INDUSTRIAL COMMERCIAL VALUATIONS SENIOR ANALYST I - Assessor's Office

Cook County•Chicago, IL

9d•Hybrid

About The Position

The Industrial and Commercial (I/C) Valuations Senior Analyst I is responsible for determining the assessed values of industrial and commercial properties in Cook County and analyzing appeals and certificates of error related to the valuation of those properties. This role specializes in both initial and appeal valuation processes for all I/C property classifications, along with verifying the accuracy of I/C Junior Analysts’ work. The Senior Analyst I also provides guidance and technical instructions to new I/C Junior Analysts and performs tasks in a uniform and timely manner to meet assessment deadlines.

Requirements

Bachelor’s degree or higher from an accredited college or university.
Two (2) years of full-time work experience in finance, real estate brokerage, property taxation, assessment administration, or real estate appraisal valuation of industrial and commercial properties.
OR Current employee of the Cook County Assessor’s Office.
High school diploma or GED certificate.
Four (4) years of full-time work experience in property taxation, assessment administration, real estate appraisal valuation, or a related field.

Nice To Haves

Bachelor’s degree or higher in Finance, Real Estate, Business Administration, or a related field.
Two (2) years or more experience in property taxation, assessment administration, or real estate appraisal or valuation of industrial and commercial properties.
Property valuation modeling experience.
Proficiency with Microsoft Excel.
Successful completion of at least one of the following IAAO courses: IAAO Course 102: Income Approach to Valuation, IAAO Course 112: Income Approach to Valuation II, IAAO Course 311: Real Property Modeling Concepts.
Knowledge of CCAO operations, function, activities and the property tax system, as well as a thorough knowledge of CCAO’s procedures, policies, guidelines and other applicable rules and regulations related to valuation of real property.
Knowledge of the assessment cycle, assessment valuation standards, practices and techniques, and the three approaches to valuation.
Extensive understanding of assigned Industrial and Commercial property classes.
Ability to meet CCAO and departmental deadlines, production goals and effectively utilize time with limited oversight.
Ability to adjust to new techniques and procedures.
Ability to converse knowledgeably and communicate effectively, both orally and in writing.
Ability to work with others; excellent interpersonal skills in dealing with co-workers.
Ability to coordinate and carry out instructions.
SQL reporting skills.
Excellent Microsoft Office skills, including Microsoft Access.
Experience in using Geographic Information Systems (GIS) applications.
Must be computer literate, with skills and efficiency in entering and retrieving data, and have the ability to work with CCAO systems and databases, CoStar and other types of real estate data platforms used to assess Industrial and Commercial property.

Responsibilities

Collect, analyze and evaluate data, utilizing mass appraisal methodology, to determine the assessed value of industrial and commercial property.
Review various valuation related reports and make necessary value changes and corrections to property values.
Ensure that industrial and commercial property is fairly and uniformly assessed, by making analytical decisions, and applying appropriate rules, regulations, policies and other guidelines.
Review data and information in the analysis, review, and processing of applications for assessment appeal and certificates of error.
Research and use information submitted on behalf of the taxpayer and data collected from third-party data platforms, the CCAO systems and databases, and other office technology to make valuation determinations and assessment decisions.
Specialize in both the valuation and appeal processes for assigned industrial and commercial property classifications and verify the accuracy of individual assessment results and the work completed by the Junior I/C Analysts in the group, prior to further internal review.
Work with and collaborate with the CCAO Valuation Research Department and Legal Department to facilitate and complete any data requests regarding BOR appeals.
Review assessed values and appeal results for assigned classifications for uniform analysis and overall correctness.
Ensure designated assignments are completed to meet assessment cycle deadlines.
Serve as a resource to I/C Junior Analysts by establishing and implementing goals and objectives in daily operations, as directed by management.
Interpret and apply CCAO policies.
May work extended hours or weekends, as assigned.
Perform other duties and assignments, as required, to achieve the overall goals of the Valuations Department.