Residential Review Appraiser

Bank of America • Fort Worth, TX

1d • Onsite

About The Position

At Bank of America, the Residential Review Appraiser reviews and analyzes appraisal reports prepared by staff and outside fee vendors. The role evaluates the effectiveness of value conclusions, adherence to residential appraisal theory and methodology, and compliance with the Uniform Standards of Professional Appraisal Practice (USPAP). The appraiser adjudicates discrepancies in value conclusions and applies working knowledge of USPAP and residential appraisal standards.

The position is accountable for quality assurance review of valuation products delivered to the Bank. It identifies, analyzes, and reports material deficiencies that may affect an appraisal report’s completeness, adequacy, relevance, or credibility. The appraiser maintains knowledge of applicable policies and procedures, USPAP, regulatory guidelines, and residential appraisal theory and methodology. The role may lead or participate in management-directed projects involving corrections, reconsiderations, targeted quality assurance risks, process improvement, policies and procedures, or subject matter expertise. Additional duties may be assigned.

Bank of America describes its culture as guided by Responsible Growth and a commitment to an inclusive workplace, teammate development and wellness, recognition, and community impact. The company states that it is committed to an in-office culture with role-specific attendance requirements and flexibility. This position is listed as first shift, United States of America, and 40 hours per week.

Requirements

• Licensed or Certified Residential Appraisal Credential in good standing.
• Minimum of 5 years of appraisal field experience, including complex property assignments.
• Ability to obtain multiple state appraisal reciprocal licenses based on regulatory compliance needs.
• Thorough understanding of USPAP, regulatory guidelines, and appraisal theory and methodology governing residential real property.
• Strong written and verbal communication skills, including the ability to deliver clear, understandable messages to varied audiences.
• Effective listening and comprehension skills.
• Ability to research, analyze, and resolve complex valuation issues.
• Ability to make swift, supported decisions.
• Ability to work independently and appropriately triage escalated deliverables.
• Effective organizational and time-management skills, including the ability to prioritize and maintain production goals.
• High school diploma, GED, secondary school credential, or equivalent.

Responsibilities

• Review and analyze appraisal reports prepared by staff and outside fee vendors for the efficacy of value conclusions and adherence to appraisal standards and methodology.
• Adjudicate discrepancies in value conclusions.
• Perform quality assurance reviews of valuation products delivered to the Bank.
• Identify, analyze, and report material deficiencies in valuation products that may affect the completeness, adequacy, relevance, or credibility of appraisal reports.
• Lead or participate in management-directed projects involving corrections, reconsiderations, targeted quality assurance risks, process improvement, policies and procedures, or subject matter expertise.
• Maintain knowledge of policies and procedures, USPAP, regulatory guidelines, and residential real property appraisal theory and methodology.
• Perform additional duties as assigned.

What This Job Offers

• Job Type: Full-time
• Education Level: High school or GED