspect properties when needed in order to issue the final valuation report draft for manager’s approval.
• Complete all paperwork in line with Banks requirements to ensure compliance with Royal Institution of Chartered Surveyors (RICS) valuation standards.
• Maintain frequent dashboard reports to the manager’s as per agreed format in order to provide accurate updates when requested.
• Stay up to date with latest codes, standards and valuation guidelines to ensure that best practice is being followed and implemented.
• Source data and analysis in order to produce market research report on quarterly basis.
• Assess the value of properties, taking into account size, condition, location and market trends in order to advise on the suitable rent for property to let.
• Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders.
• Manage self in line with the Bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance.
• Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions.

The ideal candidate should have the following experience;

• At least 5 years of experience in Property Valuation.
• Bachelor Degree in Engineering/ Business or relevant field
• Member of the Royal Institute of Chartered Surveyors (MRICS).
• IT systems & Word, Excel & power point proficiency
• Sound knowledge of construction rules and regulations
• Demonstrate extensive knowledge of technical construction techniques.
• Excellent verbal and written communication skills
• Strong organisational skills
• Outstanding problem-solving skills & strong decision-making skills

What we offer:

Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).

Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.

Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.