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Deputy / Assistant Director, Valuation

Salary undisclosed

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Job Purpose:

The Valuation Assistant / Deputy Director is the second in charge of the Valuation Division which provides leadership in various valuation functions in support of JTC’s role to transform industries and support Singapore’s industrial development.

Key Responsibilities:

To head, manage and provide technical expertise to the valuation team by providing guidance, support and reviewing team’s assessment for valuation and advisory mandates. To foster and advocate quality and continuously improvement to strengthen our solutions, work processes, and forge good relationships with various stakeholders to support JTC’s industrial development role.

Scope of the Valuation Division includes but not limited to the following:

a) Valuation Work

  • In support of JTC’s corporate pricing review of our full portfolio of industrial and non-industrial properties;
  • Yearly assessment of the market value of our portfolio of assets for annual financial reporting and budgeting;
  • Pricing of new estates and other specialised land / properties;
  • Valuation and negotiation for state land alienation;
  • Approval of ad-hoc valuation cases comprising rental and capital valuation for lease / tenancy renewals, compulsory acquisition, etc.

b) Process improvement works which involves Automated Valuation Model, system improvement and other streamlining initiatives though digitalisation

c) International benchmarking of our land prices to ensure Singapore’s competitiveness

Key Requirements:

  • Strong technical expertise in valuation
  • Minimum 10 years of relevant valuation experience with at least 3- 5 yrs in leading a team
  • Possess strong leadership, people and management skills
  • Excellent communicator who can easily collaborate with colleagues and external parties
  • Ability to handle complex conversations with stakeholders which include business units, senior executives, and high-level corporate real estate decision makers
  • Possess strong organisational skills, keen initiative and a sense of accountability towards work