AVP & Commercial Real Estate Review Appraiser

Description

Salary range: $125,000–$160,000, based on qualifications and experience. (On-site position)

Duties and Responsibilities/Results:

• 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.

• Conduct market research and provide analytical support to strengthen appraisal review conclusions, presentations, and broader CRE monitoring efforts.

• Engage in regular communication with and serve as an advisor to Loan Officers and Executive Management on appraisal and real estate valuation matters.

• Engage fee appraisers to complete appraisal/valuation assignments and conduct property site inspections as needed.

• All other duties, as assigned.

Required Qualifications:

• New York State General Appraiser Certification License (Current and in Good Standing) is required.

• Minimum of 10 years of recent experience as a New York State Certified General Appraiser, appraising and/or reviewing complex multifamily, mixed-use, and commercial properties in the New York metropolitan area.

• Must demonstrate a high degree of accuracy and exceptional attention to detail.

• Reviewer must have strong analytical, written, and verbal skills and be proficient with New York Metropolitan Area Real Estate.

• Knowledgeable, experienced, and familiar with various property types, including office, retail, multifamily, and cooperatives throughout the New York Metropolitan Area.

• Knowledge of commonly used real estate database sources, including RealQuest, Comps Inc., CoStar, and Multiple Listing Service (MLS), is a must.

• Good organizational and management skills and ability to work independently.

• Software proficiency in Microsoft Office Suite, Outlook and Teams.

• Bachelor's degree is required.

Preferred Qualifications:

• Ability to solve problems involving multiple facets and variables in non-standardized situations.

• Ability to manage time efficiently to meet strict deadlines.

• Appraisal Review experience within a regulated financial institution is preferred

• MAI or AI-GRS (Review) Designation is a plus.

• A degree in Accounting, Finance, Economics, or a related field is preferred.

Equal Opportunity Employer

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