Job description

 

KEY PERFORMANCE AREAS(KPA’s)
Estate Agent Liaison
•    Ensure that all properties bought in by the Bank at a Sale in Execution are effectively marketed and sold to prospective buyers in compliance with the Bank’s policy and authority matrix.
•    Onboarding of eligible Estate Agents to ensure compliance prior to marketing properties.
•    Manage Service Level Agreements with contracted estate agents to assist in the property management.
•    Allocate properties to a vetted estate agent or agency on a 3-month Sole mandate to sell the property at market value.
•    Monitor estate performance monthly to ensure effective marketing of properties portfolio.
•    Negotiate offers to ensure minimal loss during a sale.
•    Develop and maintain a marketing strategy together with, agents, agencies, focusing their attention on the PIP portfolio’s unique underlying market drivers.
Administration 
•    Ensure that Estate Agent applications for entry are completed correctly with the required authorisation, signatures and supporting documents
•    Liaison with Legal on all administrative agreements to ensure compliance with the relevant legislation
•    Assess and evaluate all offers to purchase by interested buyers within 48 hours to initiate the sales process
•    Prepare offers for submission to COO or Executive Credit to be reviewed as per authority matrix
•    Compile and prepare monthly reports on Estate Agents Portfolio performance for submission to MANCO
•    Update and maintain all records, correspondence, and files on all properties in possession outgoing portfolio.
Financial
•    Conclude the ultimate sale of the properties at minimal loss and within five (5) years of bought in as per Banking Institutions Act.
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Customer Focus
•    Provide customer service and support in professional manner to estate agents, clients and stakeholders
•    Administer Estate Agent concerns and complaints to ensure all complaints are effectively addressed
General
•    Must be prepared and willing to timeously perform any other reasonable and lawful instruction or task from line management
•    Must be willing to work as part of a team
CORE COMPETENCIES
•    Deciding and initiating action
•    Writing and reporting
•    Adhering to Principles and Values
•    Dynamic, enthusiastic, and energetic
•    Networking with relevant Estate Agents ,  Conveyancing Lawyers, enforcement agencies and other external vendors
•    Delivering and exceeding customer expectations
•    Planning and organizing
•    Ability to come up with new ideas
•    Adapting and responding to change
•    Coping with Pressures and Setbacks

 

Minimum requirements

 

EXPERIENCE/KNOWLEDGE & SKILLS
•    4 years experience as an Estate Agent or similar role
•    2 years Financial services industry experience preferred
•    Computer skills including good proficiency with Microsoft Office Suite
•    Excellent knowledge of Banking Institutions Act
•    Exceptional written and verbal communication skills.
•    Strong relationship building and stakeholder management skills.
QUALIFICATION
•    Grade 12
•    Estate Agent Certification with at least 4 years’ experience as an estate agent
•    Bachelor Degree would be an added advantage
•    2 Years experience as an estate agent