JOB BRIEF
Primary Function is reviewing residential real estate appraisals, communicating with Appraisal Management Company (AMC) vendor during the review process, coordinate with underwriters and AMC for appraisal disputes.
*This position can be located anywhere.
ESSENTIAL JOB FUNCTIONS
Be knowledgeable of federal appraisal regulations, USPAP and bank policies. Be able to communicate and interpret all appraisal policies to the line of business, underwriting staff and credit officers.
Be responsible for the review of residential real estate appraisals of complex and non-complex, appraisal reports. Assignments will include Fannie Mae, Freddie Mac, and non-conforming loan appraisals. Must be able to perform USPAP compliant reviews and reconcile issues with the appraisal with the AMC when necessary.
Provide the line and credit functions, as requested, market resource information and trends that effect residential property values and market conditions as required.
Be responsible for maintaining the highest level of appraisal proficiency and market knowledge through the attendance of seminars and continuing education classes.
REQUIRED QUALIFICATIONS
Possess a minimum of one year of pertinent residential real estate appraisal review experience. Must possess excellent oral and written communication skills. Must possess basic competency in all software typically in the industry such as: Outlook, Microsoft Word and Excel and other appraisal database tracking systems.
Hold a valid, active license at a minimum level of licensed appraiser
PREFERRED QUALIFICATIONS
Prior residential review experience with either a Bank or an AMC is preferred
Prior experience with Collateral Underwriter is preferred
Prior experience with CMS is preferred
An undergraduate degree in Business, Finance or Real Estate
SRA and/or AI-RRS designation is preferred
Salaried – all otherThis position is eligible to earn a base salary in the range of $60,000 to $65,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click [ Link removed ] – Click here to apply to Residential Appraisal Reviewer for a list of benefits for which this position is eligible.
FLSA STATUS:
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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