Internal Property Surveyor (RICS Qualified) - 12 months FTC

The Internal Surveyor is a RICS-qualified property professional embedded within the Bank's  Portfolio & Credit Solutions function. The role provides in-house Chartered Surveyor expertise across residential, commercial and mixed-use real estate collateral, with a particular focus on ensuring that property valuations are appropriate forfor regulatory capital, provisioning and lending purposes. The role acts as the technical bridge between external valuers, credit risk, model risk, finance and regulatory reporting teams. • To act as the Bank's internal Chartered Surveyor, providing RICS  subject matter expertise across residential and commercial property collateral. • To perform internal revaluations and desktop assessments of property assets held as collateral, in line with regulatory and risk based requirements for the valuation of immovable property securing exposures; of both commercial and residential nature. • To support the monitoring and statistical/index-based revaluation of property collateral, including identifying assets that require a full individual revaluation according to internal policy parameters • To provide valuation commentary on back-book assets and in-life cases, recommending appropriate valuation bases, provide support and guidance to underwriting and in life teams; along with guidance toany disposal strategies as necessary. • To support new deal processes as appropriate across Real Estate and alternative Real Estate asset classes Key Responsibilities • Prepare internal valuations of commercial, residential and mixed-use property collateral, ensuring compliance with RICS Valuation – Global Standards (the "Red Book") as appropriate and relevant UK regulatory requirements. • Apply and interpret associated regulatory  requirements for the valuation and monitoring of immovable property collateral, including valuation independence, prudent valuation criteria, and minimum revaluation frequency for commercial and residential real estate exposures. • Identify properties where market conditions indicate a significant decline in value and instruct or perform a full revaluation in accordance with regulatory thresholds, inclusive of site visits as appropriate • Support internal audit, model risk and regulatory reviews (including PRA/FCA engagement) by providing evidence of valuation governance, methodology and compliance with the Basel 3.1 collateral valuation requirements. • Maintain accurate valuation records and audit trails sufficient to evidence compliance with prudential and Red Book requirements. • Keep abreast of regulatory developments relating to but not limited to Basel 3.1/CRR3 implementation, PRA policy statements and RICS professional standards, and translate these into practical changes to internal valuation policy. • Support development and maintain adherence to the  banks Collateral and Valuation Policy  at  Business line level • Provide portfolio level insight across key asset classes and geographies to support LTV trend analysis and horizon scanning Skills & Experience Experience Expectations • Significant post-qualification experience (PQE) as a Chartered Surveyor, ideally including time within a bank, building society or specialist lender. • Excellent understanding of the residential and commercial real estate markets, including valuation methodologies (comparable, investment, DRC, residual). • Practical experience valuing or reviewing valuations of property held as loan collateral, including for regulatory/capital purposes. • Experience managing external valuation panel relationships and overseeing panel manager performance. • Familiarity with Automated Valuation Models (AVMs) and statistical/index-based revaluation approaches. • Experience supporting workout, forbearance or in-l