Citizens Bank Senior Real Estate Appraisal Reviewer in Pittsburgh, Pennsylvania
To conduct independent commercial real estate appraisal reviews on high complexity/risk properties; perform valuation and real estate risk consulting (including (DCF) analysis) to the various commercial lending functions throughout the Bank. The Senior Real Estate Appraisal Reviewer will be assigned to larger exposure, more complex property types typically resulting in greater risk to the bank, whereby the reliance on experience is critical to identify major issues in order to protect the bank’s collateral position.
Manage risks associated with the commercial real estate appraisal and evaluation process for a given geographic market and/or assigned lending groups
Management may include administrative supervision and required process oversight, including adherence to internal policies and procedures to ensure regulatory compliance and appraisal industry requirements for assignments
Conducting independent commercial real estate appraisal reviews on high complexity/risk properties and performing valuation and real estate risk consulting (including discounted cash flow (DCF) analysis) to the various commercial lending functions throughout the Bank
Will be assigned to larger exposure, more complex property types typically resulting in greater risk to the bank, whereby the reliance on experience is critical to identify major issues in order to protect the bank’s collateral position
May also include scoping of commercial appraisal/evaluation assignments
Selection of appraisal/evaluation vendors
Review of appraisal/evaluation reports
Managing vendor relationships
Drafting of review memoranda summarizing comments on the quality of appraisal/evaluation reports
Issuing value opinions
Supervision of related administration and support functions and/or junior reviewer staff
6+ years’ experience in fee appraisal and/or appraisal review positions and may either maintain or be pursuing their (MAI) designation
Minimum 5 years’ experience as a bank staff appraisal reviewer or diversified commercial appraisal experience
Must have strong market knowledge
Thorough knowledge of real estate appraisal and valuations techniques as well as local, regional and national real estate market understanding
Self-motivated and disciplined
Ability to work autonomously with limited direct supervision.
Excellent written and verbal communication skills
Thorough understanding of USPAP, FIRREA and Interagency Appraisal and Evaluation Guidelines
Education, Certifications and/or Other Professional Credentials:
Bachelor's Degree or Greater
Certified General Real Estate Appraiser or equivalent appraisal experience
Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday-Friday 8-5
Why Work with Us
At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment and Opportunity Employer/Disabled/Veteran
It is the policy of Citizens Bank and Citizens Securities, Inc. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Opportunity & Affirmative Action Employer Disabled/Veteran
Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.