Head of Appraisal & Environmental Review — Hybrid

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

Job summary

Old Second National Bank seeks a Head of Appraisal Review to lead the real estate valuation program, ensure regulatory compliance, and manage vendor relationships with a focus on accuracy and timely processing.

The role oversees appraisal and environmental reviews for diverse property types and collaborates with credit teams to support prudent risk management, in a hybrid work environment.

Qualifications

• Bachelor's degree or equivalent with five+ years of commercial real estate valuation experience.
• Experience reviewing environmental assessment and due diligence reports.
• Active Certified General Real Estate Appraiser in good standing; strong regulatory knowledge.

Responsibilities

• Lead daily operations of the Appraisal Department, including workload allocation and service delivery.
• Direct, coach, and develop Appraisal Department staff with clear responsibilities and professional development.
• Establish department goals, productivity standards, and service-level expectations.
• Perform appraisal reviews for residential and commercial real estate types to ensure credibility and regulatory compliance.
• Review environmental reports and prepare internal reviews.
• Collaborate with credit and business lines to ensure timely, accurate appraisals within scope.
• Vendor management: select qualified vendors and monitor performance and turnaround times.
• Monitor real estate market trends and advise on valuation risks.
• Update policies in response to regulatory changes and audit findings.

Skills

Regulatory knowledge

Team leadership (preferred)

Education

Bachelor's degree in business/finance/real estate or related field

Certified General Real Estate Appraiser

MAI Designation (Appraisal Institute)

Tools

C360

RIMS

Job description

Old Second National Bank seeks a Head of Appraisal Review to lead the real estate valuation program, ensure regulatory compliance, and manage vendor relationships with a focus on accuracy and timely processing.

The role oversees appraisal and environmental reviews for diverse property types and collaborates with credit teams to support prudent risk management, in a hybrid work environment.