Residential Review Appraiser

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:
Reviews and analyzes appraisal reports of staff and outside fee vendors for efficacy of their value conclusions, adherence to technical appraisal theory and methodology governing residential real property, and adherence to the Uniform Standards of Professional Appraisal Practice. Adjudicates value conclusion discrepancies. Requires current and working knowledge of the Uniform Standards of Professional Appraisal Practice, and appraisal theory and methodology governing residential real property. Requires appraisal license, at least 5 years of appraisal experience and state certification is preferred.

• Accountable for quality assurance review of valuation products delivered to the Bank.
• Identify, analyze, and report deficiencies in the valuation product under review that are material and may impact the completeness, adequacy, relevance, and credibility of the appraisal report.
• Leads or participates in special project(s) as directed by management. Projects could include topics focused on corrections, reconsiderations, or targeted quality assurance risk concerns, process improvement, policy & procedures, or acting as subject matter expert (SME).
• Maintain knowledge of policy & procedures, Uniform Standards of Professional Appraisal Practice and regulatory guidelines, appraisal theory and methodology governing residential real property.
• Additional duties as assigned.

Required Qualifications:

• Licensed/Certified Residential Appraisal Credential in good standing
• Minimum of 5 years appraisal field experience with complex property assignments
• Ability to obtain multiple state appraisal reciprocal licensing based on regulatory compliance needs
• Thorough understanding of the Uniform Standards of Professional Appraisal Practice, regulatory guidelines, appraisal theory, and methodology governing residential real property
• Strong communication skills, both written and verbal, and ability to deliver a clear and understandable message to a variety of audiences
• Effective listening and comprehension skills
• Ability to research, analyze and resolve complex valuation issues
• Ability to make a swift and supported decisions
• Comfortable with working independently and able to triage escalated deliverables appropriately
• Effective organizational and time-management skills, with the ability to prioritize and maintain production goals
• High School Diploma / GED / Secondary School or equivalent

Skills:

• Attention to Detail
• Quality Assurance
• Record Keeping
• Reporting
• Adaptability
• Collaboration
• Oral Communications
• Problem Solving
• Research
• Business Acumen
• Innovative Thinking

Shift:

Hours Per Week: