Valuation Assurance Committee, Chair

Organisation:  RICS

Part Time

Salary: £340 Per Day

Location: Remote

Application Deadline: 04/04/2023

  • Part Time
  • Remote
  • 340 Per Day GBP / Year
  • Salary: £340 Per Day

Do you have senior experience of valuation? Are you interested in a new regulatory role within RICS?

We are looking for an experienced Chair to lead this important new Committee responsible for oversight of RICS’ regulatory assurance regime for RICS Registered Valuers and RICS Regulated Firms undertaking valuation services.

RICS’ Standards and Regulation Board will establish a new Valuation Assurance Committee by mid-2023.

The primary purpose of the new Committee, will be to establish and oversee the regulatory quality assurance framework for RICS Registered Valuers and RICS Regulated Firms that undertake valuation services including responsibility for:
(i)     the Registration of RICS Registered Valuers, Valuation Compliance Officers and RICS Regulated Firms that undertake valuation services on an approved list (or lists)
(ii)     Continuing Professional Development (CPD) requirements, including revalidation, required of RICS Registered Valuers and Valuation Compliance Officers to remain on the approved list(s) and
(iii)     the monitoring, including audit arrangements of RICS Registered Valuers, Valuation Compliance Officers and RICS Regulated Firms that undertake valuation services on the approved list(s) to provide assurance of their compliance with the requirements of the registration scheme.

For further information please see the Role Description and Person Specification.

Eligibility Requirements
The Chair of the Committee does not have to be a Chartered Member of RICS. The Chair must not be a practising valuer. The individual must be demonstrably independent of any currently practising RICS regulated firm carrying out valuations.

Terms of Appointment

This position is remunerated at £340 per day with an anticipated time commitment of 25 days per annum.  The Chair will be eligible to claim reasonable travel and subsistence expenses in accordance with the current RICS policy. This role is not pensionable. The RICS’ Non-Executive Remuneration & Expenses Policy may be reviewed during the course of the appointment term.

The maximum term of an appointment will be three years. There may be no more than two successive terms of appointment.

How to apply
To apply, please submit the following documents to srbgroupsapplications@rics.org

A personal statement (maximum two pages) explaining how you meet the criteria for the role, as described in the role description;

A CV which includes any relevant experience (maximum two pages);

Details of two professional referees; referees will only be contacted for shortlisted candidates following interview;

Any relevant professional body membership details (i.e. RICS membership status and number; or other regulated profession membership status and number)