Job Description

Real Estate Valuations Officer

Reports to Real Estate Valuations Manager

General Summary:

Provides assistance and support to the functions of the Appraisal Department, which primarily includes the ordering and review of appraisals and preparation of evaluations for real estate secured credits. Communicates with external appraisers as well as internal lending personnel regarding appraisal orders, value decisions, and technical aspects of appraisal assignments.

Essential Job Functions:

Perform the ordering, tracking, and receiving of appraisal reports for residential appraisal requests, including the writing, sending, and receiving of engagement letters; and updating of the Appraisal Log.

Provide and review Automated Valuation Model (AVM) reports in support of consumer loan requests.

Assist, as needed, with the ordering, tracking, and receiving of appraisal reports for commercial appraisal requests, as requested, including the writing, sending, and receiving of engagement letters; the processing of and invoices; and updating of the Appraisal Log.

Assist with the receiving, processing, and distribution of appraisal supporting documents (e.g. leases, title reports, rent rolls, operating statements, flood certificates, etc.) for both residential and commercial appraisal requests.

Conduct reviews of residential appraisal reports for SFR, condominium, and TIC properties, and ensure that appraisal reports conform to the Uniform Standards of Professional Appraisal Practices (USPAP) and meet the minimum appraisal standards set forth in the Interagency Appraisal and Evaluation Guidelines.

Conduct reviews of commercial appraisal reports, which includes preparing a summary of salient facts from the reports, as requested, and ensure that appraisal reports conform to the Uniform Standards of Professional Appraisal Practices (USPAP) and meet the minimum appraisal standards set forth in the Interagency Appraisal and Evaluation Guidelines.

Other related duties and projects as assigned

Job Skill Level / Additional Requirements:

Strong understanding of real estate valuation methodologies and valuation approaches and analyses for both residential and commercial real estate.

Strong computer skills including, at a minimum, Microsoft Word, Excel, and Outlook. Experience with DocuSign is helpful.

Strong communication skills, with ability to quickly understand and communicate concepts both verbally and in written form.

Be a team contributor as evidenced by positive attitude toward assisting others with job responsibilities as needed, and treatment of co-workers in a positive and respectful manner. Be able to acknowledge knowledge gaps and ability to receive and act on feedback in a positive manner.

Present a positive and professional appearance/demeanor to both internal and external contacts including other bank employees, vendors, service providers, etc.

Certified General Appraisal License in California required

Professional Experience:

2 – 4 years related experience and/or training.

Educational Experience:

Associate’s degree (A.A.) or equivalent from two-year college or technical school; or equivalent combination of education and experience and/or training.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Language Ability:

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of the organization.

Math Ability:

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Reasoning Ability:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job the employee is occasionally exposed to moving mechanical parts. The

noise level in the environment is moderate.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions While performing the duties of this job the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stoop, kneel, crouch, or crawl.

The employee is occasionally required to lift between 10 and 25 pounds. The vision requirements include: ability to adjust focus, distance vision and close vision.

Adheres to Compliance Policies and Procedures Requirements:

Possesses knowledge to adhere to BSA and other compliance regulations within job function, completes all Bank compliance training in a timely manner, and keeps up to speed on regulations as job requires, executes on compliance matters as needed and adheres to all policies and procedures as required.

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