The Appraisal Review Officer is responsible for reviewing and validating real estate appraisals to ensure compliance with internal policies and regulatory standards. This role supports lending decisions by providing accurate property valuations and risk assessments.
Appraisal Review: Evaluate appraisals for accuracy, completeness, and compliance.
Regulatory Compliance: Ensure appraisals meet regulatory guidelines and internal policies.
Risk Assessment: Identify potential risks related to property valuations.
Valuation Accuracy: Validate property values in relation to market trends and conditions.
Communication: Coordinate with appraisers and lending officers to resolve discrepancies.
Education: Bachelor’s degree in Finance, Real Estate, or related field.
Experience: 5+ years of experience in real estate appraisal or valuation.
Certifications: Certified Appraiser or similar credential preferred.
Skills:
Strong understanding of real estate markets and valuation techniques.
Excellent analytical and decision-making skills.
Attention to detail in reviewing appraisal reports.
Analytical Thinking: Ability to assess and interpret real estate data.
Compliance Awareness: Knowledge of regulatory guidelines.
Problem-Solving: Resolves appraisal discrepancies effectively.
Detail-Oriented: Focus on accuracy in property valuations.
Communication Skills: Clearly conveys findings and recommendations.
Ethics: Maintains high ethical standards in valuation processes.