Valuation Quality Control III

World Business Lenders • New York, NY

1d • Remote

About The Position

World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. The company has a fully remote, multinational workforce and an experienced executive leadership team. Its collateral spans U.S. markets, including primary metros, tertiary markets, and rural locations, so the role requires defensible value opinions in markets the reviewer may not know firsthand.

The Valuation Quality Control III reviews appraisals and other valuation products, independently tests value conclusions against market evidence, analyzes income properties and construction or development loans, and recommends values for relevant premises and stages of a loan. The role presents recommendations to Investment, Asset Resolution, and Initial Credit Review, and recommends additional reports or work when available information is insufficient.

The typical schedule is 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, with additional hours as committee timing and business needs require. The position is fully remote, with occasional travel for leadership off sites or corporate events. A stable, reliable internet connection and a professional, dedicated remote working environment are required.

Requirements

• Bachelor’s degree in real estate, finance, economics, business, or a related field.
• At least 5 years of experience in appraisal, appraisal review, collateral valuation, underwriting, or asset management, with the majority of experience involving commercial collateral.
• Hands-on commercial and income-property valuation or review experience.
• Working knowledge of the sales comparison, income, and cost approaches, and USPAP.
• Experience with distressed, foreclosed, or REO property.
• Strong Excel, writing, and presentation skills, and confidence challenging unsupported conclusions.
• Stable, reliable internet connection and a professional, dedicated remote working environment.

Nice To Haves

• Residential review experience.
• State Certified General or Certified Residential appraiser credential, or progress toward Certified General.
• A professional valuation designation or active candidacy, such as AI-GRS, MAI, MRICS, ASA Real Property, CCIM, ARA, AI-RRS, or SRA.
• Commercial appraisal review experience at a bank, portfolio lender, or private credit fund.
• Familiarity with construction and development projects and the cash flow-based analysis used to value them.

Responsibilities

• Review appraisals, evaluations, broker price opinions (BPOs), and comparative market analyses (CMAs) for accuracy, methodology, and compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines; return deficient reports for correction.
• Test value conclusions against independent market evidence, including MLS, public records, CoStar, and broker reports, across U.S. markets.
• Identify weak comparables, unsupported adjustments, stale data, mathematical errors, and unreasonable extraordinary assumptions or hypothetical conditions.
• Analyze income-property rent rolls, operating expenses, net operating income (NOI), capitalization rates, and discounted cash flow (DCF) assumptions.
• For construction and development loans, compare budgets, draws, and completion status against as-complete value conclusions.
• Recommend values for relevant premises, including as-is, as-complete, as-stabilized, and disposition, suited to the loan stage, including origination, performing, default, workout, or REO.
• Write concise findings and present recommendations to Investment, Asset Resolution, and Initial Credit Review.
• Recommend additional work when information is insufficient, such as a new appraisal, inspection, environmental report, or engineering report.

Benefits

• Medical, dental, vision, life, and disability coverage.
• 401(k) with company match.
• Paid holidays and paid time off (PTO).
• Fully remote work environment, with occasional travel for leadership off sites or corporate events.

What This Job Offers

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