VAS - Funds Director - CBRE
Chicago, IL
About the Job
VAS - Funds Director
Job ID
197477
Posted
26-Dec-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Valuations/Appraisal
Location(s)
Boston - Massachusetts - United States of America, Chicago - Illinois - United States of America, Dallas - Texas - United States of America, Houston - Texas - United States of America, New York City - New York - United States of America, Washington - District of Columbia - United States of America, Washington, D.C. - District of Columbia - United States of America
About The Role:
As a CBRE Valuation Funds Director, you will independently prepare market value appraisals on real estate assets with review by Managing Director or Sr. Managing Director. You'll prepare real estate appraisal reports from start to finish on simple, complex or special-use properties, including all Appraiser responsibilities. You will perform detailed appraisal analysis in order to value real estate with the highest quality of work product. You'll review work product of other appraisers in office, train direct reports, participate in the development of the fund platform, and act as a single Point Of Contact for multiple fund clients.
What You'll Do:
+ Handle client relationships, timelines, and staffing for a large number of assignments. Train and mentor staff on a continual basis. Lead all valuation related calls, presentations, and panels internally and externally. Actively provide feedback and chip in to the development and enhancement of the platform: valuation models, appraisal templates, and data analytics tools.
+ Prepare appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; documenting supportive reasoning.
+ Maintain organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.
+ Provide to overall company goals by adding to database, setting up a library, specializing in unique real estate markets, mentoring trainees, and engaging in client development.
+ Identify value to be estimated by talking with client regarding appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale.
+ Choose valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.
+ Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, etc.
+ Update job knowledge by following current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.
+ Other duties may be assigned.
What You'll Need:
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
+ Bachelor's degree from four-year college or university required. Master’s degree preferred. A minimum of (10) years commercial appraisal experience for institutional clients.
+ Lead the planning, organization, and controls for a major functional area or department. Responsible for a mix of direct and matrix reports. Approve subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Recommend same for direct reports to next level management for review and approval. Monitor appropriate staffing levels and reports on utilization and deployment of human resources. Lead and support staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Lead by example and models behaviors that are consistent with the company's values.
+ Must have General State Certification/License. MAI designation required.
+ Ability to comprehend, analyze, and interpret business documents. Ability to respond to issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on topics to employees, clients, top management and/or public groups. Ability to inspire key employees, top management, and client groups to take desired action.
+ Requires superior knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate.
+ Ability to address problems with a variety of options. Requires high level analytical and quantitative skills with experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
+ Must be proficient in Argus Enterprise, MS Word and MS Excel. Excellent writing skills.
+ Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results. Responsible for setting project, department and/or division timelines. Errors in judgment may cause short-term impact to line of business and/or overall company.
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on ourRISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the VAS Funds Director position is $200,000 annually and the maximum salary for the position is $250,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Job ID
197477
Posted
26-Dec-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Valuations/Appraisal
Location(s)
Boston - Massachusetts - United States of America, Chicago - Illinois - United States of America, Dallas - Texas - United States of America, Houston - Texas - United States of America, New York City - New York - United States of America, Washington - District of Columbia - United States of America, Washington, D.C. - District of Columbia - United States of America
About The Role:
As a CBRE Valuation Funds Director, you will independently prepare market value appraisals on real estate assets with review by Managing Director or Sr. Managing Director. You'll prepare real estate appraisal reports from start to finish on simple, complex or special-use properties, including all Appraiser responsibilities. You will perform detailed appraisal analysis in order to value real estate with the highest quality of work product. You'll review work product of other appraisers in office, train direct reports, participate in the development of the fund platform, and act as a single Point Of Contact for multiple fund clients.
What You'll Do:
+ Handle client relationships, timelines, and staffing for a large number of assignments. Train and mentor staff on a continual basis. Lead all valuation related calls, presentations, and panels internally and externally. Actively provide feedback and chip in to the development and enhancement of the platform: valuation models, appraisal templates, and data analytics tools.
+ Prepare appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; documenting supportive reasoning.
+ Maintain organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.
+ Provide to overall company goals by adding to database, setting up a library, specializing in unique real estate markets, mentoring trainees, and engaging in client development.
+ Identify value to be estimated by talking with client regarding appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale.
+ Choose valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.
+ Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, etc.
+ Update job knowledge by following current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.
+ Other duties may be assigned.
What You'll Need:
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
+ Bachelor's degree from four-year college or university required. Master’s degree preferred. A minimum of (10) years commercial appraisal experience for institutional clients.
+ Lead the planning, organization, and controls for a major functional area or department. Responsible for a mix of direct and matrix reports. Approve subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Recommend same for direct reports to next level management for review and approval. Monitor appropriate staffing levels and reports on utilization and deployment of human resources. Lead and support staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Lead by example and models behaviors that are consistent with the company's values.
+ Must have General State Certification/License. MAI designation required.
+ Ability to comprehend, analyze, and interpret business documents. Ability to respond to issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on topics to employees, clients, top management and/or public groups. Ability to inspire key employees, top management, and client groups to take desired action.
+ Requires superior knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate.
+ Ability to address problems with a variety of options. Requires high level analytical and quantitative skills with experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.
+ Must be proficient in Argus Enterprise, MS Word and MS Excel. Excellent writing skills.
+ Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve complex results. Responsible for setting project, department and/or division timelines. Errors in judgment may cause short-term impact to line of business and/or overall company.
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on ourRISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the VAS Funds Director position is $200,000 annually and the maximum salary for the position is $250,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Source : CBRE