Appraisal Review Consultant

Young-; United States; On-site; USD 85,000 - 120,000; Full time

Job summary

The Appraisal Review Consultant at Young & Associates will perform independent third-party reviews of commercial and residential real estate appraisals and evaluations for financial institution clients. You will assess credibility, support, and compliance with USPAP and Interagency Guidelines, and prepare written reports with findings and recommendations.

Responsibilities include evaluating scope of work, valuation approaches, and market analysis, while maintaining independence and meeting

Qualifications

• Thorough knowledge of USPAP and Interagency Appraisal & Evaluation Guidelines.
• Strong understanding of sales comparison, income, and cost approaches to value.
• Excellent verbal and written communication skills; able to explain findings to non-appraisers.
• Excellent interpersonal and customer service skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and critical thinking skills.
• Ability to manage multiple assignments and deadlines independently.
• Proficient with Microsoft Office Suite or related software.
• Experience with appraisal management or appraisal review software is a plus.
• Must be a self-starter and willing to learn.

Responsibilities

• Perform technical reviews of residential and commercial appraisal reports per USPAP Std 3 and regulatory guidance.
• Evaluate scope of work, valuation approaches, comps, adjustments, capitalization and discount rates, market analysis, and highest and best use conclusions.
• Verify appraisals meet client engagement requirements and regulatory guidelines (FIRREA/Title XI).
• Review evaluations and other valuation products for adequacy and compliance.
• Prepare clear, well-documented review reports with deficiencies and recommendations.
• Communicate review findings to client bank personnel and, when needed, to the original appraiser to resolve issues.
• Maintain independence to safeguard objectivity of the review process.
• Track assigned reviews and meet client turnaround expectations while maintaining quality.
• Stay current on USPAP updates, regulatory guidance, and market conditions affecting collateral values.
• Assist in developing and maintaining review procedures, checklists, and report templates.

Skills

USPAP knowledge

Interagency guidelines

Sales comparison approach

Income approach

Cost approach

Verbal & written communication

Interpersonal skills

Organizational skills

Analytical thinking

Multi-tasking

Microsoft Office

Appraisal software

Appraisal management software

Education

Bachelor's Degree

Residential appraisal experience 2-4 years

Commercial appraisal experience a plus

Active state license preferred

Prior appraisal review experience

Tools

Appraisal software

Appraisal management software

Job description

Job Summary

The Appraisal Review Consultant will be responsible for performing independent third-party reviews of commercial and residential real estate appraisals and evaluations on behalf of Young & Associates' financial institution clients. The Consultant will assess whether each appraisal is credible, well-supported, and compliant with USPAP, the Interagency Appraisal and Evaluation Guidelines, and the client's appraisal policy, and will prepare written review reports documenting findings and recommendations.

Supervisory Responsibilities

None initially. May assist in reviewing the work of junior reviewers and in managing the review pipeline as division volume grows.

Duties/Responsibilities

• Perform technical reviews of residential and commercial appraisal reports in accordance with USPAP Standard 3 and applicable regulatory guidance.
• Evaluate the appropriateness of the scope of work, valuation approaches, comparable selection and adjustments, capitalization and discount rates, market analysis, and highest and best use conclusions.
• Verify that appraisals satisfy client engagement requirements, regulatory requirements under FIRREA/Title XI, and the Interagency Appraisal and Evaluation Guidelines.
• Review evaluations and other alternative valuation products for adequacy and regulatory compliance.
• Prepare clear, well-documented written review reports that identify deficiencies, state whether the value conclusion is supported, and recommend corrective action where appropriate.
• Work with management to communicate review findings to client bank personnel and, when necessary, to the original appraiser to resolve deficiencies or obtain revisions.
• Maintain independence to safeguard the objectivity of the review process.
• Track assigned reviews and meet client turnaround expectations while maintaining quality standards.
• Stay current on USPAP updates, regulatory guidance, and market conditions affecting collateral values.
• Assist in the development and maintenance of review procedures, checklists, and report templates.

Requirements

FLSA Classification: Exempt

Required Skills/Abilities

• Thorough working knowledge of USPAP and the Interagency Appraisal and Evaluation Guidelines.
• Strong understanding of the sales comparison, income, and cost approaches to value.
• Excellent verbal and written communication skills, with the ability to explain technical findings to non-appraisers.
• Excellent interpersonal and customer service skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and critical thinking skills.
• Ability to manage multiple assignments and deadlines independently.
• Proficient with Microsoft Office Suite or related software.
• Experience with appraisal management or appraisal review software is a plus.
• Must be a self-starter and willing to learn.

Education and Experience

• Bachelor's Degree in a related field of study from four-year college or university, preferred.
• Minimum of two to four (2 to 4) years of residential real estate appraisal experience is required.
• Commercial real estate appraisal experience is a plus.
• Active state License or Certified Residential License is preferred but not required.
• Prior appraisal review experience, including reviews performed for financial institutions, is a plus.
• Experience with non-centralized workforce and hybrid working is strongly preferred.
• Experience in the Financial Institution Industry is a plus.
• Experience with special-purpose, agricultural, or multi-family property types is a plus.

Core Competencies

• Diversity - Demonstrates knowledge of EEO policy; Shows respect and sensitivity for cultural differences; Educates others on the value of diversity; Promotes a harassment-free environment; Builds a diverse workforce.
• Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.
• Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.
• Customer Service - Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.
• Initiative - Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.
• Innovation - Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work; Develops innovative approaches and ideas; Presents ideas and information in a manner that gets others' attention.
• Interpersonal Skills - Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
• Motivation - Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Takes calculated risks to accomplish goals.
• Oral Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
• Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plans.
• Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
• Quality Management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.
• Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategy to changing conditions.

Physical Requirements

• Occasionally required to stand or walk.
• Continually required to sit and work at a computer.
• Frequently required to talk or hear.
• While performing the duties of this job, the noise level in the work environment is usually quiet.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision.

Benefits

• Medical, Dental and Vision Insurance
• Company contribution to Health Savings Account
• Company provided Short-term and Long-term disability
• Company provided life insurance
• 401k with company match
• Student Loan paydown program (Gradifi)