Appraisal & Credit Risk Review Specialist

BMO U.S.; Milwaukee (WI); Hybrid; USD 55,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Retirement savings

Job summary

BMO Financial Group is seeking a position responsible for independently examining appraisals and evaluations for adherence to policies and procedures. The role assesses credibility of appraisals related to substandard and impaired borrowers and reports results with recommended actions.

The role includes identifying corrective actions, escalating where needed, and, when appropriate, preparing independent valuations. This is a hybrid role with multiple days per week in office.

Qualifications

• Typically 2–6 years of relevant experience and post-secondary degree in related field or equivalent.
• Credit qualifications and credit knowledge per established standards.
• In-depth knowledge of banking products and services.
• Familiarity with industry trends and regulations.
• Knowledge of credit portfolio management policies and financing guidelines.
• Strong verbal and written communication skills, with collaboration and analytical abilities.

Responsibilities

• Independently examines appraisals and evaluations for adherence to policies and standards.
• Assesses credibility and reasonableness of appraisal conclusions for substandard/impaired borrowers.
• Documents and reports review results; recommends action plans to resolve issues.
• Identifies required corrective actions and escalates per guidelines; may prepare independent valuations.

Skills

Credit knowledge

Banking products

Regulations

Analytical skills

Communication skills

Team collaboration

Data-driven decisions

Problem solving

Influence

Education

Bachelor's degree

Job description

BMO Financial Group is seeking a position responsible for independently examining appraisals and evaluations for adherence to policies and procedures. The role assesses credibility of appraisals related to substandard and impaired borrowers and reports results with recommended actions.

The role includes identifying corrective actions, escalating where needed, and, when appropriate, preparing independent valuations. This is a hybrid role with multiple days per week in office.