Staff Appraiser - Commercial
Valley National Bank · Wayne, New Jersey, US
Responsibilities include but are not limited to: - Maintain contact with various departments to resolve problems relative to requests for appraisal work.
Job description
Responsibilities include but are not limited to: - Maintain contact with various departments to resolve problems relative to requests for appraisal work. - Monitor and evaluate the impact of changes in the commercial appraisal profession and recommend changes in official Valley National Bank Appraisal policies and procedures as appropriate. - 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. - Review appraisals to ensure that the methodology, market data and analysis are reasonable and that the report conforms to USPAP and Valley National Bank standards. - Travel to properties for primary inspections as well as Field Construction Inspections. - Search, Set-up and review of new appraisal firms for FF-E and Business Valuations for new territories which the bank has expanded into. - Make specific recommendations for the addition of Commercial and Special-Use Property Appraisers to Valley National Bank's Approved Appraiser List. - Perform appraisals for various departments within the bank, including the commercial loan department for Quality Control Purposes a...