Commercial Real Estate Valuation Specialist

Commercial Real Estate Valuation Specialist Job Locations: Lake Elmo, MN; Deerfield, IL; Chicago, IL; Arden Hills, MN Category/Function: Lending/Commercial/Consumer/Credit Position Type: Regular Full-Time Requisition ID: 2026-20015 Workplace Type: On Site Overview Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. We thrive on helping our clients achieve their goals and dreams and are committed to social responsibility through volunteering and charitable giving. We continually seek highly motivated and talented individuals. In return, we offer competitive compensation, including salary and incentive programs, and a comprehensive benefits suite: medical, dental, vision, 401(k), continuing education opportunities, and an employee assistance program. We also offer Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. Responsibilities A Commercial Real Estate Valuation Specialist’s primary responsibility is to review commercial real estate appraisals and produce restricted appraisals (internal evaluations) in conformance with USPAP Standards 3 and 4, and with Restricted appraisal reports conforming to Standards 1 and 2. Key Accountabilities 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 internal evaluations or restricted appraisal reports in compliance with USPAP Standards 1 and 2 and federal regulations. Understand various property types and classes. 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. Key Competencies for Position Culture Leadership: Communication – effectively shares information and ideas, tailors delivery to audience, and responds to internal and external clients, vendors, and others in a timely manner. Execution Leadership: Technical Knowledge – possesses required technical knowledge and industry standards; continuously learns to adopt new trends or expertise. Problem Solving / Decision Making – identifies issues, gathers relevant information, and makes sound decisions with limited oversight. Drive and Execution – committed to achieving and exceeding established goals, overcoming obstacles, and continuously improving performance. Client Leadership: Puts the client at the forefront, seeks first‑hand client information and perspective, and builds long‑term relationships. Qualifications and Education Requirements Five years of overall experience in commercial/residential real estate (preferred). Associate’s degree in a business‑related field or equivalent work experience. Highly detail oriented, thorough, and able to think critically with limited oversight. Excellent time and project management skills. Strong organization skills. Refined verbal and written communication skills. Ability to meet strict deadlines. Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability, sexual orientation, gender identity, or any other characteristic protected by law. #J-18808-Ljbffr