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RICS Standards and Regulation Board Valuation Assurance Committee Chair

Job Location

Flexible

Published By

RICS

Type of Job

Part Time

Published Date

February 28, 2023 at 12:00:00 PM

About the job

Do you have senior experience of valuation? Are you interested in a newregulatory 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. 


How to apply 


For further information, including how to apply, please visit the RICS website at  the following link:


https://www.rics.org/regulation/regulatory-governance/standards-and-regulation-board-vacancies/valuation-assurance-committee-chair


Closing date for applications is 17:00 (GMT) on Tuesday 4 April 2023. 


Further information 

Interviews will be held virtually on Tuesday 4 and Wednesday 5 May 2023. The successful candidate will be invited to attend a virtual induction in early June. 

Responsibilities

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 .

Requirements

Eligibility Requirements 


The Chair of the Committee may be a Chartered Member of RICS but need not be. 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. 

Benefits

With a diverse membership from around the world, RICS encourages applications  from candidates with a diverse background, people from an ethnic minority, people with disabilities and other underrepresented groups.

About us

BPIC working on behalf of the Client, our mission is to increase the participation of black and ethnic individuals in the Construction / Real Estate / Built Environment industry whilst also empowering and educating individuals along the way. We champion the importance of diversity within our industry by directly providing solutions for organizations to create inclusive work environments and attract a diverse workforce. BPIC is dedicated to delivering solutions for participants that work in all areas of the industry from major infrastructure projects, fit-outs, SMEs to specialist professionals that support our industry such as Technology, Law & Finance etc

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