
Property Valuation Manager
1 week ago
**How will I help?**
We have an exciting opportunity to join the Westpac Group's Property Risk Team as a Property Risk Manager (PRM), where you will have the chance to provide specialist industry expertise to support the Group's various national Property Finance businesses. This includes Westpac Business Division and Westpac Institutional Bank.
The team are actively engaged in providing technical analysis for all new investment and development funding opportunities, as well as providing specialised support within existing portfolios.
For investment opportunities, PRMs provide independent property risk assessment, focussing on critical issues such as market conditions (both current and future), cash flow sustainability, the standard of the physical improvements and the quality of existing management arrangements.
PRMs also have a thorough understanding of the property development industry and this knowledge is utilised to support the Property Finance businesses to identify and manage the risks involved within this sector.
**Responsibilities are but limited to**:
- Assisting with the origination, structuring, risk assessment and review of all new investment and development property lending opportunities in excess of $15m
- Supporting the preparation of credit submissions including, inter alia, the provision of robust and independent advice which is focussed on the identification of key property risks and proposed mitigants.
- Keeping the property finance teams informed of market issues across all property sectors, they develop and maintain industry contacts and advise the business of industry trends and legislative changes as they affect the relevant markets.
- Managing and monitoring the performance of the Valuation and Consultant Panels. PRMs instruct, review, and summarise valuations and consultants' reports in support of new property lending deals and facility reviews.
**What's in it for me?**
You'll play a significant part of the future of a business that has been around for 200 years. Our purpose is of creating better futures together. So, we'll back you in the development of your career, internal career prospects, and flexible working. You'll also keep learning to grown, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.
**What do I need?**
You will bring you prior experience within the valuation industry across a range of asset classes and display confidence in the ability to identify key market risks and recommend appropriate mitigants.
A relevant bachelor's degree would be advantageous as being an Associate or Fellow of either the Australian Property Institution (API) or the Roya Institution of Chartered Surveyors.
Excellent communication skills, both verbal and written, would be essential to success in this role as would the ability to take complex information and present it in a simplified format.
**What is it like to work there?**
We aim to provide one big, supportive team to help us achieve our purpose of creating better futures together. With us you'll discover new ways of working, and an exciting range of roles to showcase your skills. As an equal opportunity employer, we're proud to have created a culture where people can be their best, in an environment that values diversity and flexibility and one where everyone belongs.
**How do I apply?**
Start here. Just click on the **APPLY **button.
**Do you need reasonable adjustments during the recruitment process?**
At Westpac we are committed to providing a supportive culture and creating inclusive and accessible workplaces, branches, products and services for our customers, employees, and community.
**Compliance with Industrial Relation Laws - Employment Advertisements**:
Note: it is prohibited to advertise employment at a rate of pay below applicable minimum pay rates (that is the national minimum wage rate or minimum rates in an applicable industrial instrument such as an applicable Enterprise Agreement). If salary information is to be included in any job advertisement, it must at least meet applicable minimum rates.
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