Appraisal Review Analyst

Job Description

Job Description

Description

The Appraisal Review Analyst is responsible for reviewing and analyzing real estate appraisals to ensure accuracy, completeness, and compliance with company policies, industry standards, and regulations. This role involves identifying and resolving discrepancies, performing quality control, and verifying the accuracy of property descriptions and valuation methods. The analyst will also provide detailed documentation and feedback, collaborate with teams to resolve quality issues, and maintain thorough records of all appraisals reviewed.

Appraisal Review

• Review and analyze real estate appraisal for accuracy, completeness, reasonableness, and credibility.
• Confirm appraisals comply with company policies, industry standards, and regulations.  
• Identify discrepancies, inconsistencies, or errors in appraisal reports and work with AMCs to resolve issues.
• Perform quality control on appraisals by reviewing use of comparable properties and valuation methods.
• Verify the appraisal provides an adequate description for property type, condition, location, externalities, and market trends.

Documentation & Issue Resolution

• Provide detailed documentation and feedback results of collateral review including potential risk issues, quality of appraisal, and justifications for approval or rejection.
• Collaborate with review manager to resolve any discrepancies or quality issues identified in appraisal reports.

  Record Maintenance & Industry Compliance

• Complete audits of completed reports for compliance, AMC performance, or Internal procedures.
• Maintain detailed records of all appraisals reviewed to document results and communications.
• Stay current on industry regulations, market trends, and changes to guidelines.

• Bachelor's degree in real estate, finance, or a related field
• Minimum of 5-8 years of experience in real estate appraisal or appraisal review that includes field experience
• Strong experience performing residential appraisal reviews, collateral underwriting, correspondent and wholesale lending reviews, quality control reviews, REO, foreclosure, short sale, investor claims, and forensic review assignments. Demonstrated knowledge of appraisal standards, valuation analysis, and collateral risk assessment required.
• Possession of an active Real Estate Appraisal License is preferred and will be considered a strong asset.
• Strong analytical and research skills
• Excellent written and verbal communication skills
• Attention to detail and ability to work independently
• Ability to handle multiple assignments and meet deadlines
• Comfort presenting and defending analysis decisions
• Fluency with Microsoft products including Word and Excel.

Key Competencies: 

• Appraisal & Collateral Analysis: Demonstrates strong expertise in residential appraisal review, valuation methodologies, and collateral risk assessment 
• Regulatory & Compliance Knowledge: Ensures appraisals comply with company policies, industry standards, and applicable regulatory requirements 
• Analytical Thinking: Evaluates complex appraisal reports, market data, and comparable sales to identify discrepancies and assess credibility 
• Attention to Detail: Thoroughly reviews appraisal reports for accuracy, completeness, consistency, and quality control standards 
• Risk Identification & Decision Making: Identifies collateral risks, valuation concerns, and quality issues while providing well-supported recommendations 
• Communication & Documentation: Clearly documents findings, communicates review results, and effectively collaborates with appraisal management companies and internal stakeholders 

How This Role Demonstrates Our Values: 

• Integrity: Applies objective analysis and consistent review standards to ensure accurate and compliant collateral assessments 
• Collaboration: Partners with review management, appraisal vendors, and internal teams to resolve issues and maintain appraisal quality 
• Excellence: Delivers thorough, accurate, and timely appraisal reviews that support sound lending decisions 
• Critical Curiosity: Continuously evaluates market trends, valuation methodologies, and emerging industry changes to strengthen collateral risk management and review processes

• Competitive compensation package, including base salary and performance-based bonus opportunities
• 401(k) plan with 100% company match up to 4%
• Comprehensive health coverage: medical, dental, vision, HSA, and FSA options
• Generous paid time off: 20 days PTO, company holidays, and sick time
• Paid parental leave
• Company-paid life insurance and disability coverage
• Employee Assistance Program (EAP): mental health, financial, and wellness support
• Professional development: tuition reimbursement and growth opportunities
• Commuter and transit benefits

Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship.

All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties.

Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.