Amalgamated Bank seeks a full time Appraisal Manager for appraisal engagement/review process for the Bank’s CRE portfolio and maintain safe-and-sound appraisal practices. This includes managing the appraisal engagement process, completing formal appraisal reviews, addressing policy matters, and conducting CRE market research across the Bank’s lending areas.
Perform extensive analysis and data collection of third party appraisals performed for the Bank.
Ensure regulatory compliance with respect to real estate appraisals and evaluations.
Monitor existing CRE portfolio, new loan origination and loan modifications for compliance with the Bank’s credit policies and procedures as it relates to appraisals and evaluations.
Conduct market research within the Bank’s lending areas on various asset classes.
Provide consultation with CRM and Relationship Managers in connection with real estate transactions.
Order and manage internal appraisal requests for third-party appraisals.
Prepare formal appraisal reviews.
Maintain and update Bank’s appraisal policy and procedures.
Maintain and update Bank’s approved appraiser list as needed.
Perform other related duties as directed by manager.
Certified General Real Estate Appraiser License (NY)
MAI Designation; AI-GRS a plus
7+ years as a CRE real estate appraiser, 2+ years in an institutional/appraisal review capacity
Expertise in NYC Metro real estate markets
Knowledge of DC Metro and Northern California markets a plus
Bachelor’s degree; master’s degree a plus
Highly proficient with Microsoft Excel & Word
Proficiency with Argus and financial modeling
Excellent verbal, written and interpersonal skills
Must have demonstrated ability to multi-task
Perform site inspections as necessary
Familiarity with Phase 1 Environmental Reports a plus
For nearly a century, Amalgamated Bank has been the most trusted financial institution for progressive people and organizations. By helping those who do good do better, we work to help make the world more just, compassionate and sustainable. Our extensive experience, financial resources and community of like-minded customers offers labor unions, philanthropies, political campaigns, socially and environmentally responsible corporations, as well as individuals, a unique set of financial services enabling them to lead the charge to improve our communities and our country.