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Ridgewood Savings Bank · 3 hours ago

Commercial Review Appraiser-Onsite (Lake Success, NY)

Lake Success, NY

Full-time

Onsite

Senior Level

$95K/yr - $135K/yr

5+ years exp

Ridgewood Savings Bank is seeking to expand their Appraisals Team with a Commercial Review Appraiser. The role involves reviewing third-party appraisals to assess the market value of commercial real estate, supporting the mortgage lending process and ensuring compliance with regulations.

BankingFinancial ServicesInsurance

Responsibilities

Conduct thorough reviews and analyses of completed appraisal reports of income-producing properties, including multifamily, office, mixed-use, and retail

Ensure that valuations are reasonably supported, credible, and compliant with federal and state regulations, USPAP (Uniform Standards of Professional Appraisal Practice), FIRREA, bank policies and guidelines, and industry standards

Opine on the overall reasonableness and reliability of the appraisal reports received

Review, analyze, render, and communicate decisions regarding the acceptance of appraisals performed by third-party vendors

Complete internal appraisal assignments for use in loan underwriting decisions

Engage in regular communication with and serve as an advisor to Loan Officers and Executive Management on appraisal and real estate valuation matters

Conduct property site inspections, as needed

Perform other duties of the Bank and Department, which may be required from time to time

Qualification

New York State General Appraiser Certification License5+ years appraisal experienceMicrosoft Office SuiteReal estate database knowledgeProblem-solving skillsCommunication skillsOrganizational skills

Required

Minimum 5+ years of recent experience appraising and/or reviewing complex multifamily residential, mixed-use, and/or commercial properties

New York State General Appraiser Certification License (Current and in Good Standing) is required

Ability to communicate clearly and concisely in both written and verbal form

Ability to solve problems involving multiple facets of variables in non-standardized situations

Software proficiency in Microsoft Office Suite, including Outlook

Knowledgeable, experienced, and familiar with various property types, including office, retail, multifamily, and cooperatives throughout the New York Metropolitan Area

Good organizational and management skills and ability to work independently

Knowledge of commonly used real estate database sources includes RealQuest, Comps Inc., CoStar, and Multiple Listing Service