Become a Part of the Diverse and Inclusive Team at Woodforest National Bank

About Woodforest National Bank

Woodforest National Bank is one of the strongest banks in the nation, privately owned, and our Employee Stock Ownership Plan is the largest shareholder. We focus on building relationships and discovering opportunities to better serve our communities and understand the financial needs of every customer we serve. At Woodforest, we care and prove it by volunteering with local charities and food banks to give back to the communities we serve. By joining Woodforest, you will become a part of one of the largest employee-owned banks in the country!

Job Description

The Commercial Real Estate Review Appraiser is responsible for the engagement of third-party vendors and review of appraisal reports for the Bank’s real estate secured loans and related supporting functions. This position works to minimize risk by conducting valuation research, analysis, and providing guidance and recommendations to the lending and credit risk staff. The Commercial Real Estate Review Appraiser will be evaluating a variety of property types, including but not limited to, industrial, multi-family, office, retail shopping centers, special use, etc.

Key Responsibilities

Primary responsibility is to manage the full process of a valuation request from the procurement of the appraisal report to the completion of the review report.
Develops scope of work for soliciting appraisals bids in line with internal appraisal selection process and provides lending team with recommendations.
Maintain effective communication with engaged vendors and manage issues/field questions to maintain the integrity of the appraisal assignment.
Reviews the quality and accuracy of appraisal reports to ensure compliance with federal and state regulations, including FIRREA, Interagency Appraisal and Evaluation Guidelines, Uniform Standards of Professional Appraisal Practice (USPAP) and internal Bank policies, as well as review the reasonableness of the value conclusion (if warranted, develop an internal value conclusion).
Coordinates the resolution for any appraisal deficiencies with third party vendors and request revisions, as well as being a liaison between lending team and appraiser regarding any appraisal disputes.

Competencies Required

Strong written and oral communication skills with an ability to effectively communicate between the lending team and third-party vendors.
Proficiency with Microsoft Word, Excel, and cash flow software applications such as Argus; familiarity with appraisal order management software.
Must have a clear understanding and knowledge of USPAP and federal appraisal regulatory requirements.
Strong analytical and research skills; developed technical writing ability.
Proven ability to be self-motivated and manage multiple projects simultaneously in order to meet deadlines and quality standards.
Strong problem resolution and analytical skill; ability to make objective decisions based on analysis of data within restricted time frames.
Familiarity with environmental assessment reports is a plus.

Job

Lending

Primary Location

Texas - The Woodlands

Schedule

Full-time

Work Locations

TX - Towncenter - 0312

Unposting Date

Ongoing

Organization

Texas - Houston

Minimum Qualifications/Experience

5+ years of experience appraising and/or reviewing appraisals of various commercial property types for a financial institution required.
7+ years of experience in real estate, banking, or financial industry experience is preferred.

Formal Education & Certification

Bachelor’s degree required.
Degree in real estate, accounting, finance, business, economics, or related field preferred.
State Certification for General Real Estate Appraiser’s License required; must be in good standing with state licensing and certification board. If not already licensed in Texas, must be able to obtain.
MAI or AI-GRS designation from the Appraisal Institute or equivalent advanced education and experience is preferred.

Work Status

Full-Time.

Supervisory Responsibility

None.

Travel

Up to 10% travel is expected.

Working Conditions

Conditions vary from office to field environments. Office environment involves lifting no more than ten pounds, sitting most of the time, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.

Disclaimer

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Nothing herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Woodforest is an Equal Opportunity Employer, including Disability and Veterans.