Bank of America

Residential Review Appraiser

Posted on: 30 Jan 2021

Aspen, CO

Job Description

Job Description:

Reviews and analyzes appraisal reports of staff and outside fee vendors for efficacy of their value conclusions, adherence to technical appraisal theory and methodology governing residential real property, and adherence to the Uniform Standards of Professional Appraisal Practice. Adjudicates value conclusion discrepancies. Requires current and working knowledge of the Uniform Standards of Professional Appraisal Practice, and appraisal theory and methodology governing residential real property. Requires appraisal license, at least 5 years of appraisal experience and state certification is preferred.

Accountable for quality assurance review of valuation products delivered to the Bank.
Identify, analyze and report deficiencies in the valuation product under review that are material and may impact the completeness, adequacy, relevance, and credibility of the appraisal report.
Leads or participates in special project(s) as directed by management. Projects could include topics focused on corrections, reconsiderations, or targeted quality assurance risk concerns, process improvement, policy & procedures, or acting as subject matter expert (SME).
Maintain knowledge of policy & procedures, Uniform Standards of Professional Appraisal Practice and regulatory guidelines, appraisal theory and methodology governing residential real property.
Additional duties as assigned.

Required:

General Certified or Residential Certified Appraiser in good standing with home state
Minimum of 5 years appraisal field experience with complex property assignments
Ability to obtain multiple state appraisal reciprocal licensing based on regulatory compliance needs
Thorough understanding of the Uniform Standards of Professional Appraisal Practice, regulatory guidelines, appraisal theory, and methodology governing residential real property
Strong communication skills, both written and verbal, and ability to deliver a clear and understandable message to a variety of audiences
Effective listening and comprehension skills
Ability to research, analyze and resolve complex valuation issues
Ability to make a swift and supported decisions
Comfortable with working independently and able to triage escalated deliverables appropriately
Effective organizational and time-management skills, with the ability to prioritize and maintain production goals
Intermediate to Advanced Microsoft Office and keyboarding skills

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America

Charlotte, NC

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.

This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.

The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.

The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.

 

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