The Senior Staff Appraiser will review and perform written appraisal reports on commercial, industrial, residential and special use properties.
Responsibilities include but are not limited to: •Assists in the implementation and administration of Appraisal Guidelines, policies and procedures for residential and commercial appraisals. •Maintain contact with various departments to resolve problems relative to requests for appraisal work. •Responsible for maintaining and expanding list of approved appraisers for commercial and residential properties, as well as for business and FF&E valuations within all regions served by Valley National Bank or its affiliates. •Responsible for bidding appraisal jobs to outside appraisal firms and engaging them to perform the assignments for Valley National Bank as well as assuring a reasonable turn around time for completion. •Responsible for processing appraisal requests and customer billing to ensure that the skill level of outside fee appraisers is sufficient and that the fee quotes are reasonable. •Reviewing appraisals to insure that the methodology, market data and analyses are reasonable and that the reports conform to USPAP and Valley National Bank standards. •Directing administrative personnel relating to the processing and tracking of appraisal requests and maintaining appraisal files. •Travel to properties for appraisal inspections and related fieldwork as well as construction loan inspections. •Responsible for preparing, maintaining and reviewing construction loan disbursement reports and funding spreadsheets for in-house inspections as well as those prepared by outside engineer consultants. •Assist in the implementation of new technology and software applicable to the appraisal department.
Required Skills: •Good PC skills - Microsoft Word, Excel and lease analysis software such as Argus, Project and DynaLease. •Knowledge of USPAP, FIRREA, OCC, HVCC and FNMA/FHLMC guidelines and regulations pertaining to Real Estate appraisals. •Excellent verbal and written communication skills. •Ability to prioritize and organize assignments.
Required Experience: •Bachelors Degree from a four-year college or university preferred and a minimum of five years experience in appraising commercial, industrial and special use properties required. •State Certified General Real Estate Appraiser. •Must have successfully completed Appraisal Institute courses through Capitalization A &B. •Must be affiliated with a major appraisal organization such as Appraisal Institute, Independent Fee Appraisers or American Society of Appraiser