Senior Commercial Review Appraiser

Mechanics Bank • Walnut Creek, CA

20h • $95,000 - $140,000 • Onsite

About The Position

Mechanics Bank is currently hiring a full time Sr. Commercial Review Appraiser based out of our Corporate Headquarters in Walnut Creek. You will provide production appraisal and/or appraisal review services to the bank related to either residential or commercial real estate. Manage internal and third party commercial appraisal assignments. Review appraisal reports to ensure compliance with regulatory and bank requirements, as well as standard appraisal methodology. What you will do: Manage appraisal and environmental assignments which include: Determine appropriate report type, based on property type and proposed loan characteristics per policy; Bid and award appraisal assignments to external/fee appraisers and environmental consultants; Answer procedural and technical questions from internal team members, fee appraisers and environmental consultants; Review appraisal to ensure they are in compliance with current regulatory requirements (USPAP, Interagency Appraisal and Evaluation Guidelines) and standard appraisal methodology; Administrative reviews of environmental reports. All Environmental Technical reviews are prepared by external Environmental Professional/Reviewer; Ensure report and review are completed within established timing requirements. Within the appraisal review process, reviewer will evaluate whether submitted data and analyses as well as value conclusions are complete, accurate, adequate, relevant and reasonable. Identify any relevant deficiencies contained in the appraisal report and discuss and determine resolution with fee appraiser. In the event both parties disagree, reviewer will need to address all significant issues in the review, which may include modifying the analyses and conclusions within the review. Elevates issues and/or provides recommendations to the Appraisal Manager regarding challenging appraisal issues. Assists with approval of appraisers for Bank fee panel which includes reviewing sample appraisals and contacting references. Participates in maintaining accurate data on all department systems (i.e. RIMS) of all jobs processed by the Department. Assists in maintenance of appraisal and review job files. Who you are: Performs appraisal reviews of third-party appraisals, may be complex in nature. Confers with Senior Management, Relationship Managers and Financial Analysts regarding complex appraisal and environmental issues. Following skills and competencies are required for the position: Active General Certified Appraiser License in the state of applicants residence. Minimum of 5 years of appraisal experience; 2 of which are review. Familiar with the valuation of all property types including multifamily, retail, office and industrial. Proficient with Word and Excel. Detail oriented. Strong understanding of USPAP. Strong analytical, writing and verbal skills. Location preference is Walnut Creek for the position. Appraisal Institute Designation or Candidate for Designation is preferred. Assists with annual review of fee panel appraisers to ensure continuing competency and responsiveness of approved panel members. Attends professional continuing education courses as needed to maintain license and professional designation, if applicable, in good standing. ADA Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. The noise level in the work environment is usually moderate.

Requirements

• Active General Certified Appraiser License in the state of applicants residence
• Minimum of 5 years of appraisal experience; 2 of which are review
• Familiar with the valuation of all property types including multifamily, retail, office and industrial
• Proficient with Word and Excel
• Detail oriented
• Strong understanding of USPAP
• Strong analytical, writing and verbal skills

Nice To Haves

• Appraisal Institute Designation or Candidate for Designation is preferred
• Location preference is Walnut Creek for the position

Responsibilities

• Manage appraisal and environmental assignments which include: Determine appropriate report type, based on property type and proposed loan characteristics per policy
• Bid and award appraisal assignments to external/fee appraisers and environmental consultants
• Answer procedural and technical questions from internal team members, fee appraisers and environmental consultants
• Review appraisal to ensure they are in compliance with current regulatory requirements (USPAP, Interagency Appraisal and Evaluation Guidelines) and standard appraisal methodology
• Administrative reviews of environmental reports. All Environmental Technical reviews are prepared by external Environmental Professional/Reviewer
• Ensure report and review are completed within established timing requirements
• Within the appraisal review process, reviewer will evaluate whether submitted data and analyses as well as value conclusions are complete, accurate, adequate, relevant and reasonable
• Identify any relevant deficiencies contained in the appraisal report and discuss and determine resolution with fee appraiser
• In the event both parties disagree, reviewer will need to address all significant issues in the review, which may include modifying the analyses and conclusions within the review
• Elevates issues and/or provides recommendations to the Appraisal Manager regarding challenging appraisal issues
• Assists with approval of appraisers for Bank fee panel which includes reviewing sample appraisals and contacting references
• Participates in maintaining accurate data on all department systems (i.e. RIMS) of all jobs processed by the Department
• Assists in maintenance of appraisal and review job files
• Performs appraisal reviews of third-party appraisals, may be complex in nature
• Confers with Senior Management, Relationship Managers and Financial Analysts regarding complex appraisal and environmental issues
• Assists with annual review of fee panel appraisers to ensure continuing competency and responsiveness of approved panel members
• Attends professional continuing education courses as needed to maintain license and professional designation, if applicable, in good standing

Benefits

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
• Health Savings Account with employer contribution
• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
• 401(k) and Roth 401(k) with company contribution
• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
• Supplemental Health plans, Voluntary Legal and Identity Theft Services
• 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
• Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees