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Ridgewood Savings Bank · 3 hours ago

Assistant Vice President & Commercial Appraisal Officer

Lake Success, NY

Full-time

Onsite

Senior Level, Lead/Staff

$110K/yr - $160K/yr

10+ years exp

Ridgewood Savings Bank is seeking an Assistant Vice President & Commercial Appraisal Officer to conduct thorough reviews and analyses of appraisal reports for income-producing properties. The role involves ensuring compliance with regulations, communicating appraisal decisions, and advising management on valuation matters.

BankingFinancial ServicesInsurance

Responsibilities

Conduct thorough reviews and analyses of completed appraisal reports of income-producing properties, including multifamily, office, mixed-use, and retail

Ensure that valuations are reasonably supported, credible, and compliant with federal and state regulations, USPAP (Uniform Standards of Professional Appraisal Practice), FIRREA, bank policies and guidelines, and industry standards

Opine on the overall reasonableness and reliability of the appraisal reports received

Review, analyze, render, and communicate decisions regarding the acceptance of appraisals performed by third-party vendors

Complete internal appraisal assignments for use in loan underwriting decisions

Engage in regular communication with and serve as an advisor to Loan Officers and Executive Management on appraisal and real estate valuation matters

Order appraisals, complete market research projects, and conduct property site inspections as needed

All other duties, as assigned

Qualification

New York State General Appraiser Certification10+ years appraisal experienceReal estate database knowledgeAnalytical skillsMicrosoft Office Suite proficiencyBachelor's degreeMAIAI-GRS DesignationDegree in AccountingFinanceEconomicsWritten communication skillsVerbal communication skillsOrganizational skillsTime management skillsProblem-solving skills

Required

New York State General Appraiser Certification License (Current and in Good Standing) is required

Minimum 10+ years of recent experience appraising and/or reviewing complex multifamily residential, mixed-use, and/or commercial properties in the New York Metropolitan Area

Reviewer must have strong analytical, written, and verbal skills and be proficient with New York Metropolitan Area Real Estate

Knowledgeable, experienced, and familiar with various property types, including office, retail, multifamily, and cooperatives throughout the New York Metropolitan Area

Knowledge of commonly used real estate database sources, including RealQuest, Comps Inc., CoStar, and Multiple Listing Service (MLS), is a must

Good organizational and management skills and ability to work independently

Software proficiency in Microsoft Office Suite and Outlook

Bachelor's degree required