Primary Location:
Walnut Creek
Locations:
Walnut Creek, CA US
Additional Locations:
Walnut Creek; Comerica Great Lakes Campus; 17 Cowboys Way; Walnut Creek-East Bay Regional Office
Job Type:
Full-time
WorkBest Job Category:
Category C – Days in the office will either be designated days or will vary week to week from 2-5 days
Job Category:
Risk/Audit/Fraud
Required Experience:
3-7 years
Overtime Status:
Exempt
Job ID:
246370
Assistant Chief Commercial Appraiser
- Processing of appraisal requests from various commercial lending groups and the Special Assets Group.
- Creating detailed Requests for Proposals (RFP’s) to procure bids on each assignment from eligible vendors within established SLA’s.
- Contractually engaging the selected vendor within established SLA’s.
- Monitoring the progress through appraisal completion/delivery, while adequately communicating appraisal statuses to internal bank associates.
- Completing a risk-based appraisal review of the third-party’s appraisal (within established SLA’s) to ensure compliance with regulatory requirements, and to ensure the appraisal is based on an appropriate scope of work, employs the appropriate appraisal methodology, is adequately documented, provides reasonable support for appraisal conclusions and is deemed credible for bank use. This role includes submitting revision requests (as needed) to the vendor to obtain a credible, final appraisal report suitable for bank use.
- Communicating the status of each assignment with internal bank associates during the appraisal process.
- Completing scorecards for each assignment completed by a third-party vendor.
Process and submit vendor invoices for approval in a timely manner. - Assist the Chief Appraiser in establishing and maintaining a performance-based, top-tier vendor panel.
- Assist the Chief Appraiser on special projects, appraisal procedures, user guides, audits (internal and external), compliance testing and exams, as needed.
- Bachelor’s Degree (or higher) from an accredited university
- 7 years of experience in commercial appraisal, with 5+ years appraisal review experience, preferably at a Federally Regulated Institution
- Currently licensed (and in good standing) as a Certified General Real Estate Appraiser
- MAI Designation from the Appraisal Institute, or designation from another professional appraisal organization is considered a plus
Walnut Creek8:00am – 5:00pm Monday – Friday
Salary:
For candidates hired in the state of California, Colorado, Washington, New York the expected salary/On-Target Earnings (OTE) range for the role is currently:
- California – $87,600 – $176,400 Annually
Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer’s work location to determine the pay range.