Sr. Commercial Review Appraiser

What is the Opportunity?

The Commercial Real Estate Review Appraiser is responsible for the engagement of third‑party vendors and review of appraisal reports for the Bank's real estate secured loans and related supporting functions. This position works to minimize risk by conducting valuation research, analysis and providing guidance and recommendations to the lending and credit risk staff. The Commercial Real Estate Review Appraiser will evaluate a variety of property types, including industrial, multi‑family, office, retail shopping centers, special use and others.

• Manage the full process of a valuation request from procurement of the appraisal report to the completion of the review report.
• Develop scope of work for soliciting appraisals bids in line with internal appraisal selection process and provide lending team with recommendations.
• Maintain effective communication with engaged vendors and manage issues/field questions to maintain the integrity of the appraisal assignment.
• Review the quality and accuracy of appraisal reports to ensure compliance with federal and state regulations, including FIRREA, Interagency Appraisal and Evaluation Guidelines, Uniform Standards of Professional Appraisal Practice (USPAP) and internal Bank policies, and review the reasonableness of the value conclusion.
• Coordinate resolution for any appraisal deficiencies with third‑party vendors and request revisions, and act as liaison between lending team and appraiser regarding any appraisal disputes.
• Monitor regulatory standards and industry guidelines for any changes that impact the real estate valuation process; assist with updating related internal policies, procedural manuals and research libraries.
• Apply knowledge of local market trends, economic and industry changes to ascertain the accuracy and quality of appraisal reports under review.
• May complete internal real estate market evaluations on commercial or residential properties where an appraisal report is not required.
• Provide support to the department on additional responsibilities as directed.

• Bachelor’s Degree or equivalent.
• Minimum 7 years of experience appraising and/or reviewing appraisals of various commercial property types for a financial institution.
• Minimum 5 years of experience in real estate, banking or financial industry.
• Property/Real Estate Management or Certified Real Estate Appraiser.

• Strong written and oral communication skills with the ability to effectively communicate between the lending team and third‑party vendors.
• Proficiency with Microsoft Word, Excel and cash flow software such as Argus; familiarity with appraisal order management software.
• Clear understanding and knowledge of USPAP and federal appraisal regulatory requirements.
• Strong analytical and research skills; developed technical writing ability.
• Proven self‑motivation and ability to manage multiple projects simultaneously to meet deadlines and quality standards.
• Strong problem‑resolution and analytical skill; ability to make objective decisions based on analysis of data within restricted time frames.
• Familiarity with environmental assessment reports is a plus.

Starting base salary: $70,000 – $130,000 per year. Exact compensation may vary based on skills, experience, and location. This position is eligible for bonus and/or commissions.

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career development through tuition reimbursement and other internal upskilling and training resources.
• Valued time away benefits including vacation, sick and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs.
• Career mobility support from a dedicated recruitment team.
• Colleague resource groups to support networking and community engagement.

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