Commercial Valuation Team Lead

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.

Ready to Apply?

If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply