Senior CRE Risk & Appraisal Reviewer

Citizens; Southfield (MI); On-site; USD 117,000 - 156,000; Full time

Job summary

Citizens in the United States seeks a Senior Risk Reviewer to independently review commercial real estate appraisals of high complexity. You will identify regulatory issues, quantify risk, and memorialize findings for internal customers, Relationship Managers, and Credit Officers.

The role requires 10+ years in diversified appraisal or review, MAI preferred, strong analytical skills, and the ability to work autonomously with minimal supervision.

Qualifications

• 10+ years’ experience in diversified commercial appraisal experience and/or appraisal review positions.
• Thorough knowledge of real estate appraisal and valuations techniques as well as local, regional and national real estate market understanding
• Self-motivated and disciplined
• Ability to work autonomously with limited direct supervision.
• Excellent written and verbal communication skills
• Thorough understanding of USPAP, FIRREA and Interagency Appraisal and Evaluation Guidelines
• Strong working knowledge of PCs; Word, Excel and Access skills preferred.
• Strong analytical and organizational skills.
• Strong oral and written communication skills
• Ability to work as a team player.
• Ability to manage numerous projects simultaneously.
• Flexibility and willingness to assume responsibilities for projects and tasks as assigned.

Responsibilities

• Manage risks associated with the commercial real estate appraisal and evaluation process for a given geographic market and/or assigned lending groups
• Supervisory responsibilities may include administrative supervision and required process oversight, including adherence to internal policies and procedures to ensure regulatory compliance and appraisal industry requirements for assignments
• Real estate risk identification, quantification and consulting (including discounted cash flow (DCF) analysis) for the various commercial lending and credit functions throughout Citizens
• Perform independent commercial real estate appraisal reviews of high complexity/risk properties including memorializing such review in a comprehensive written format for the benefit of internal customers (Relationship Managers/Portfolio Managers; Credit Officers)
• Assist in the scoping and engagement of commercial appraisal/evaluation assignments, including third-party vendor selection, analysis type, report content, report format and contract authorization in accordance with policies and procedures.
• Interact with senior management of Wholesale Credit Risk and Commercial Lending regarding projects especially for those properties that represented a higher degree or real estate risk or otherwise have identified appraisal issues or concerns.
• Manage vendor relationships
• Provide direct, responsive customer service to external vendors and internal customers (i.e., Relationship Managers/Portfolio Managers; Credit Officers) that RERS supports and serve as the primary liaison and point-of-contact with both internal customers and external vendors regarding regulatory requirements, identification and explanation of any issues of concern, and development/application of any potential risk mitigants.

Skills

Risk assessment

Regulatory environment

Due diligence

Analytical reasoning

Building relationships

Communication

Advising

Autonomous work

Education

Bachelor's Degree or Greater

MAI preferred

Certified General Real Estate Appraiser or equivalent

Tools

Word

Excel

Access

Job description

Citizens in the United States seeks a Senior Risk Reviewer to independently review commercial real estate appraisals of high complexity. You will identify regulatory issues, quantify risk, and memorialize findings for internal customers, Relationship Managers, and Credit Officers.

The role requires 10+ years in diversified appraisal or review, MAI preferred, strong analytical skills, and the ability to work autonomously with minimal supervision.