Director of Real Estate Appraisal & Risk Oversight

Old Second National Bank; Downers Grove (IL); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

Annual incentive plan

Job summary

Old Second National Bank seeks a Head of Appraisal Review to lead the bank's appraisal and environmental due diligence program, ensuring regulatory compliance and independent assessments across residential and commercial real estate. The role requires directing staff, managing vendor relationships, and upholding appraisal quality in a fast-paced environment.

Hybrid work arrangement with potential remote components; strong emphasis on policy adherence, credit risk management, and staff

Qualifications

• Bachelor's degree in business, finance, real estate or related discipline, or equivalent demonstrated work experience.
• Five or more years of commercial real estate valuation experience.
• Active Certified General Real Estate Appraiser credential in good standing.
• Strong knowledge of regulatory appraisal requirements.

Responsibilities

• Lead the daily operations of the Appraisal Department, including workload allocation and quality control.
• Direct, coach, and develop Appraisal Department staff and manage performance.
• Establish department goals, productivity standards, and service-level expectations.
• Perform appraisal reviews for various property types to ensure compliance with policies and regulatory requirements.
• Review environmental reports and prepare internal reviews.
• Monitor vendor performance and manage engagement with appraisal/environmental vendors.

Education

Bachelor's degree in business/finance/real estate

Tools

C360

RIMS

Job description

Old Second National Bank seeks a Head of Appraisal Review to lead the bank's appraisal and environmental due diligence program, ensuring regulatory compliance and independent assessments across residential and commercial real estate. The role requires directing staff, managing vendor relationships, and upholding appraisal quality in a fast-paced environment.

Hybrid work arrangement with potential remote components; strong emphasis on policy adherence, credit risk management, and staff