What are the responsibilities and job description for the Residential Reviewer position at MountainSeed Appraisal Management LLC?
GENERAL SUMMARY:
This Residential Reviewer fills a remote role (work from home) in MountainSeed’s Appraisal Review Department. The Residential Reviewer will be performing Standard 3 and 4 appraisal reviews for residential properties. The appraisal reviews are conducted on MountainSeed’s review form. The scope of work consists of a desk review and does not include an opinion of value and there is no confirmation of data. All communications, including uploading and downloading of reports, occurs via email or our web portal. There is no printing, mailing, hard copies, etc.
DUTIES AND RESPONSIBILITIES:
- Perform detailed technical and compliance reviews on residential real estate appraisals, USPAP Standard 3 & 4
- Ensure that valuations are reasonably supported, credible and compliant with federal and state regulations, USPAP, FIRREA, bank policies and guidelines, and industry standards
- Ensuring all communication is conducted by ValuTrac system
- Communicate with appraisers for any report corrections and/or revisions
- Evaluate appraiser quality of work and provide feedback for maintenance of the Bank’s appraisal panel
- Respond to inquiries from production staff, underwriters, and members of management regarding review decisions to resolve issues
- Apply for and maintain multiple state licenses to serve our clients
- Be able to commute for MountainSeed special projects
- Provide support to all areas of real estate lending as needed; demonstrate superior customer service to appraisers and employees
- Attend ongoing training for Commercial Real Estate Appraisal and Appraisal Reviews
- Attend Weekly team meetings
QUALIFICATIONS AND EXPERIENCE:
- Minimum - Certified residential appraiser credential in at least one state
- Additional state licenses a plus
- At least five (5) years of real-estate appraisal review experience working with or for regulated financial institutions
- Bachelor’s degree in accounting, finance, economics or related field
- Familiarity with Residential Real Estate Appraisal terminology and the appropriate application of appraisal valuation techniques, appraisal methodology and understanding of appraisal theory.
- Knowledge of residential mortgage operations.
- Attention to detail for the identification of Errors and Omissions.
- Manage difficult problems involving multiple facets and variables in non-standardized situations.
- Successfully prioritize work assignments of varying complexities, track progress of said assignments, demonstrate strong organizational skills and complete work within established deadlines.
- Software proficiency in Microsoft Office Suite and Outlook.
- Establish and maintain effective and professional working relationships.
- Effective written and verbal communication skills.
- Maintain confidentiality.