Commercial Appraisal Manager
Description
About Us:
At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our associates.
We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.
Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better.
About the Role:
Assists the bank’s Chief Appraiser in the direct management of commercial staff appraisal reviewers of varying skill sets. Provides mentoring to staff as needed to increase staff’s compliance with bank and department specific policies and procedures. Takes ownership of monitoring the commercial review team’s performance expectations and develops performance reviews of staff review appraisers. Procures, engages, and reviews complex and non-complex commercial valuation products delivered to the bank to ensure compliance with USPAP, FIRREA, IAEG, and Columbia Bank policy. Communicates with partnering lines of business to address appraisal or collateral risk issues. Provides subject matter expertise to address escalations and/or reconsiderations of appraisal concerns from internal partners or external vendors. Works closely with lending teams and credit approvers to better define the valuation needs required for the credit lending decision. Participates in the development of commercial appraisal bank policy and guidelines, appraisal review forms, and system of record requirements.
- Monitor staff review appraiser quality and performance expectations.
- Leads the RFP and engagement of third-party approved vendors for appraisal and evaluation assignments.
- Monitors REVS commercial pipeline for timely delivery based and department benchmarks.
- Periodically, reviews or assists in the review of incoming complex valuation products for credible methodology and compliance with SOW, USPAP, FIRREA, IAEG, and bank policy.
- Provides management with oversight of pipeline volume in relation to available resources.
- Takes ownership of specific team budget in relation to overall department budget goals.
- Assures compliance with Fair Lending Practices and Appraisal Independence
- Provides subject matter expertise on commercial appraisal methodology and appraisal regulatory requirements. Ability to communicate these requirements as applicable to address valuation questions from line of business partners and/or auditors.
- May prepare FIRREA compliant appraisals, appraisal validations, corrective appraisal reviews and/or evaluations for the bank.
- Assists Special Assets and Credit Quality with impairment analysis for real estate secured credits, as needed.
- Mentors the appraiser review staff and encourages increased competency in all aspects of commercial valuation, policy and procedures.
- Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
- Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
- Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
- May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
- Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
- Takes personal initiative and is a positive example for others to emulate.
- Embraces our vision to become “Business Bank of Choice”
- May perform other duties as assigned.
About You:
- Bachelor’s degree in business or related field or the equivalent in education and experience required.
- 10+ Years of experience in relevant commercial appraisal review, appraisal field work, management of appraiser review staff or combination of all required.
- Certified General Appraisal State Certification required.
- Strong multi-state experience reviewing real estate appraisals. Real estate property type specific expertise and national review experience a plus.
- Ability to obtain and maintain additional appraisal licensing in multi states upon business unit request.
- Experience managing appraiser teams of varying skill sets and/or valuation procurement processes a plus
- Sound judgement and strong analytical and problem-solving skills, and business acumen
- Advanced knowledge of appraisal policies, procedures, practices, and documentation
- Excellent written and verbal communication
- Ability to work independently making timely and sound decisions. Escalate collateral risk concerns swiftly and clearly.
- Ability to work at all levels of the organization and maintain mutually beneficial working relationships cross-functionally.
- Computer and software proficiency including but not limited to Word, Excel, Outlook, PowerPoint, and other more specific appraisal related software applications and misc data aggregators.
- Proven ability to lead and develop high-performing teams, with strong skills in conflict resolution, performance management, and fostering a collaborative work environment
Job Location(s): Ability to work fully onsite at posted location(s).
Within Columbia Bank Footprint
Our Benefits:
We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $125,000 to $175,000, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity:
Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected].
To Staffing and Recruiting Agencies:
Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.