Job Category: Valuations & Appraisals Pay Grade Range: $49,335.00 - $115,115.00 Disclaimer: The base salary range represents the low and high end of Altus Group’s “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 Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits. Unlock your Altus Experience! If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s 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 that’s 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 client's 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 execution—gathering 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, P.App Designation in good standing from the Appraisal Institute of Canada is required Bachelor’s 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, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey. Flexible work model: We’re 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. 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. 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. If you’re looking to advance your skills and career in data, advice, and technology for the rapidly growing global commercial real estate (CRE) market, there’s no better place than Altus Group. With 2,700+ employees worldwide, operating in 16 countries across 3 continents, Altus’ offer to our clients starts with you. Our work is purposeful. We work with the most influential CRE firms around the world providing you exposure to some of the most significant CRE and prop tech mandates, and importantly, shaping the modernization of our industry. At Altus, we believe in: - A high trust, high performance culture - Maintaining lots of whitespace and room to make your mark - Flexible work arrangements that empower you to deliver your greatest performance This is why we offer boundless opportunities in a rapidly growing global business, mentorship from the best and brightest in the industry, free access to our Altus Intelligence Academy, and the chance to work with the best data sets, tools and technology in the industry. That’s the Altus experience. We want to hear from you. We’re growing fast – come join us! Careers at Altus Employee Referral Program Are you being referred to one of our roles by a current Altus team member? If so, ask your connection at Altus Group about using our Employee Referral process! Every day, Altus employees drive impact, innovate, and shape one of the biggest markets, committed to our mission of delivering the most impactful asset and fund-level intelligence. Our modernized work approach drives a high trust, high performance environment where you’ll be able to shine. Altus Group is an equal opportunity employer committed to fostering an inclusive and accessible work environment and does not discriminate on the basis of any legally protected status or characteristic. Altus reasonably accommodates people with disabilities throughout the recruitment and selection process. Applicants are encouraged to make their needs known in advance if accommodation is required by contacting us at accessibility@altusgroup.com or 416-641-9500.
