OEV Specialist

Security First Bank•Cozad, NE

32d•Onsite

About The Position

The OEV Specialist is responsible for evaluating and validating property values based on owner-provided estimates and supporting data to inform lending decisions. This role plays a key part in the credit underwriting and risk assessment process by ensuring property valuations are reasonable, well-supported, and aligned with market conditions. The ideal candidate combines real estate knowledge, analytical skills, and attention to detail to assess valuation accuracy, identify potential risks, and support high-quality lending outcomes.

Requirements

Bachelor’s degree in finance, real estate, business, or a related field (or equivalent experience)
2–5 years of experience in mortgage lending, real estate valuation, appraisal review, or credit underwriting support
Strong understanding of residential and/or commercial real estate valuation principles
Ability to interpret appraisal reports, comps, and market data
Strong analytical and problem-solving skills
Excellent attention to detail and documentation accuracy
Proficiency in Microsoft Excel and loan origination or valuation platforms

Nice To Haves

Experience with AVMs (e.g., CoreLogic, Black Knight, Collateral Analytics)
Exposure to appraisal review, collateral underwriting, or property risk analysis
Familiarity with regulatory requirements governing appraisals and valuations (USPAP, FIRREA, Interagency Guidelines)
Relevant certifications (e.g., Real Estate License, Appraisal Trainee, or progress toward appraisal certification)

Responsibilities

Review and assess Owner’s Estimated Value (OEV) submissions for residential or commercial real estate loan applications
Analyze supporting documentation such as comparable sales (comps), market trends, tax assessments, and property condition data
Validate property values using internal tools, AVMs (Automated Valuation Models), broker price opinions (BPOs), and third-party valuation sources
Identify inconsistencies, valuation risks, or potential over/understatements and escalate as needed
Partner with underwriting, appraisal review, credit risk, and collateral teams to support loan decisioning
Document findings and maintain clear audit trails in loan origination or credit systems
Ensure compliance with regulatory guidelines (e.g., FIRREA, USPAP) and internal valuation policies
Support collateral risk management by recommending when full appraisals or additional reviews are required
Monitor real estate market trends to inform valuation assessments
Meet service level agreements (SLAs) for turnaround time and quality standards