Valuation Associate Jobs in Indiana (NOW HIRING)

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Build an exciting, rewarding career with us - help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

This position is located in Plainfield IN OR Cincinnati OH and will consider locations within any Duke operating location that has vacancy in the Plainfield IN/Cincinnati OH area. The exact location will be determined at the time of offer based on business needs.

Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy.

This is an entry level position within the Real Estate land rights/acquisition job family. The Real Estate Associate is responsible for negotiating and acquiring land rights (typically easements but may include other land rights transactions) needed to install, operate, and maintain the company's distribution system. The Real Estate Associate must display a fundamental understanding and develop a proficiency of land related topics and activities including without limitation: land title and records research to determine ownership and interpret existing rights; easement and other land agreement terminology; negotiation practices and strategies; review and interpretation of engineering drawings and site plans; easement/land agreement document preparation; communication with internal and external stakeholders; records recordation and retention; and computer and technology systems for mapping, indexing, and archiving land records in compliance with company policy and state law. The Real Estate Associate is responsible for standard level transactions and may be required to self-perform these real estate activities and/or engage and oversee a vendor in the performance of these activities depending on the project, jurisdiction, and/or business unit being served.

Utilize communication and negotiation skills to acquire property and property rights required by the Company, its subsidiaries, and others.

• Uses negotiating strategies to facilitate the acquisition process. Handles negotiations and tracking on projects such as DOT, municipalities, etc.

• Develop a fundamental understanding and proficiency of company policies and procedures and demonstrate the basic ability to communicate those to the public and landowners, while responding to their questions with limited assistance from Senior Real Estate Rep/Lead Real Estate Rep or Management.

• Conducts standard real estate transactions of small value or non-monetary projects.

Value/Research properties/property rights to estimate the fair market value as indicated using accepted approaches to real estate valuation.

• Research public records, interview independent real estate professionals and compiles market data for use in the valuation process.

• Analyzes market data to obtain initial value for the assigned appraisal subject.

• Research internal records for existing land right records to aid external customers and internal business partners.

Utilize working knowledge of real estate law and engineering discipline and its application to Company acquisition projects.

• Develop basic understanding of engineering drawings and legends.

• Conducts research and takes appropriate action to obtain clear title to property, e.g., interviews all parties who may have an ownership interest, coordinates requests for attorney prepared title opinions.

• Identify and assist in the resolution of defects in land titles so that at the conclusion of property acquisition, clear title is acquired.

• Advises internal business partners and assists Attorneys in legal proceedings related to eminent domain preparation and other research. Reviews Franchise Agreements, Municipal

• Charters, and other legal documents as necessary to determine company rights.

Establish and maintain effective working relationships with internal and external personnel/groups.

• Facilitates communication and coordination between internal business partners in the acquisition and disposition (release of easement) of real estate interests.

• Works closely with internal business partners and external customers to resolve right of way issues within established schedule and budget to provide timely construction of company facilities and efficient utilization of company resources.

• Interfaces with Senior Real Estate Rep/Lead Real Estate Rep and Legal Department personnel on matters relating to real estate law, property title questions, Federal Energy Regulatory Commission (FERC) related matters, and commission and/or court testimony

• Develop subject matter expertise over time in real estate to provide best practices in the protection and utilization of company assets.

• Identifies opportunities to acquire easements whenever possible to protect company assets

• Utilizes Corporate collaboration tools and Work Management System to track and manage work.

Provide oversight for Vendor managed projects.

• Define and communicate project scope and track vendor progress to ensure project milestones are met.

• Manage risks assess and mitigate risks Vendor may uncover from property owners and then elevate these to management.

• Act as point of contact for vendor related questions.

• Review invoices for accuracy.

Remain abreast of current best practices, regulations, and laws relating to all Real Estate functions.

• Research professional journals and publications.

• Reviews information disseminated by Legal and Tax Departments, State Boards, etc., on changes to various real estate, tax, safety, and environmental laws and codes and ensures compliance by subordinates.

• Stays abreast of current real estate market conditions through interface with various local, regional, and national real estate professionals, e.g., appraisers, attorneys, negotiators, brokers, other real estate managers outside of Duke Energy.

• Stays in touch with issues from the International Right-of-Way Association

• Participates in professional organizations and associations (e.g. IRWA, SGA, SEE)

• Bachelor's degree in Business, Real Estate or Other Related Degree + No Related Work Experience OR

• Associate's Degree in Business or Other Related Degree + 2 years Related Work Experience OR

• In Lieu of a Degree: High School/GED + 4 years Related Work Experience

• Valid Driver's License

• Notary within 6 months of hire

Note: This posting is for one position. Dependent on relevant experience, the level to which a candidate is aligned is outlined below.

• Bachelor's degree in Business, Real Estate or other related degree + 2 yrs. related work experience, OR

• Associate's Degree in Business, Real Estate or other related degree + 4 yrs. related work experience, if no BS, OR

• 6 yrs of work experience in lieu of a degree + HS/GED

• Valid Driver's License

• Notary within 6 months of hire

Desired Qualifications

• Notary Public and/or North Carolina Real Estate License and/or SC Real Estate Sales

• Notary Public

• Experience with Microsoft Office Suite

• Preferred Soft Skills: Highly Organized, self-motivated, critical/problem solving, strong written and verbal communications

• Remote office

• Occasional driving

• Field Mobility Classification - work will primarily be performed remotely with occasional onsite meetings after the onboarding period. Employee should live within a reasonable commute to the posted reporting location.

• This position is located in Plainfield IN OR Cincinnati OH and will consider locations within any Duke operating location that has vacancy in the Plainfield IN/Cincinnati OH area. The exact location will be determined at the time of offer based on business needs.

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