Commercial Appraisal Valuation Officer
Old National Bank · Louisville, KY · 3 mo ago
Management$80k–$165k/yrFull-time
Responsibilities
- Review Commercial Appraisal Reports: Complete appraisal reviews in compliance with USPAP Standards 3 and 4 while recognizing appropriate appraisal methodology and techniques
- Opine on the completeness, accuracy, adequacy, relevance and reasonableness of appraisals
- Understand industry nuances between property types and knowledge across asset classes
- Complete Internal Evaluations (Restricted Appraisal Reports): Complete restricted appraisal reports in compliance with USPAP Standards 1 and 2
- Review and analyze all current documentation relevant to the appraisal process including leases, operating history, contracts, easements, surveys, etc.
- Recognize and apply appropriate appraisal methodology and techniques
- Provide Real Estate Consultation And Manage Internal Client Relationships
- Consult with internal clients on real estate appraisal methodology and techniques
- Provide guidance related to the IAEGs, USPAP and ONB Guidelines and Procedures
- Operate independently and solve problems using independent judgement/discretion with limited oversight
- Provide clear and concise communications to vendors and internal clients
- Continue Education And Maintain Required Licensure
- Maintain appropriate real estate licensure within ONB’s traditional footprint
- Enhance knowledge through continuing education; particularly, on relevant and emerging real estate topics
- Pursue educational opportunities as part of a professional development plan
Qualifications And Education Requirements
- Active Certified General Appraisal License
- Five-years of overall experience in commercial/residential real estate appraisal work
- Bachelor’s degree in business, finance or related discipline, or equivalent demonstrated work experience
- Master’s degree in real estate related discipline or professional real estate designation preferred