Comm Appraisal Services Conslt.

Bank of America

3.2

(114)

Multiple Locations

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-25017638

    Position summary

    can build a successful career with opportunities to learn, grow, and make an impact. Join us!

    Job Description:
    Orders and reviews appraisals and evaluations used for commercial real estate lending and provides appraisal and consulting services to all lines of business and transaction-specific professional guidance. Specific responsibilities include, but are not limited to, scoping requests for services, bidding process, award process, managing external suppliers and appraisal review. Additional responsibilities may include client team training; supervisory responsibilities, including management of procurement or review teams; and/or management of external reviewers.

    Skills:

    • Critical Thinking

    • Financial Forecasting and Modeling

    • Business Intelligence

    • Financial Analysis

    • Interpret Relevant Laws, Rules, and Regulations

    • Risk Modeling

    • Valuation Ethics and Practice Standards

    • Attention to Detail

    • Prioritization

    • Problem Solving

    • Reporting

    • Vendor Management

    Orders and reviews appraisals and evaluations used for commercial real estate lending and provides appraisal and consulting services to all lines of business and transaction-specific professional guidance. Specific responsibilities include, but are not limited to, scoping requests for services, bidding process, award process, managing external suppliers and appraisal review. Additional responsibilities may include client team training; supervisory responsibilities, including management of procurement or review teams; and/or management of external reviewers.

    Evaluates valuation requests for policy/regulatory compliance:

    • Develops vendor statements of work for each order

    • Selects prequalified vendors and distributes RFPs

    • Executes award and monitors vendor performance

    • Reviews reports for contract compliance; grades performance

    • Performs quality assurance (detailed) reviews

    • Invoice preprocessing and validation

    • 1st -level business and vendor dispute resolution (e.g. vendor selection, utilization frequency, invoicing, etc.)

    Required Skills:

    • Active State-Certified General Real Estate Appraisal Credential

    • 5+ years commercial real estate appraisal experience

    • Intermediate proficiency in the use of the following software applications: Argus and/or Rockport Val, (cash flow software), Microsoft Excel (spreadsheet).

    • Basic proficiency in other department programs including: Microsoft Word (word processing)

    • An in-depth working knowledge of valuation theory and methodology for commercial and residential appraisals

    • Able to write concise technical opinions in language comprehensible to expert and layman alike

    • Able to work independently in a remote setting

    • Commercial appraisal review experience for federally-regulated banking institution or equivalent highly preferred

    • Able to adapt to new technology and changes to recognized valuation methods and techniques

    Desired Skills:

    • 2+ years commercial appraisal review experience for federally regulated banking institution or equivalent

    • MAI designation

    • Bachelor's degree (financial degree or equivalent)

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.