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 ThinkingFinancial Forecasting and ModelingBusiness IntelligenceFinancial AnalysisInterpret Relevant Laws, Rules, and RegulationsRisk ModelingValuation Ethics and Practice StandardsAttention to DetailPrioritizationProblem SolvingReportingVendor 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 orderSelects prequalified vendors and distributes RFPsExecutes award and monitors vendor performanceReviews reports for contract compliance; grades performancePerforms quality assurance (detailed) reviewsInvoice preprocessing and validation1st -level business and vendor dispute resolution (e.g. vendor selection, utilization frequency, invoicing, etc.)

Required Skills:

Active State-Certified General Real Estate Appraisal Credential5+ years commercial real estate appraisal experienceIntermediate 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 appraisalsAble to write concise technical opinions in language comprehensible to expert and layman alikeAble to work independently in a remote settingCommercial appraisal review experience for federally-regulated banking institution or equivalent highly preferredAble 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 equivalentMAI designationBachelor’s degree (financial degree or equivalent)

Shift:

1st shift (United States of America)

Hours Per Week: 

40