Comm Appraisal Services Conslt.

NBMBAA; Charlotte (NC); On-site; USD 110,000 - 150,000; Full time

Job summary

Bank of America is seeking a senior appraisal procurement professional to oversee commercial real estate appraisal engagements, scope work, bid, award, and manage external vendors. You will review contractor performance, ensure contract compliance, and perform quality assurance across appraisal and consulting services.

The role requires an active real estate appraisal credential, 5+ years of CRE experience, and the ability to work independently in a remote setting, with preferential

Qualifications

• Active State-Certified General Real Estate Appraisal Credential
• 5+ years commercial real estate appraisal experience
• Intermediate proficiency in Argus and/or Rockport Val, Excel
• Basic proficiency in Word
• In-depth working knowledge of valuation theory and methodology for commercial and residential appraisals
• Able to write concise technical opinions in language comprehensible to expert and layman alike
• Able to work independently in a remote setting
• Commercial appraisal review experience for federally-regulated banking institution or equivalent highly preferred
• Able to adapt to new technology and changes to recognized valuation methods and techniques

Responsibilities

• Scope requests for services and manage bidding processes
• Select prequalified vendors and issue RFPs
• Execute awards and monitor vendor performance
• Review reports for contract compliance; grade performance
• Perform detailed quality assurance reviews
• Invoice preprocessing and validation
• 1st-level business and vendor dispute resolution (e.g. vendor selection, utilization frequency, invoicing)

Skills

CRE appraisal expertise

Vendor management

Independent remote work

Technical writing of opinions

Valuation theory knowledge

Education

Bachelor's degree or equivalent

MAI designation

Tools

Argus and/or Rockport Val

Excel

Word

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Orders and reviews appraisals and evaluations used for commercial real estate lending and provides appraisal and consulting services to all lines of business and transaction-specific professional guidance. Specific responsibilities include, but are not limited to, scoping requests for services, bidding process, award process, managing external suppliers and appraisal review. Additional responsibilities may include client team training; supervisory responsibilities, including management of procurement or review teams; and/or management of external reviewers.

Evaluates valuation requests for policy/regulatory compliance:

• Develops vendor statements of work for each order
• Selects prequalified vendors and distributes RFPs
• Executes award and monitors vendor performance
• Reviews reports for contract compliance; grades performance
• Performs quality assurance (detailed) reviews
• Invoice preprocessing and validation
• 1st -level business and vendor dispute resolution (e.g. vendor selection, utilization frequency, invoicing, etc.)

Required Skills:

• Active State-Certified General Real Estate Appraisal Credential
• 5+ years commercial real estate appraisal experience
• Intermediate proficiency in the use of the following software applications: Argus and/or Rockport Val, (cash flow software), Microsoft Excel (spreadsheet).
• Basic proficiency in other department programs including: Microsoft Word (word processing)
• An in-depth working knowledge of valuation theory and methodology for commercial and residential appraisals
• Able to write concise technical opinions in language comprehensible to expert and layman alike
• Able to work independently in a remote setting
• Commercial appraisal review experience for federally-regulated banking institution or equivalent highly preferred
• Able to adapt to new technology and changes to recognized valuation methods and techniques

Desired Skills:

• 2+ years commercial appraisal review experience for federally regulated banking institution or equivalent
• MAI designation
• Bachelor’s degree (financial degree or equivalent)

Shift:

1st shift (United States of America)

Hours Per Week:

40