Assistant Chief Commercial Appraiser

Comerica; Hoschton (GA); Hybrid; USD 110,000 - 160,000; Full time

Job summary

Comerica seeks an Assistant Chief Commercial Appraiser to oversee commercial real estate appraisals across bank lending groups and the Special Assets Group. You will ensure timely report delivery, manage third-party fees, and verify appraisal credibility for bank use while meeting FIRREA/USPAP and licensing requirements.

You will coordinate with internal teams and external vendors, drive SLA compliance, and support audits and special projects.

Qualifications

• Bachelor's degree from an accredited university.
• 7 years of commercial appraisal experience, including 5+ years in appraisal reviews.
• Active Certified General Real Estate Appraiser license in good standing.
• MAI or other professional designation is a plus.

Responsibilities

• Process appraisal requests from commercial lending groups and the Special Assets Group.
• Create detailed RFPs to procure bids from vendors within SLA.
• Contract with selected vendors and monitor SLA compliance.
• Track appraisal progress and communicate statuses to internal stakeholders.
• Conduct risk-based appraisal reviews ensuring regulatory compliance and proper scope.
• Submit revision requests to vendors for credible final reports.
• Maintain vendor scorecards and manage vendor invoicing.
• Assist Chief Appraiser in developing a top-tier vendor panel and on special projects.

Skills

Commercial appraisal

Regulatory compliance

Vendor management

Stakeholder communication

Education

Bachelor's Degree from an accredited university

Job description

Full job description

Assistant Chief Commercial Appraiser

The Assistant Chief Commercial Appraiser role will be responsible for securing bid proposals, engaging third-party appraisers, monitoring progress through appraisal completion/delivery, and completing risk-based appraisal reviews on commercial real estate appraisals for all Bank lending groups, including the Special Assets Group. The role will be accountable for meeting established goals or Service Level Agreements (SLA's) throughout appraisal process. These goals include ensuring timely delivery of the report, ensuring third‑party fees are reasonable (in relation to the transaction amount, geographic location and the complexity of the property), ensuring appraisal results are properly supported, documented and credible for bank use, completing scorecards on each vendor assigned, and that the appraisal reports are compliant with all regulatory requirements, including FIRREA/Interagency Appraisal and Evaluation Guidelines, USPAP and State Licensing Laws.

Please Note: In addition to Comerica Bank's preferred San Francisco Bay Area office locations, this position may also be performed in Comerica's Footprint - Hybrid (Detroit, MI Metro) and possibly as a fully-remote position.

Position Responsibilities

• Processing of appraisal requests from various commercial lending groups and the Special Assets Group.
• Creating detailed Requests for Proposals (RFP's) to procure bids on each assignment from eligible vendors within established SLA's.
• Contractually engaging the selected vendor within established SLA's.
• Monitoring the progress through appraisal completion/delivery, while adequately communicating appraisal statuses to internal bank associates.
• Completing a risk-based appraisal review of the third-party's appraisal (within established SLA's) to ensure compliance with regulatory requirements, and to ensure the appraisal is based on an appropriate scope of work, employs the appropriate appraisal methodology, is adequately documented, provides reasonable support for appraisal conclusions and is deemed credible for bank use.
• Submitting revision requests (as needed) to the vendor to obtain a credible, final appraisal report suitable for bank use.
• Communicating the status of each assignment with internal bank associates during the appraisal process.
• Completing scorecards for each assignment completed by a third-party vendor.
• Process and submit vendor invoices for approval in a timely manner.
• Assist the Chief Appraiser in establishing and maintaining a performance‑based, top‑tier vendor panel.
• Assist the Chief Appraiser on special projects, appraisal procedures, user guides, audits (internal and external), compliance testing and exams, as needed.

Position Qualifications

• Bachelor's Degree (or higher) from an accredited university
• 7 years of experience in commercial appraisal, with 5+ years appraisal review experience, preferably at a Federally Regulated Institution
• Currently licensed (and in good standing) as a Certified General Real Estate Appraiser
• MAI Designation from the Appraisal Institute, or designation from another professional appraisal organization is considered a plus

Walnut Creek 8:00am - 5:00pm Monday - Friday