Collateral Risk Lead — Appraisals & Vendors Hybrid

Amalgamated Bank; New York (NY); Hybrid; USD 150,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Amalgamated Bank is seeking a Collateral Risk Manager to oversee procurement, coordination, and administration of third-party collateral reports for commercial real estate lending and portfolio management.

The role focuses on workflow management, vendor communication, appraisal review, invoice processing, and regulatory compliance, requiring strong organizational skills and USPAP knowledge. The position offers a hybrid work setup and competitive base pay.

Qualifications

• Minimum 7 years of experience appraising and/or reviewing.
• Minimum 4 years of experience working in a regulated financial institution.
• Must have clear understanding of USPAP.
• Strong administrative and organizational skills.
• Proficiency in Excel, Word, and workflow systems.
• Experience coordinating 3rd party vendors.
• Certified General appraisal license.

Responsibilities

• Manage the procurement and coordination of third-party collateral reports (appraisals, environmental reports, PCRs/PCAs).
• Direct appraisal lifecycle: scoping, vendor assignment, review, acceptance.
• Maintain valuation independence and regulatory firewalls.
• Evaluate 3rd party reviews for credibility and compliance.
• Coordinate onboarding of valuation, environmental, and engineering vendors.

Skills

Vendor coordination

Regulatory compliance

Attention to detail

Administrative skills

USPAP knowledge

Communication

Time management

Education

Certified General appraisal license

Tools

Excel

Word

Workflow systems

Collateral 360

Job description

Amalgamated Bank is seeking a Collateral Risk Manager to oversee procurement, coordination, and administration of third-party collateral reports for commercial real estate lending and portfolio management.

The role focuses on workflow management, vendor communication, appraisal review, invoice processing, and regulatory compliance, requiring strong organizational skills and USPAP knowledge. The position offers a hybrid work setup and competitive base pay.