Commercial Appraisal & Valuations Specialist

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

The Commercial Appraisal & Valuations Specialist is primarily responsible for the full life cycle management of the commercial valuation process. This includes order origination (in coordination with valuation coordinator staff) and in-depth review of commercial appraisals in support of lending activities across most major US metropolitan areas, with a focus on multifamily construction and residential subdivision/tract development property types. This position requires a high degree of competency in the review of complex/high risk property types, including an in-depth understanding of valuation risk management best practices and familiarity with lending and credit risk processes.

• Help perform market research and risk analysis of commercial real estate at the loan preflight stage.
• Analyze loan and property information to determine appropriate valuation scope of work.
• Review exhibits and supporting materials to assess the adequacy of information in support of valuation assignments in the context of the credit action. Follow-up on information requests as needed with lending and support staff.
• Monitor appraisal orders to ensure on-time delivery, as well as follow-up on new exhibits and/or scope of work revisions with appraisers and lending staff.
• Perform USPAP compliant commercial appraisal reviews in support of lending and loan monitoring activities, including meaningful risk analysis of the collateral property and market area.
• Support the approved appraiser vendor management process, including the identification of talent and proactive effort to foster good working relationships with approved appraisers to ensure exceptional service and quality.
• Support a positive and collaborative working environment, with flexibility and willingness to participate in process improvements and strategic growth initiatives.
• Elevate issues or concerns in a timely manner to department management.
• Other duties may be assigned.

• Bachelor’s degree in business or related area strongly preferred.
• Hold an active Certified General Real Estate Appraiser License.
• Possess a minimum of 10 years of relevant commercial appraisal experience, with at least 2 years of valuation experience within a banking-related industry.
• Valuation experience must include multifamily construction and residential subdivision/tract development property types.
• Must be a highly organized individual with the ability to multi-task, work successfully under pressure, and effectively manage time and workload.
• Have experience in working with appraisal management systems.
• Proficiency in all Microsoft Office products.
• Excellent verbal and written communication skills.
• A true self-starter capable of accomplishing complicated tasks with limited supervision.

• Strong interpersonal and communication skills with exceptional follow-through abilities
• Strong business acumen
• Adapts to change easily in a fast-working environment
• Follows direction easily

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties as necessary.

By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on-site.

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.