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1 month ago
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Commercial Review Appraiser-Onsite
2 months ago
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.
- 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.
