Senior Commercial Appraiser

Western Alliance Bank • Phoenix, AZ

8d • Onsite

About The Position

As a Senior Commercial Appraiser, you will support and administer the commercial appraisal process. You will review appraisals submitted to the bank’s Appraisal Department, and periodically review and administer appraisal requests received from the different lines of business, selection and engagement of fee appraisers. One of your key responsibilities is to interact closely within the department, lending team, credit team, and other personnel, providing guidance and a high level of customer service, while ensuring strict compliance with state and federal regulatory guidelines and bank policies. Responsible for supporting the Chief Appraisal Officer in reviewing appraisals submitted to the bank’s Appraisal Department, focusing on regulatory (USPAP / FIRREA, etc.) compliance, value and marketability reasonability, dependent upon market influencing factors and property complexity. Review document and work file preparation must meet or exceed regulatory and department requirements. Ensure all file materials including review document; review notes; additional data collected; email exchanges between reviewer and appraiser and consultant; are saved in the appropriate department repository. Adherence to company and regulatory policies, regulations and compliance framework, and escalate concerns and questions when appropriate. Participate in ongoing functionality enhancements to the department operating platform. May periodically be required to review and administer appraisal requests, compose property description and scope of work narrative, and select engage fee appraisers. Additionally, may assist with formulation of internal appraisal policy and regulatory compliance processes, procedures, guidelines through knowledge and thorough understanding of internal policies, FIRREA, Interagency Guidelines, and USPAP.

Requirements

• 6+ years of related experience in Commercial Appraisal and environmental due diligence processes or similar field.
• High school diploma required.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced experience, knowledge and training in all lending activities related to the appraisal of complex properties and interests.
• Advanced speaking and writing communication skills.
• Certified General Real Estate Appraiser required.

Nice To Haves

• Bachelor's degree in related field preferred.

Responsibilities

• Support and administer the commercial appraisal process.
• Review appraisals submitted to the bank’s Appraisal Department.
• Periodically review and administer appraisal requests received from the different lines of business.
• Select and engage fee appraisers.
• Interact closely within the department, lending team, credit team, and other personnel, providing guidance and a high level of customer service.
• Ensure strict compliance with state and federal regulatory guidelines and bank policies.
• Support the Chief Appraisal Officer in reviewing appraisals submitted to the bank’s Appraisal Department, focusing on regulatory (USPAP / FIRREA, etc.) compliance, value and marketability reasonability, dependent upon market influencing factors and property complexity.
• Ensure review document and work file preparation meet or exceed regulatory and department requirements.
• Ensure all file materials including review document; review notes; additional data collected; email exchanges between reviewer and appraiser and consultant; are saved in the appropriate department repository.
• Adhere to company and regulatory policies, regulations and compliance framework, and escalate concerns and questions when appropriate.
• Participate in ongoing functionality enhancements to the department operating platform.
• Periodically review and administer appraisal requests, compose property description and scope of work narrative, and select and engage fee appraisers.
• Assist with formulation of internal appraisal policy and regulatory compliance processes, procedures, guidelines through knowledge and thorough understanding of internal policies, FIRREA, Interagency Guidelines, and USPAP.

Benefits

• Competitive salaries
• An ownership stake in the company
• Medical and dental insurance
• Time off
• A great 401k matching program
• Tuition assistance program
• An employee volunteer program
• A wellness program
• Opportunity to bolster business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving invaluable hands-on experience to help grow your career!

What This Job Offers

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