Sr. Real Estate Risk Reviewer

Citizens Financial Group • Pittsburgh, PA

2d • Hybrid

About The Position

Perform independent commercial real estate appraisal reviews for high-complexity, high-risk properties, including larger-exposure collateral where experience is critical to identifying significant issues and protecting the bank’s collateral position. Determine whether appraisal reports comply with the applicable Citizens scope of work and relevant federal regulatory requirements and guidance, including FIRREA and implementing OCC regulations, USPAP, the Interagency Appraisal and Evaluation Guidelines, and the OCC Comptroller’s Handbook: Commercial Real Estate Lending.

The role manages real estate appraisal and evaluation risks for an assigned geographic market and/or lending groups, and may include administrative supervision and process oversight. It provides real estate risk identification, quantification, and consulting—including discounted cash flow analysis—to commercial lending and credit functions. The reviewer supports appraisal and evaluation assignments from scoping through vendor selection and authorization, writes comprehensive review reports for internal customers, manages vendor relationships, and serves as a primary liaison on regulatory requirements, appraisal concerns, and potential risk mitigants.

The schedule is 40+ hours per week, Monday through Friday, 8 a.m. to 5 p.m. The role works in the office four days per week; other Citizens corporate locations with available space may be considered. The salary range is $117,000–$156,000 per year, with an opportunity to earn an annual discretionary bonus. Citizens offers medical, dental, and vision coverage, retirement benefits, maternity and paternity leave, flexible work arrangements, education reimbursement, wellness programs, and paid time off. Citizens will not sponsor a work visa for this position.

Requirements

• 10 or more years of diversified commercial appraisal experience and/or appraisal review experience.
• Bachelor’s degree or greater.
• Certified General Real Estate Appraiser or equivalent appraisal experience.
• Thorough knowledge of real estate appraisal and valuation techniques and local, regional, and national real estate markets.
• Thorough understanding of USPAP, FIRREA, and the Interagency Appraisal and Evaluation Guidelines.
• Strong working knowledge of PCs; Word, Excel, and Access skills preferred.
• Strong analytical and organizational skills.
• Excellent written and verbal communication skills.
• Ability to work autonomously with limited direct supervision.
• Ability to work as a team player and manage numerous projects simultaneously.
• Self-motivated and disciplined, with flexibility and willingness to assume assigned responsibilities.
• Demonstrate a customer-centric mindset, persistence and resilience when facing challenges, and a commitment to continuous learning.

Nice To Haves

• Maintain or be pursuing an MAI designation.
• MAI designation preferred.
• Word, Excel, and Access skills preferred.

Responsibilities

• Manage risks associated with the commercial real estate appraisal and evaluation process for an assigned geographic market and/or lending groups.
• Provide administrative supervision and required process oversight, where applicable, ensuring adherence to internal policies, procedures, regulatory requirements, and appraisal industry requirements.
• Identify and quantify real estate risks and provide consulting, including discounted cash flow analysis, to commercial lending and credit functions.
• Conduct independent commercial real estate appraisal reviews for high-complexity, high-risk properties and document reviews in comprehensive written reports for internal customers.
• Assist in scoping and engaging commercial appraisal and evaluation assignments, including third-party vendor selection, analysis type, report content and format, and contract authorization.
• Interact with senior management in Wholesale Credit Risk and Commercial Lending regarding projects involving elevated real estate risk or appraisal issues and concerns.
• Manage vendor relationships.
• Provide responsive customer service to external vendors and internal customers, including Relationship Managers, Portfolio Managers, and Credit Officers.
• Serve as the primary liaison and point of contact for internal customers and external vendors regarding regulatory requirements, concerns, and potential risk mitigants.

Benefits

• Opportunity to earn an annual discretionary bonus.
• Medical coverage.
• Dental coverage.
• Vision coverage.
• Retirement benefits.
• Maternity and paternity leave.
• Flexible work arrangements.
• Education reimbursement.
• Wellness programs.
• Paid time off policy exceeding mandatory paid sick or paid time-away policies in every local and state jurisdiction in the United States.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior