# Commercial Valuation Team Lead

**Company:** [World Business Lenders, LLC](https://jobs.workable.com/companies/nsA2DtLTXP3vd9cubZCcqV.md)
**Location:** Remote
**Workplace:** remote
**Employment type:** Full-time

[Apply for this job](https://jobs.workable.com/view/7814b82c-4c3f-470c-a53b-6388fad09d26)

## Description

**Overview**

-   World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team.
-   Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.

**About the Role**

-   The Commercial Valuation Team Lead manages a team of commercial valuation analysts and is accountable for the quality and timeliness of the team's value conclusions on US commercial properties, while also valuing complexassignments directly.

**Core Responsibilities** 

**Team leadership**

-   Lead, mentor, and develop a team of commercial valuation analysts.
-   Assign and prioritize valuation assignments across the team to meet turnaround times.
-   Review the team's valuations and reports for accuracy, support, and consistency before they are finalized.
-   Monitor the team's adherence to valuation standards, workflows, and documentation practices.
-   Report value conclusions and team progress to management and other stakeholders.

**Valuation**

-   As the department's needs require, value US commercial properties by collecting, analyzing and interpreting market data, mainly through the sales comparison approach.
-   Analyze external appraisals and broker price opinions (BPOs), understand their rationale, and compare them with internal analysis to conclude on a value.
-   Interview brokers in the subject property's area to gather market feedback.
-   Produce valuation reports summarizing the completed analyses and value conclusion

## Requirements

**Education**

-   Bachelor's degree (BS or BSBA) in real estate, finance, economics, statistics, business analytics, marketing,mathematics, law or a related field; a master's degree is preferred.
-   Candidates with other degrees will be considered if they have applicable experience in the field.

**Skills and attributes**

-   Sharp analytical mind, able to think critically and weigh conflicting market evidence.
-   Communicates clearly and confidently, both in written reports and in conversation.
-   Careful with details and well organized across multiple assignments and deadlines.
-   Leads by example, giving clear direction and constructive feedback to analysts.
-   Collaborates effectively with colleagues, building strong working relationships within the team, with management, and with other departments.

**Technical skills**

-   Proficiency in Microsoft 365 products (Excel, Word, Outlook, Teams).
-   Experience using commercial real estate data platforms such as CoStar, LoopNet, and DataTree.

**Experience requirements**

-   Minimum of 3 years of experience valuing commercial properties.
-   Prior experience managing and training a team of 4 or more for at least 1 year.
-   Advanced knowledge of the sales comparison approach and intermediate knowledge of the income and cost approaches.
-   Within the income approach, intermediate knowledge of analyzing rents, operating expenses, net operating income (NOI), capitalization rates and discount rates.
-   Experience valuing retail, office, industrial, mixed-use, and land properties, as well as other complex and special-use or special-purpose properties.
-   Ability to critically evaluate comparable selection and appraisal adjustments, including when reviewing analysts' work.
-   Experience interpreting zoning codes and regulations across different counties.
-   Experience identifying and determining the highest and best use of properties

**Work Requirements** 

-   Must be available to work Monday–Friday, 9:00 AM – 6:00 PM Eastern Time. 

-   Must have a stable internet connection and professional remote working setup. 

-   Resume must be submitted in English to be considered.

## Benefits

**What We Offer**

💰 **Compensation** in USD.

🏖️ **Benefits** include paid time off (PTO).

🌍 **Work Environment:** Fully remote work environment.

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Ready to Apply?**

_If this sounds like you, we'd love to hear from you - submit your CV in English and hit_ _**Apply**_
