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1 hour ago
Full-time
On-site
Addis Ababa, Ethiopia
Banking & Finance Jobs in Ethiopia, Engineering Jobs in Ethiopia

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.

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.

Duty Station

Head Office

Application Deadline

November 12, 2026

How to Apply

Interested and qualified applicants should submit their applications through the official Cooperative Bank of Oromia recruitment platform using the link below.

🔗 Apply Here – Cooperative Bank of Oromia

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