Comm Appraisal Services Conslt.
Bank of America · Chicago, IL · Yesterday
OTHRFull-time
Responsibilities
- Orders and reviews appraisals and evaluations used for commercial real estate lending
- Provides appraisal and consulting services to all lines of business and transaction-specific professional guidance
- Scopes requests for services, bids, and executes award processes
- Manages external suppliers and appraisal review processes
- May provide client team training, manage procurement or review teams, and/or manage external reviewers
- Evaluates valuation requests for policy/regulatory compliance
- Selects prequalified vendors and distributes Request for Proposals (RFPs)
- Executes award processes and monitors vendor performance
- Reviews reports for contract compliance and grades performance
- Performs quality assurance reviews
- Preprocesses and validates invoices
- Resolves first-level business and vendor disputes (e.g., vendor selection, utilization frequency, invoicing, etc.)
Requirements
- Active State-Certified General Real Estate Appraisal Credential
- 5+ years commercial real estate appraisal experience
- Intermediate proficiency in the use of Argus and/or Rockport Val, Microsoft Excel
- Basic proficiency in Microsoft Word
- 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 both experts and laypeople
- Able to work independently in a remote setting
- Commercial appraisal review experience for federally-regulated banking institutions or equivalent
- Able to adapt to new technologies and changes in recognized valuation methods and techniques
Desired Skills
- 2+ years commercial appraisal review experience for federally regulated banking institutions or equivalent
- MAI designation
- Bachelor’s degree (financial degree or equivalent)