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EliteSan Diego, CA, US
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The main purpose of this job is to participate in-depth underwriting discussions with lenders and senior credit management regarding real estate taken as collateral. This role experiences high volumes of production and is held to a variety of service level agreements to ensure our sales force holds a competitive advantage in the market place.
Essential Functions
Bid, order, and review commercial real estate appraisals on commercial and residential loans
Review complex appraisals to ensure regulatory and bank policy compliance acceptability of methodology, and mitigate real estate value risks
Render opinions on the quality and reliability of new and existing file appraisals per policy guidelines and provide opinions as to the quality and marketability of loan collateral
Support in maintaining bank databases on property transactions and trends
Assist in underwriting environmental due diligence for commercial loans
Ensure compliance with regulatory requirements and bank policy
Partner with lenders and credit managers in order to provide high-quality consultation for informed and prudent loan decisions
Assist and support Appraisal Review Group department manager and Chief Appraiser as needed
May provide leadership to less experienced real estate associates in the workgroup
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Comprehensive knowledge of commercial real estate appraisal practices and techniques
Knowledge of bank regulatory requirements strongly preferred
Familiarity with environmental risks, regulations and site assessment reports preferred
Ability to maintain a high level of confidentiality
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel, Teams and Outlook
Education & Experience
Bachelor's degree in Business, Accounting, or Finance, or equivalent combination of education and experience required
7+ years' experience in the valuation of commercial real estate required
State General Appraiser Certification required (MO, KS, IL, TX, or CO preferred)
Prior bank appraisal review experience strongly preferred
Member Appraisal Institute (MAI), real estate designations, or Appraisal Institute Advanced Associate (AIAA) with all coursework completed preferred
Compensation Range Annual Salary : $80,000.00 - $94,500.00 (Amount based on relevant experience, skills, and competencies.)