Summary
The Senior Commercial Review Appraiser is responsible for ordering real estate appraisals and environmental reports, monitoring the receipt of those reports and completing reviews of those reports pursuant to bank policy and regulatory requirements. With the MAI or AI-GRS designation, the Senior Review Appraiser may complete technical reviews on complex Commercial and Residential properties. The Senior Review Appraiser will also validate existing appraisals pursuant to regulatory requirements.
Specific Job Functions.
- Manage the bidding and engagement of commercial and residential appraisal assignments. This includes reviewing appraisal service requests for completeness, accurately setting requests for proposals (RFP’s), soliciting and collecting bids from qualified fee appraisers, and engaging appraisers.
- Review complex appraisal reports to verify compliance with accepted professional appraisal standards and the reporting guidelines of the Uniform Standards of Professional Appraisal Practice from The Appraisal Foundation.
- Perform technical reviews of complex commercial and residential appraisal reports in accordance with USPAP Standards 3 and 4.
- Perform administrative reviews of non-complex and complex commercial and residential appraisal reports as required by Bank policy.
- Complete appraisal validations as allowed by bank policy.
- Order and review environmental site assessments.
- Collaborate with the Appraisal Manager regarding the maintenance and expansion of the approved appraisers list.
- Establish a strong working relationship with all internal and external customers to provide an efficient and effective appraisal process.
- Other duties, as requested.
Minimum Job Requirements
- Bachelor's degree in Finance, Accounting or related field is required.
- Eight (8) – Ten (10) years’ experience as a commercial real estate appraiser is required.
- Certified General Real Estate Appraiser License in Texas or other applicable state is required.
- MAI or AI-GRS Designation is preferred.
- Strong understanding of commercial property valuation methodologies and the ability to translate market data and valuation calculations in appraisal reports.
- Working knowledge of Louisiana and Texas commercial real estate markets.
- Experience with RIMS/ExactBid is preferred.
- Excellent written and verbal communication skills.
- Ability to prioritize, multi-task, and at times work under stringent deadlines.
- Demonstrated development skills in Microsoft Office, particularly Microsoft Word, Excel, and Office 365.
Equal Opportunity Employer/Veterans/Disabled