Commercial Review Appraiser Senior at City National Bank in Boise, Idaho, United States Job Description COMML REVIEW APPRAISER SENIOR WHAT IS THE OPPORTUNITY? 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. What you will do 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. Monitors regulatory standards and industry guidelines for any changes that impact the real estate valuation process; assists with updating related internal policies, procedural manuals, and research libraries. Familiarity with trends in local markets, being knowledgeable of economic and industry changes, and applying that knowledge to ascertain the accuracy and quality of appraisal reports under review. May complete internal real estate market evaluations on commercial or residential properties where an appraisal report is not required. Provide support to the department on additional responsibilities as directed. Must-Have Bachelor's Degree or equivalent Minimum 7 years of experience appraising and/or reviewing appraisals of various commercial property types for a fin To view full details and how to apply, please login or create a Job Seeker account
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