Senior Appraisal Review Officer

Responsibilities

• Perform reviews of appraisal and evaluation reports for all property types and value levels to ensure that market values developed for financially related transactions are reasonably supported, credible and compliant with federal and state regulations, USPAP, FIRREA, bank appraisal policies/procedures, and industry standards.
• Manage the valuation process effectively from end to end, including engagement and communication with vendors to ensure timely delivery of the report; resolve discrepancies and obtain revisions as needed, acting as liaison for all communication between vendors and the bank.
• Assist management and the team in accomplishing department goals.
• Achieve and maintain a satisfactory level of department turn‑around times, per the department’s service level agreement with the lines of business.
• Adhere to SOX controls for appraisals and, together with management, meet with various bank executives and lines of business leadership in Sales, Credit, Compliance, Legal, Credit Risk, Audit and federal examiners as applicable.
• Assist and train other team members and provide support in the review process.
• Assist with development and implementation of departmental procedures.
• Assist with drafting standards for Credit Policy relative to appraisals as required by Inter‑Agency Guidelines.

• General (commercial) appraisal certification.
• Bachelor’s degree (B.A.); or equivalent combination of education and experience.
• Ten years’ experience with commercial property appraisal, appraisal review, commercial collateral underwriting, and/or commercial property analysis and market conditions.
• Professional designation or advanced candidate for designation by an appraisal organization (AI, NAIFA, ASA, RICS, etc.).
• Appraisal or review experience with a variety of property types.
• Experience with complex and specialty property types preferred (LIHTC, health care, hotel, special use, etc.).
• Read and communicate findings of environmental assessment reports to ensure adherence to bank environmental policies and procedures.
• Define problems, collect data, establish facts, and draw valid conclusions.
• Identify and elevate critical issues in a timely manner.
• Adapt to frequent policy and process changes.
• Learn quickly and independently.
• Compliance with support of the bank’s strategic initiatives.