Commercial Real Estate Appraisal Officer II

Job Purpose And Scope

Manages a pipeline of moderately complex valuation projects across all property types. In this role, you will scope valuation projects, engage external appraisers, and review appraisal reports to ensure our originations and special asset management teams have credible valuation reports and reliable collateral values for decision-making purposes.

Essential Job Functions

• Communicates with originations and credit personnel to understand the financing request and collateral property characteristics for appraisal scoping purposes.
• Consults with first line personnel and develops solutions to appraisal problems.
• Identifies qualified professionals from the appraiser panel to bid, award, and track appraisal projects through the Real Estate Information Management System (RIMS).
• Manages the appraiser engagement process and collaborates with the commercial appraisal coordinator to ensure contracted appraisers have received all required property information.
• Performs reviews on moderately complex appraisal projects to determine the credibility of the appraisal report and the reliability of the appraiser's market value opinions.
• Completes or reviews property evaluations and validations as needed.
• Ensures appraisal reports comply with internal policies and procedures, engagement letter terms, and federal and state regulatory requirements including, but not limited to, USPAP and FIRREA.
• Gathers and analyzes market data and trends that are relevant to appraisal engagements.
• Provides insight and technical interpretations of real estate market conditions and appraisal theory to commercial real estate lending teams.
• Mentors first and second line personnel in Bank appraisal policies, procedures, and practices.
• Exercises discretion and judgment in the performance of essential job functions.
• Maintains good punctuality and attendance to work.
• Follows Bank policy, procedures, and guidelines.

Knowledge, Skills & Abilities

Basic Qualifications

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note : This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

EEO Statement

Bank OZK is an equal opportunity employer and give consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.