Apply on Employer Site

Valley Bank · 1 day ago

Staff Appraiser - Commercial

Wayne, NJ

Full-time

Onsite

Mid Level

3+ years exp

Valley Bank is a leading relationship bank built for growth with nearly 100 years of experience and over $60 billion in assets. The Staff Appraiser - Commercial is responsible for reviewing and performing written appraisal reports on commercial and special-use properties, ensuring compliance with underwriting standards.

Banking

H1B Sponsor Likely

Responsibilities

Maintain contact with various departments to resolve problems relative to requests for appraisal work

Monitor and evaluate the impact of changes in the commercial appraisal profession and recommend changes in official Valley National Bank Appraisal policies and procedures as appropriate

Responsible for processing appraisal requests and customer billing to ensure that the skill level of outside fee appraisers is sufficient and that the fee quotes are reasonable

Review appraisals to ensure that the methodology, market data and analysis are reasonable and that the report conforms to USPAP and Valley National Bank standards

Travel to properties for primary inspections as well as Field Construction Inspections

Search, Set-up and review of new appraisal firms for FF-E and Business Valuations for new territories which the bank has expanded into

Make specific recommendations for the addition of Commercial and Special-Use Property Appraisers to Valley National Bank's Approved Appraiser List

Perform appraisals for various departments within the bank, including the commercial loan department for Quality Control Purposes and validation of samples. These appraisals are performed monthly on a sample group of closed loans to meet underwriting guidelines

Review quality control appraisals performed by outside appraisal firms to the results of the original appraisals and track results

Review environmental reports to ensure that the methodology, market data and analysis are reasonable and that the report conforms to ASTM and Valley National Bank standards

Qualification

USPAP knowledgeCommercial Real Estate appraisalPC skillsLease analysis softwareMarket analysisBachelor's DegreeVerbal communicationWritten communicationOrganizational skills

Required

Intermediate PC skills including email, Microsoft Word, Excel and lease analysis software such as Argus, Project and DynaLease

Knowledge of USPAP, Interagency Appraisal guidelines, OCC and HVCC guidelines and regulations pertaining to Commercial Real Estate appraisals

Excellent verbal and written communication skills

Ability to prioritize and organize assignments

Ability to independently conduct market analysis

High School diploma or GED and a minimum of three years' experience in appraising commercial and special-use properties

State Certified General Real Estate Appraiser License and valid driver's license

Preferred

Bachelor's Degree (B. A.) from four-year college or university preferred

Company

Valley Bank

Glassdoor3.2

Valley National Bank is a regional financial institution

Founded in 1927

Wayne, New Jersey, USA

1001-5000 employees

https://www.valley.com/

H1B Sponsorship

Valley Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (13)

2023 (7)

2022 (11)

2021 (5)

2020 (5)