Consultant, Valuation Expert
- Toronto, ON, Canada
$70,000 - $85,000 · Full-time
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Job details
- Pay
- $70,000 - $85,000
- Job type
- Full-time
- Posting language
- English
- Posted
Original job description
Compensation Range:
$70,000 - $85,000
Compensation Disclaimer:
The salary range listed reflects the base pay for this role at Altus Group and is provided where required by local regulations. Actual offers may differ based on experience, market conditions, and other relevant factors. The range does not include additional compensation such as bonuses, equity, benefits, or other incentives.
Delivery Process: Direct the coordination and drive the schedule of the delivery process within the Delivery pod (including Analysts & GSC) and ensure the accurate completion of the administrative tasks that drive the Altus/client engagement delivery process and ultimately the relationships; quarterly AIP Setup, data confirmation and requests, appraiser/client call scheduling, quarterly invoicing, engagement letter organization between clients and third party appraisers.
Engage in client and third-party coordination to support execution of the VMS process. Primary communication is focused on ensuring that accurate and timely information is shared with stakeholders in a timely fashion.
Internal Valuations: Review market data and analyses completed by the Analyst & Sr. Analysts and apply judgement to determine application of USPAP guidelines in determining and confirming reasonable valuation assumptions used in deriving a market value estimate. Assumptions include market rent, market rent growth, pricing, operating expenses, etc.
Review and create AE models used for the income approach valuation, as well as all adjustments and conclusions made in the Sales Comparison and Cost approaches within the appraisal report.
Independently initiate the end-to-end valuation process across several different asset classes. Ability to complete valuations for all property types including land and developments.
Appraisal Review: Review third party appraisal reports as part of the valuation management process, which includes reviewing the preliminary reviews with Analysts, determine the reasonableness of pricing and market assumptions used in the appraisal reports, and document, discuss and resolve any concerns with the client and/or the 3rd party appraiser. Review appraisal reports for compliance with USPAP and State regulations.
Valuation analysis: Ownership and analysis of data: Ability to form thesis on valuation assumptions reflecting guidance from Market Experts, incorporating market data, industry news, etc., while understanding and reflecting asset specific characteristics.
Reviews and a market analysis for the subject property, which includes gathering and analyzing data about the subject’s market and submarket, and determining market rent based on recent leases at comparable properties and the subject’s recent leasing.
Support the training and mentorship of analysts on foundational CRE knowledge to support their ability to apply judgement and gain knowledge in determining valuation assumptions such as market rent and market rent growth.
Ability to complete valuations for most (inclusive of complicated industrial, retail, and apartment assets, and most office assets) types of traditional operating properties.
Coordinates the process and allocation of work with GSC and analysts to ensure process efficiency, good communication, cross-team collaboration, alignment of objectives, and problem resolution. Consultant is a primary contact for GSC and analysts as it relates to established processes and day-to-day work.
Provides clear and concise instructions to others; shares insights to enhance process and results; plays active role in discussions and meetings, providing substantive input delivered at the appropriate time.
Builds and leverages relationships within a network of contacts across organizational lines of service, functional area, or business community to achieve results. Begins to identify needs client may not recognize and communicates needs to appropriate managers and leaders.
Unlock your Altus Experience!
If you’re looking to advance your career in in an industry that is transitioning for greatness, there’s no better place than Altus Group.
Our high trust, high performance culture prioritizes progressive programs that empower you to deliver your greatest performance while promoting collective success where everyone is recognized and connected.
We offer boundless opportunities in a rapidly growing global business: mentorship from the best and brightest in CRE, access to our Altus Intelligence Academy, and the chance to work with the best data sets, tools and technology in the industry.
What Altus Group offers:
Rewarding performance: competitive compensation, incentive and bonus plans, and a total rewards package prioritizing mental, physical, and financial well-being.
Growth and development: we invest in your professional learning. Our Altus Intelligence Academy offers over 150,000 hours of learning content.
Flexible work model: our Activity-Based Work model provides flexibility to align your work location to the needs of the work - use the office for collaboration and remote work for focused tasks.
Inclusivity & Accessibility
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 accessibility@altusgroup.com or +1 888 692 7487.
Use of Artificial Intelligence
AI tools may be used to support the initial stages of screening for this role; however, all assessments and final hiring decisions are reviewed and made by an Altus Group hiring professional.
Background Checks
Please note that as part of our commitment to maintaining a safe and secure workplace, Altus Group may conduct background checks on candidates who receive a conditional offer of employment. These checks may include, but are not limited to, verification of employment history, education credentials, criminal records, credit history (where relevant), and reference checks. The scope and nature of background checks may vary depending on the role, location, and applicable laws. All background checks will be conducted in compliance with local laws and regulations, and candidates will be informed of any checks required as part of the recruitment process.
Other Notes / Application Process
We appreciate all applicants; however, only those selected to move forward will be contacted. Thank you for your interest in Altus Group.
More about this job
Responsibilities
The Consultant will manage the end-to-end valuation process for various asset classes, including reviewing third-party appraisal reports and ensuring compliance with USPAP guidelines. They will also coordinate delivery schedules with analysts and provide mentorship to support team development and process efficiency.
Requirements
Candidates should possess strong expertise in commercial real estate valuation, including the ability to apply income, sales comparison, and cost approaches. Proficiency in reviewing market data and communicating complex valuation assumptions to clients and stakeholders is essential.
Skills
- Valuation analysis
- USPAP compliance
- Market data analysis
- Appraisal review
- Income approach valuation
- Sales comparison approach
- Cost approach
- CRE knowledge
- Mentorship
- Stakeholder communication
- Project coordination
- Financial modeling
- Data analysis
- Asset valuation
- Market rent determination
Benefits
- Competitive compensation
- Incentive and bonus plans
- Total rewards package
- Mental well-being support
- Physical well-being support
- Financial well-being support
- Professional learning
- Mentorship programs
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Consulting
- Management & Leadership
- Data & Analytics
- Administrative
Keywords
- Valuation
- USPAP
- Commercial Real Estate
- CRE
- Appraisal
- Market Analysis
- Financial Modeling
- AE Models
- Asset Management
- Data Analysis
- Mentorship
- Stakeholder Management
- Invoicing
- Engagement Letters
- Market Rent
- Industrial Assets
- Retail Assets
- Apartment Assets
- Office Assets
- Activity-Based Work
- Altus Intelligence Academy
- GSC
- Analysts
- Valuation Management
- Compliance
- Reporting
- Collaboration
- Problem Resolution
- Market Experts
- Client Engagement