Comm Appraisal Services Conslt.
Charlotte, North Carolina;Exton, Pennsylvania; Atlanta, Georgia; Dallas, Texas; Scottsdale, Arizona; Chandler, Arizona; Holly Springs, North Carolina; Chandler, Arizona; Birmingham, Alabama; Chicago, Illinois; Jacksonville, Florida
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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:
Orders and reviews appraisals and evaluations used for commercial real estate lending and provides appraisal and consulting services to all lines of business and transaction-specific professional guidance. Specific responsibilities include, but are not limited to, scoping requests for services, bidding process, award process, managing external suppliers and appraisal review. Additional responsibilities may include client team training; supervisory responsibilities, including management of procurement or review teams; and/or management of external reviewers.
Skills:
Critical Thinking
Financial Forecasting and Modeling
Business Intelligence
Financial Analysis
Interpret Relevant Laws, Rules, and Regulations
Risk Modeling
Valuation Ethics and Practice Standards
Attention to Detail
Prioritization
Problem Solving
Reporting
Vendor Management
Orders and reviews appraisals and evaluations used for commercial real estate lending and provides appraisal and consulting services to all lines of business and transaction-specific professional guidance. Specific responsibilities include, but are not limited to, scoping requests for services, bidding process, award process, managing external suppliers and appraisal review. Additional responsibilities may include client team training; supervisory responsibilities, including management of procurement or review teams; and/or management of external reviewers.
Evaluates valuation requests for policy/regulatory compliance:
Develops vendor statements of work for each order
Selects prequalified vendors and distributes RFPs
Executes award and monitors vendor performance
Reviews reports for contract compliance; grades performance
Performs quality assurance (detailed) reviews
Invoice preprocessing and validation
1st -level business and vendor dispute resolution (e.g. vendor selection, utilization frequency, invoicing, etc.)
Required Skills:
Active State-Certified General Real Estate Appraisal Credential
5+ years commercial real estate appraisal experience
Intermediate proficiency in the use of the following software applications: Argus and/or Rockport Val, (cash flow software), Microsoft Excel (spreadsheet).
Basic proficiency in other department programs including: Microsoft Word (word processing)
An in-depth working knowledge of valuation theory and methodology for commercial and residential appraisals
Able to write concise technical opinions in language comprehensible to expert and layman alike
Able to work independently in a remote setting
Commercial appraisal review experience for federally-regulated banking institution or equivalent highly preferred
Able to adapt to new technology and changes to recognized valuation methods and techniques
Desired Skills:
2+ years commercial appraisal review experience for federally regulated banking institution or equivalent
MAI designation
Bachelor's degree (financial degree or equivalent)
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
