Director, Advisory

Job Category:

Valuations & Appraisals

Pay Grade Range:

$49335.00 - $115115.00

Disclaimer: The base salary range represents the low and high end of Altus Groups Pay Grade Range for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Groups total compensation for employees. Other rewards may include an annual bonus flexible work arrangements and region-specific benefits.

Unlock your Altus Experience!

If youre looking to advance your career in data analytics expertise and technology for the rapidly growing global CRE market theres no better place than Altus Group. At Altus our work is purposeful. Every day our employees drive impact innovate and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust high performance culture surrounded by an inclusive team thats collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

Technical Practitioner Work
Reports:
o Authors reviews and signs off on appraisal reports using SME practitioner knowledge and expertise:
o Based on analysis of financial models qualitative & quantitative market analysis applies practitioner expertise to sign off on methodology selection author reconciliation and conclusion section (incl final property value conclusion)
o Review work of junior staff and all materials/market info prepared as it relates to the property under review in the report for accuracy and completion: qualitative & quantitative analysis as well as all tables and exhibits; ensures right market intelligence was used in analysis; signs off on final client materials
o Contributes towards and authors small market studies upon client request
Analysis:
o Applies practitioner expertise to review financial models used in quantitative analysis to generate valuation models:
o Reviews methodology chosen and tests to confirm correct application was conducted
o Extensive analysis for more complex properties relating to net operating income operating expenses and capitalization rates units of comparison and appropriate market adjustments or adjustments for depreciation
Site Inspections
Independently performs all types of property (land & building) inspections for the purposes of validating site specs/surveying the building or land (building type description land use etc.) taking measurements photos etc. to be used in client reports.
Client File/Project Management
Analyzing/determining scope of work and forecasting client needs after initial pitch has been done
Preparing and reviewing deliverables and clients timelines
Regularly communicates with clients to gather information manage ongoing relationship and resolve issues; Escalates issues to next level of management as required
Market Presence
Begins to build personal practitioner brand with clients
Technical Management (supervising technical content) Job Title: Director (practitioner only) Reports to: Sr. Director (practitioner mngt) Business Unit: RVA Canada Service Line/Department: Valuation and Appraisals (V&A) Last Revised: July 18 2019

Supervises client work prepared by junior staff to ensure client deadlines are met
Provide technical work direction & instructions
Review all reports/work that role is accountable for signing off on

Job Summary:

Reporting to the Senior Director of Valuations and Appraisals the Director is responsible for applying subject matter expertise in financial modeling as well as qualitative and quantitative market analysis to support accurate and defensible valuation methodologies. The Director independently conducts site inspections manages project deliverables oversees the technical work of junior staff and ensures the delivery of high-quality service to clients. Additionally this role contributes to market studies and begins to establish a personal practitioner brand within the industry.

Key Responsibilities:

• Apply subject matter expertise to financial models and market data to determine appropriate valuation methodologies and reconcile final property value conclusions

• Conduct extensive analysis of complex properties including assessments of net operating income operating expenses capitalization rates units of comparison and depreciation adjustments

• Review and supervise the technical work of junior staff including financial models qualitative and quantitative analysis and client-facing materials ensuring accuracy completeness and alignment with valuation standards

• Sign off on final reports and client deliverables ensuring the use of appropriate market intelligence and valuation methodology

• Independently perform property inspections (land and buildings) to validate site specifications taking photographs and measurements to support valuation reports

• Analyze project scope and forecast client needs post-engagement; manage deliverables to align with client timelines and expectations

• Serve as the main point of contact for clients throughout project executiongathering necessary information managing relationships and escalating issues when appropriate

• Contribute to and author small market studies in response to client requests

• Begin developing a personal practitioner brand and professional presence within the industry

Key Qualifications:

• AACI Designation in good standing from the Appraisal Institute of Canada is required

• Bachelors degree required; preferred in Real Estate Business/Commerce or Economics

• Minimum 5 to 10 years of relevant experience in commercial real estate appraisal or consulting

• Candidate Member of the Appraisal Institute of Canada with at least 50% coursework completed

• Strong knowledge of appraisal methods valuation principles and real estate market dynamics

• Strong knowledge of Multi-Family Rental Properties Seniors and Social Housing and Hotel/Resort Valuations considered an asset

• Proficient in financial modeling tools such as Excel and ARGUS; familiarity with Dyna and Marshall & Swift is an asset

• Proven expertise in valuation methodologies financial modeling and market analysis

• Strong analytical skills particularly for complex commercial properties

• Experience reviewing and signing off on valuation reports and deliverables

• Ability to independently conduct and document detailed site inspections

• Excellent project and client management skills with the ability to communicate effectively

• Demonstrated ability to lead and mentor junior staff in a technical capacity

• Professional presence and ability to begin establishing a personal brand with clients

• Attention to detail and commitment to delivering high-quality work

What Altus Group offers:

• Rewarding performance: We are pleased to be able to provide employees competitive compensation incentive and bonus plans and a total rewards package that prioritizes their mental physical and overall financial health.
• Growth and development: As a destination for top industry talent were investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150000 hours of learning materials catering to diverse stages of an employees career journey.
• Flexible work model: Were modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating and remote for focused work.

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. Were seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation pleasecontactusator1 .

We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.