07/08/2025
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Ridgewood Savings Bank

Commercial Review Appraiser

Lake Success, New York Appraisal Reviewer Full-Time In-Office $95,000 - $120,000 per year

Job Description

We Have an Exciting Opportunity to Join Our Appraisals Team! This Position Will Assist the Appraisal Department in All Aspects of Reviewing Third-Party Appraisals to Determine a Credible and Reasonable Opinion of the Market Value of Commercial Real Estate to Assist in the Mortgage Lending Process. Qualified Candidates Must Have a Minimum of 5+ Years of Experience and a Bachelor's Degree Is Preferred. New York State General Appraiser Certification License (Current and in Good Standing) Is Required. Estimated Starting Salary Is $95,000-$120,000 Per Year.

Job Qualifications:

  • Minimum 5+ Years of Recent Experience Appraising and/or Reviewing Complex Multifamily Residential, Mixed-Use, and/or Commercial Properties.
  • Bachelor's Degree in Accounting, Finance, Economics, or Related Field Preferred.
  • Ability to Communicate Clearly and Concisely in Both Written and Verbal Form.
  • Ability to Solve Problems Involving Multiple Facets of Variables in Non-Standardized Situations.
  • New York State General Appraiser Certification License (Current and in Good Standing) Is Required.
  • Software Proficiency in Microsoft Office Suite, Including Outlook.
  • Knowledgeable, Experienced, and Familiar with Various Property Types, Including Office, Retail, Multifamily, and Cooperatives Throughout the New York Metropolitan Area.
  • Good Organizational and Management Skills and Ability to Work Independently.
  • Knowledge of Commonly Used Real Estate Database Sources Includes RealQuest, Comps Inc., CoStar, and Multiple Listing Service.

Duties and Responsibilities Include:

  • Conduct Thorough Reviews and Analyses of Completed Appraisal Reports of Income-Producing Properties, Including Multifamily, Office, Mixed-Use, and Retail.
  • Ensure That Valuations Are Reasonably Supported, Credible, and Compliant with Federal and State Regulations, USPAP (Uniform Standards of Professional Appraisal Practice), FIRREA, Bank Policies and Guidelines, and Industry Standards.
  • Opine on the Overall Reasonableness and Reliability of the Appraisal Reports Received.
  • Review, Analyze, Render, and Communicate Decisions Regarding the Acceptance of Appraisals Performed by Third-Party Vendors.
  • Complete Internal Appraisal Assignments for Use in Loan Underwriting Decisions.
  • Engage in Regular Communication with and Serve as an Advisor to Loan Officers and Executive Management on Appraisal and Real Estate Valuation Matters.
  • Conduct Property Site Inspections, as Needed.
  • Perform Other Duties of the Bank and Department, Which May Be Required from Time to Time.