Senior Real Estate AppraiserCommerce Bank • Milwaukee, WI, US
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Senior Real Estate Appraiser
Commerce Bank • Milwaukee, WI, US
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job_description.job_card.job_descriptionComprehensive 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 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
Senior Real Estate Appraiser
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
Education & Experience
Compensation Range Annual Salary : $80,000.00 - $94,500.00 (Amount based on relevant experience, skills, and competencies.)
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Senior Appraiser • Milwaukee, WI, US
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