Job Description

Responsibilities include but are not limited to:

• Supervise commercial and residential review appraisal staff.
• Assistant to Department Manager in all responsibilities, specifically when the Department Manager is not in the office.
• Assist in the implementation and administration of Appraisal Guidelines, policies and procedures for residential and commercial appraisals.
• Maintain contact with various departments to monitor the pipeline of appraisals and resolve problems relative to requests and review of appraisals.
• Maintain and expand 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.
• Bid 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.
• Oversee appraisal requests to ensure that the skill level outside fee appraisers is sufficient and that the fee quotes are reasonable.
• Review appraisals to insure that the methodology, market data and analyses are reasonable and that the reports conform to USPAP and Valley National Bank standards.
• Direct 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 needed.
• Assist in the implementation of new technology and software applicable to the appraisal department.
• Prepare performance appraisals for staff members.

Qualifications

• PC Computer 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:

• High School Diploma or GED and a minimum of five years of experience in appraising commercial, industrial and special use properties.
• A qualified candidate should have successfully completed Appraisal Institute courses through Capitalization A - B.
• Must be affiliated with a major appraisal organization such as the Appraisal Institute, Independent Fee Appraisers or American Society of Appraisers.
• State Certified General Real Estate Appraiser.
• Bachelor's degree (B. A.) from four-year college or university preferred.

Expected Work Hours

40

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