Commercial Review Appraiser Sr

Job Summary

Aid the Chief Appraiser with Department functions as needed/directed, including maintaining compliant, prudent, and appropriate valuation practices for real estate related transactions.

Job Responsibilities

• Ensure real estate valuation reports are compliant, credible, and acceptable for bank use.
• Maintain appraisal independence.
• Procure valuations from qualified third-party vendors.
• Operate in compliance with all Federal Regulations, USPAP, and state licensing laws.

Additional Accountabilities

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
• Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications

• Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent, Bachelor’s degree in related field preferred.
• Minimum experience required: 8+ Years in appraisal, with a focus on writing/reviewing complex reports.
• State Certified General Real Estate Appraiser License.
• Demonstrated ability to read and comprehend complex commercial appraisal reports.
• Demonstrated ability to provide clear and concise communication and reports.

Preferred Qualifications

• Bachelor’s Degree in Business, Finance or Real Estate.
• Proficiency in ARGUS.
• Intermediate knowledge of Microsoft Word and Microsoft Excel.
• General working knowledge and understanding of bank activities, regulatory compliance, bank operations, and bank functions.

Job Competencies

• Understanding of commercial real estate appraisal methodologies, including income, cost, and sales comparison approaches.
• Knowledge of the Uniform Standards of Professional Appraisal Practice and its application in commercial lending.
• Familiarity with FIRREA, OCC, FDIC, and other regulatory guidelines governing real estate valuation in financial institutions.
• Ability to critically evaluate appraisal reports for credibility, compliance, and appropriateness for bank use.
• Skil in sourcing, vetting, and managing third-party appraisal vendors to ensure quality and independence.
• Strong written and verbal communication skills for interacting with internal stakeholders, vendors, and regulators.
• High level of accuracy in reviewing complex valuation documents and identifying discrepancies or non-compliance.
• Ability to uphold appraisal independence in accordance with regulatory and ethical standards.
• Capable of managing multiple assignments and deadlines in a fast-paced environment.
• Demonstrated a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights.
• Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.