Residential Review Appraiser

Bank of America • Charlotte, NC

9d • 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 assesses the efficacy of value conclusions, compliance with technical appraisal theory and methodology for residential real property, and adherence to the Uniform Standards of Professional Appraisal Practice (USPAP). The appraiser adjudicates discrepancies in value conclusions and is accountable for quality assurance review of valuation products delivered to the Bank. The role identifies, analyzes, and reports material deficiencies that may affect an appraisal report’s completeness, adequacy, relevance, or credibility.

The position requires current working knowledge of USPAP, relevant regulatory guidelines, and appraisal theory and methodology governing residential real property. The appraiser maintains knowledge of applicable policies and procedures and may lead or participate in management-directed special projects involving corrections, reconsiderations, targeted quality assurance risks, process improvement, policies and procedures, or serving as a subject matter expert. Additional duties may be assigned.

Bank of America describes an in-office culture with role-specific flexibility. This position is listed as first shift and 40 hours per week.

Requirements

• Licensed or certified residential appraisal credential in good standing.
• At least 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 and 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.
• Comfort working independently and triaging escalated deliverables appropriately.
• Effective organizational and time-management skills, including ability to prioritize and maintain production goals.
• High school diploma, GED, secondary school education, or equivalent.

Nice To Haves

• State certification is preferred.

Responsibilities

• Review and analyze appraisal reports from staff and outside fee vendors for the efficacy of value conclusions and adherence to appraisal standards, theory, 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 special projects, which may address 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
• Career Level: Mid Level
• Education Level: High school or GED