Senior Appraisal Review Officer - 1st

Job Description

Job Description

Location: Cincinnati, OH
Employment Type: 1st Shift, Full-time, Direct hire

Job Brief
Kable Workforce Solutions is hiring a Senior Appraisal Review Officer for our client. This job is responsible for review commercial appraisal and evaluation reports, ensure compliance with regulatory and industry standards, and manage the valuation process from engagement through review.

What’s a Typical Day Like?

• Perform reviews of appraisal and evaluation reports for all property types and value levels to ensure that market values developed for financially related transactions are reasonably supported, credible and compliant with federal and state regulations, USPAP, FIRREA, bank appraisal policies/procedures, and industry standards.
• Manage the valuation process effectively from end to end, including engagement and communication with vendors to ensure timely delivery of the report; as well as, to resolve discrepancies and obtain revisions as needed, and acting as liaison for all communication between vendors and the bank.
• Responsible for assisting management and team accomplish department goals.
• Achieve and maintain a satisfactory level of department turn-around times, per the department’s service level agreement with the lines of business.
• Responsible for adhering to SOX controls for appraisals and, along with management, meet with various bank executives and lines of business leadership in Sales, Credit, Compliance, Legal, Credit Risk, Audit and federal examiners as may be applicable.
• Assist and train other team members and provide support in the review process.
• Assist with development and implementation of departmental procedures.
• Assist with drafting standards for Credit Policy relative to appraisals as required per Inter Agency Guidelines

What Are the Requirements of the Job?

• General (commercial) appraisal certification.
• Bachelor’s degree (B.A.); or equivalent combination of education and experience.
• Ten years’ experience with commercial property appraisal, commercial property appraisal review, commercial collateral underwriting, and/or commercial property analysis and market conditions.
• Professional Designation or advanced candidate for designation by an appraisal organization (AI, NAIFA, ASA, RICS, etc.)
• Appraisal or review experience with a variety of property types. Experience with complex and specialty property types is preferred (LIHTC, health care, hotel, special use, etc.).
• Read and communicate findings of Environmental Assessment reports to ensure adherence with bank environmental policies/procedures.
• Define problems, collect data, establish facts, and draw valid conclusions.
• Identify and elevate critical issues in a timely manner.
• Adapt to frequent policy/process changes.
• Learn quickly and independently.
• Compliance with support of bank’s strategic initiatives.
• Multi state active commercial licenses or willingness to obtain
• Ten years field experience with complex commercial property types ( LIHTC, Specialty use Investment CRE, Ag, HealthCare, …)
• Field experience with residential valuations.
• Experience with YouConnect/Glances (or another similar appraisal management platform).
• Leadership & Supervisory experience.
• Proficient with technology to investigate/implement enhancements to systems in use.
• Prior review experience or experience with a lending institution.
• Knowledge of federal regulatory requirements.
• Knowledge of Agency/Partnership requirements (FNMA, FHLMC, SBA, Farmer Mac, etc.).
• Proficient in technical writing to assist with development or update of department process/procedures and job aids, as well as ability to lead and present same to department.
• Manage the valuation process from end to end (from engagement through review) for the highest value and most complex properties.
• Perform independent analysis to provide own value indication, as warranted.
• Works independently to draw valid conclusions related to compliance and reasonableness of the analysis and value conclusions. Follows established guidelines and requires minimal supervision or guidance.
• Uses subject matter expertise to advise others.
• Defines scope parameters and identifies appropriate vendors for engagement of valuation and environmental services.
• May on rare occasion for bank provide own opinion of value in state with active license.
• Contribute to the development of department staff in a mentorship capacity.
• Provide oversight and aid to department staff, as needed.
• Assist with quality control of internal staff reviews and file documentation.
• Identify, implement and/or support process improvements and opportunities for efficiency.
• Occasionally lifts and carries up to 20 lbs.
• Occasionally stands and walks.
• Frequently sits.
• Must be able to work on a computer most of the day.
• Attend real estate appraisal courses and seminars to continually advance job competency and to obtain/maintain applicable credentials.
• Continual development of relevant market knowledge and real estate trends.
• Ability to learn and perform the administrative tasks relevant to the appraisal review process.
• Ability to learn with various tools including written procedures, verbal instruction, webinar videos

How to Apply  And Next Steps?
Please submit your resume in our application by clicking “apply now.” We look forward to reviewing your application and you will hear from us within 1 business day.

About Kable Workforce Solutions
For over 50 years, Kable Workforce Solutions