Comm Appraisal Services Conslt.
Job Description
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
Specific Responsibilities
- Scoping requests for services
- Bidding process
- Award process
- Managing external suppliers
- Appraisal and consulting services
- Providing transaction-specific professional guidance
Additional Responsibilities
- Client team training
- Supervisory responsibilities, including management of procurement or review teams
- Management of external reviewers
Evaluates Valuation Requests
- Develops vendor statements of work for each order
- Selects prequalified vendors and distributes RFPs
- Executes award and monitors vendor performance
- Reviews reports for contract compliance; grades performance
- Performs quality assurance (detailed) reviews
Invoice Preprocessing and Validation
- 1st-level business and vendor dispute resolution (e.g., vendor selection, utilization frequency, invoicing, etc.)
Required Skills
- Active State-Certified General Real Estate Appraisal Credential
- 5+ years commercial real estate appraisal experience
- Intermediate proficiency in the use of the following software applications: Argus and/or Rockport Val, (cash flow software), Microsoft Excel (spreadsheet)
- Basic proficiency in other department programs including: Microsoft Word (word processing)
- An in-depth working knowledge of valuation theory and methodology for commercial and residential appraisals
- Able to write concise technical opinions in language comprehensible to expert and layman alike
- Able to work independently in a remote setting
- Commercial appraisal review experience for federally-regulated banking institution or equivalent
- Able to adapt to new technology and changes to recognized valuation methods and techniques
Desired Skills
- 2+ years commercial appraisal review experience for federally regulated banking institution or equivalent
- MAI designation
- Bachelor’s degree (financial degree or equivalent)
Shift
1st shift (United States of America)
Hours Per Week
40