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Valuation Auditor

Cooperative Bank of Oromia (COOP) Addis Ababa, ET

Role description

Valuation Auditor Vacancy –  Cooperative Bank of Oromia Vacancy 2026
Cooperative Bank of Oromia invites qualified and experienced applicants to apply for the position of Valuation Auditor at its Head Office in Ethiopia.
Ethiopia Job Market
The Bank provides Retail, Cooperative, Institutional, Diaspora, and Interest-Free Banking (IFB) services to more than 10 million customers. It aims to become a leading private bank in Ethiopia.
Job Overview
Category Details Organization Cooperative Bank of Oromia Position Valuation Auditor Department Special Investigation and Branch Audit Sub-process Location Head Office Education Bachelor's Degree Experience At least 5 years Employment Type Full-time Application Deadline November 12, 2026
About the Bank
Cooperative Bank of Oromia has a diversified ownership structure comprising cooperative and non-cooperative members. Its cooperative members include primary cooperatives, cooperative unions, and cooperative federations, while non-cooperative members include organizations, associations, and individuals.
The Bank offers a range of banking services to retail, cooperative, institutional, and diaspora customers.
Job Summary
The Valuation Auditor is responsible for independently reviewing and auditing collateral asset valuations submitted in connection with credit facilities. The position ensures that pledged assets, including land, buildings, machinery, and vehicles, are accurately valued, properly documented, and compliant with the Bank's policies, accepted valuation standards, and regulatory requirements.
The role also helps protect the Bank against collateral overvaluation, credit exposure, and potential recovery losses.
Key Responsibilities
Review collateral valuation reports submitted for loan approval or renewal. Verify the accuracy of valuations for land, buildings, machinery, and vehicles. Assess valuation methods to ensure they are reasonable and market-based. Identify overvaluation, undervaluation, and unsupported valuation assumptions. Conduct physical inspections of pledged collateral assets. Verify the existence, condition, and usability of collateral assets. Compare actual asset conditions with submitted valuation reports. Confirm collateral ownership and location. Ensure compliance with the Bank's credit and collateral policies. Review adherence to accepted valuation standards and methodologies. Validate legal documents, including title deeds and ownership certificates. Reconcile collateral records with loan files and bank systems. Identify duplicate, missing, or improperly registered collateral. Ensure proper tagging and documentation of collateral assets. Prepare audit reports outlining findings, root causes, and recommendations. Follow up on corrective actions and report unresolved audit findings.
Required Qualifications and Experience
Education: Bachelor's Degree in Civil Engineering, Construction Engineering, or a related field. Work Experience: At least five (5) years of relevant work experience. Search Jobs
Duty Station
Head Office
Application Deadline
November 12, 2026