Details
Posted: 19-May-22
Location: New York, New York
Type: Full Time
Preferred Education: 4 Year Degree
Salary: $100,800 - $179,200
Salary Details:
This role is expected to average a base salary of $150,000 and potential bonus of $15,000 - $30,000
Additional Information:
Telecommuting is allowed.
Internal Number: R-160239
Wells Fargo is seeking a Lead Review Valuation Appraiser- Commercial Real Estate. As a lead commercial appraiser, the candidate will be expected to prepare and review valuation assignments of commercial properties to ensure completeness, accuracy and compliance with bank policies and procedures, industry standards and regulatory requirements. The candidate must be able to work independently with a minimal amount of supervision, expected to meet production goals, service and high quality standards, as well as lead projects or serve as a peer mentor.
In this role you will:
- Prepare narrative reports for multifamily properties for loans less than $10 Million and located mainly in New York City and New Jersey
- Review complex valuation reports to ensure appropriate content and compliance with federal, regulatory, and bank policy. These tasks may include quality oversight, technical desk reviews and/or post funding review.
- Interact, collaborate, and consult with service providers, commercial valuations peers, colleagues, and middle to senior level managers to resolve issues, achieve goals, and to clarify quality concerns or non-compliance identified during the review process.
- Work independently with minimal amount of supervision and lead commercial valuations projects or serve as a peer mentor.
- Meet production goals as well as service and high quality standards.
- Perform management function including the management of business relationships involving internal partners and outside professionals within the context of specific assignments.
- Integrate use of various appraisal related technologies throughout the appraisal review process.
100% remote work location is available for this position. However the candidate must reside within a reasonable commute to in the New York City or New Jersey markets.
Required Qualifications:
- 5+ years of Valuations, Lending, Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Certified General Appraiser License
- Experience preparing valuation reports for multifamily properties located in New York City
- Experience both as a fee appraiser and financial institution (or similar) reviewer
- Excellent, clear and concise written and oral communication skills
- Advanced technical skills with appraisal related tools including Argus Enterprise, Microsoft Office, and Collateral 360 preferred
- Outstanding organization, analytical and problem solving skills with high attention to detail and accuracy
- Ability to take initiative, meet deadlines and work independently with minimal supervision in a structured environment
- Interact with integrity and a high level of professionalism with all levels of team members and management
- Professional Valuation designation
Job Expectations:
- Access to reliable transportation and a valid, state issued driver’s license
- Ability to work remote including reliable internet service
- Ability to travel up to 10% of the time
- Certified General Appraiser License must be obtained by start date