Senior Commercial Appraiser
Job Description
Senior Commercial Appraiser
Supports the Bank’s Commercial Appraisal Manager in the commissioning and review process, whose purpose is to ensure that appraisals are independently commissioned from competent appraisers, appraisals are completed in compliance with all applicable laws and regulations, value conclusions are appropriate and fully supported, and the Bank has sufficient third party appraisal resources available to allow for timely turnaround of loan transactions.
- Commissions new appraisals supporting commercial loan transactions.
- Fields questions from fee appraisers and clarifies Bank requirements.
- Researches issues
- Discusses with account officer and Commercial Appraisal Manager as needed and determine course of action based on policy requirements
- Negotiates the fee structures with appraisal firms.
- Reviews commercial appraisals in-line with bank policy
- Exercises independent decision-making authority in the resolution of appraisal issues.
Education/Training:
BS or BA degree in Business or a related field along with specialized education in commercial property appraisal theory and application; licensed as a state certified appraiser in New York and/or Pennsylvania. All applicants must be 18 years of age or older.
Skills:
Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; a thorough knowledge of appraisal theory relative to all types of commercial real estate; demonstrated project management skills; and, personal computer proficiency including an intermediate knowledge of Microsoft Word & Excel.
Experience:
Minimum 2 – 3 years of experience completing a wide variety of commercial appraisal and appraisal review assignments. In-depth knowledge of USPAP is required and solid experience dealing with complex appraisal assignments is a plus. Prior commercial real estate lending experience helpful, but not required; however, a sound working knowledge of issues inherent in commercial real estate lending must be demonstrated.
Compensation:
Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!