Sr Staff Appraiser/Team LeaderValley National Bancorp

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  • Not-remote
  • Full-time
  • Total comp
    Expected total yearly pay with bonus and equity at target, including any base pay.
  • Salary
  • Wayne, NJ

Job Summary

Responsibilities include but are not limited to:
  • Supervise commercial and residential review appraisal staff.
  • Assistant to Department Manager in all responsibilities, specifically when the Department Manager is not in the office.
  • Assist in the implementation and administration of Appraisal Guidelines, policies and procedures for residential and commercial appraisals.
  • Maintain contact with various departments to monitor the pipeline of appraisals and resolve problems relative to requests and review of appraisals.
  • Maintain and expand list of approved appraisers for commercial and residential properties, as well as for business and FF-E valuations within all regions served by Valley National Bank or its affiliates.
  • Bid appraisal jobs to outside appraisal firms and engaging them to perform the assignments for Valley National Bank as well as assuring a reasonable turn around time for completion.
  • Oversee appraisal requests to ensure that the skill level outside fee appraisers is sufficient and that the fee quotes are reasonable.
  • Review appraisals to insure that the methodology, market data and analyses are reasonable and that the reports conform to USPAP and Valley National Bank standards.
  • Direct administrative personnel relating to the processing and tracking of appraisal requests and maintaining appraisal files.
  • Travel to properties for appraisal inspections and related fieldwork as needed.
  • Assist in the implementation of new technology and software applicable to the appraisal department.
  • Prepare performance appraisals for staff members.
Required Skills:
  • PC Computer Skills - Microsoft Word, Excel and lease analysis software such as Argus, Project and DynaLease.
  • Knowledge of USPAP, FIRREA, OCC, HVCC and FNMA /FHLMC guidelines and regulations pertaining to Real Estate appraisals.
  • Excellent verbal and written communication skills.
  • Ability to prioritize and organize assignments.

Required Experience:

  • High School Diploma or GED and a minimum of five years of experience in appraising commercial, industrial and special use properties.
  • A qualified candidate should have successfully completed Appraisal Institute courses through Capitalization A - B.
  • Must be affiliated with a major appraisal organization such as the Appraisal Institute, Independent Fee Appraisers or American Society of Appraisers.
  • State Certified General Real Estate Appraiser.
  • Bachelor's degree (B. A.) from four-year college or university preferred.
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