Portfolio Jobs

Search open roles at our #staymagical portfolio companies

Consultant, Advisory (Real Estate Valuation)

Reonomy

Reonomy

Singapore
Posted on Friday, June 21, 2024

Job Category:

Valuations & Appraisals

Pay Grade Range:

S$46,980.00 - S$109,620.00

Disclaimer: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

Unlock your Altus Experience!

If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

Altus Group is seeking a Real Estate Valuations Consultant to join our Singapore office, to support the valuation (appraisal) management and review process of commercial real estate portfolios located across Asia Pacific for real estate funds.

Reporting to the Senior Director, Advisory Asia Pacific, the Real Estate Valuations Consultant is passionate about the support the valuation (appraisal) management and review process of commercial real estate portfolios located across Asia Pacific for real estate funds. As a Real Estate Valuations Consultant you will be involved managing all aspects of the valuation management process and workflow through interaction with clients, subordinates and supervisors. Responsibilities, each quarter, include the review of valuations, and update of ARGUS and/or MS-Excel models for all property types, as well as assisting in the preparation of client deliverables.

Key Responsibilities

  • Conducting reviews of external third party commercial real estate valuations across APAC.
  • Reviewing market data and applying judgement to determine reasonableness of valuations assumptions used in deriving a Market Value opinion.
  • Analysing and reviewing ARGUS and/or MS-Excel based valuations models for accuracy and reasonableness.
  • Supervise Analysts within team on daily workflow management, which includes reviewing the preliminary reviews with Analysts.
  • Assist the Team Director in managing the quarterly valuation review processes, which will include reviewing work completed by Analysts, and working with clients to address their comments and questions.
  • Address comments on valuations to the third-party appraisers, with collaboration with clients.
  • Advise new clients on setting up the valuation management process including the training of clients and third parties.
  • Preparing presentations on review findings and portfolio metrics.
  • Research market data for additional support of review comments to the third-party appraisers.

Key Qualifications

  • A university degree in real estate, finance, or a related field is required.
  • 3+ years of commercial real estate valuation experience, with any current or prior exposure in a valuation firm (e.g. CBRE, JLL, C&W, Knight Frank, Savills) being a plus.
  • We welcome applications from newly MRICS qualified (Valuation pathway) candidates.
  • A good understanding of IVS/RICS Valuation Standards, with valuation experience gained in regional core APAC markets a plus.
  • Good financial modeling skills to model and analyse commercial real estate assets in ARGUS Enterprise and MS-Excel. Prior knowledge of or use of ARGUS Enterprise is a plus. Analytical with high attention to detail.
  • Strong communication skills both verbal and written. Ability to multi-task and prioritise and coordinate tasks efficiently ensuring all deadlines are met. Strong time-management skills.
  • A team player who embraces teamwork and deals effectively with colleagues and clients. High level of integrity and intellectual curiosity.
  • Languages: Fluency in English with any other additional Asian languages (such as Japanese) is an advantage.

What Altus Group offers:

  • Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
  • Growth and development: As a destination for top industry talent, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey.
  • Flexible work model: We’re modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.

Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We provide an atmosphere free from barriers to promote diversity, equity, and inclusion, and encourage equal opportunities for all employees. We’re seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at [email protected] or +1 888 692 7487.

We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.