[Hiring] Commercial Review Appraiser @Velocity Mortgage Capital

Role Description

Velocity Commercial Capital is seeking to hire a full-time Review Appraiser. This position is open to remote work for candidates residing in California, Florida, Arizona, Texas, Nevada, and Pennsylvania.

A Real Estate Appraisal Analyst is accountable for various functions of real estate valuation for the company and is responsible for maintaining high levels of service and superior quality of the valuation process.

• Upon receipt of the appraisal reports, performs comprehensive appraisal reviews for USPAP, FIRREA, and master credit policy compliance.
• Confirms property level details with data sources and public records to avoid overstating the market value.
• Cash flow analyses and income projections for commercial real estate.
• Requires knowledge base and communication skills to follow-up with vendors and appropriately resolve errors, discrepancies, and valuation issues.
• Assist the Appraisal Coordinator as applicable in the ongoing qualification and documentation of third-party appraiser competencies, areas of coverage, and limitations in RIMS.
• Requires significant interaction with account executives, processors, underwriters, and third-party appraisal vendors. Pro-actively supports Chief Appraiser in administering exceptional appraisal services for the company.
• Provides customer service to internal and external business customers in a professional and timely manner.
• Responsible for maintaining and expanding list of approved appraisers nationwide.
• Monthly revaluations on existing impaired loans.
• Participates in special projects and performs additional duties as assigned by the Chief Appraiser.

Qualifications

• Certified General appraiser license with a minimum of 5 years’ experience.
• Must have excellent knowledge of commercial real estate and appraisal practice.
• Knowledge of USPAP and FIRREA guidelines and regulations pertaining to Real Estate Appraisals.
• Excellent verbal and written communication, customer service, solid analytical skills, organizational and time-management skills.
• Must be professional, a quick learner, take initiative, be detail-oriented, and have excellent follow-through.
• Ability to manage multiple tasks and prioritize workflows.
• Must have strong skills in Word, Excel, and Outlook.

Requirements

• High school diploma or equivalent.

Benefits

• 401(k) with matching contribution.
• Dental insurance.
• Health insurance.
• Life insurance.
• Paid time off.
• Paid Holidays.
• Pet Insurance.
• Vision insurance.
• Flexible Spending Account (FSA).
• Health Savings Account (HSA).

Company Description

Velocity Commercial Capital, LLC is a wholly-owned subsidiary of Velocity Financial, Inc, an NYSE-listed public company. Velocity Commercial Capital is a real estate finance company founded in 2004 that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties.