AVP & Commercial Real Estate Review Appraiser
About The Position
The AVP & Commercial Real Estate Review Appraiser reviews and analyzes completed appraisal reports for income-producing properties, including multifamily, office, mixed-use, and retail properties. The role assesses whether valuations are reasonably supported, credible, and compliant with federal and state regulations, USPAP, FIRREA, bank policies and guidelines, and industry standards. It also evaluates the overall reasonableness and reliability of appraisal reports and communicates decisions about accepting appraisals performed by third-party vendors. The position completes internal appraisal assignments used in loan underwriting, conducts market research, and provides analytical support for appraisal review conclusions, presentations, and broader commercial real estate monitoring. It regularly advises Loan Officers and Executive Management on appraisal and real estate valuation matters, engages fee appraisers for appraisal or valuation assignments, and conducts property site inspections as needed. Other duties may be assigned.
Requirements
- Current New York State General Appraiser Certification License in good standing.
- At least 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.
- High degree of accuracy and exceptional attention to detail.
- Strong analytical, written, and verbal skills, with proficiency in New York Metropolitan Area real estate.
- Knowledge and experience with 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).
- Good organizational and management skills and ability to work independently.
- Proficiency in Microsoft Office Suite, Outlook, and Teams.
- Bachelor's degree.
Nice To Haves
- 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.
- MAI or AI-GRS (Review) Designation.
- A degree in Accounting, Finance, Economics, or a related field.
Responsibilities
- Conduct thorough reviews and analyses of completed appraisal reports for income-producing properties, including multifamily, office, mixed-use, and retail.
- Ensure valuations are reasonably supported, credible, and compliant with federal and state regulations, USPAP, FIRREA, bank policies and guidelines, and industry standards.
- Opine on the overall reasonableness and reliability of appraisal reports.
- Review, analyze, render, and communicate decisions regarding 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 for appraisal review conclusions, presentations, and broader CRE monitoring efforts.
- Communicate with and advise Loan Officers and Executive Management on appraisal and real estate valuation matters.
- Engage fee appraisers to complete appraisal or valuation assignments and conduct property site inspections as needed.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
