State Licensed /Certified Appraisal Review Analyst

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$61,880 - $92,560 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The State Licensed  Appraisal Review Analyst reviews, analyzes, and evaluates 1- 4 family real estate appraisals and valuations for Residential or Consumer loans as well as Loss Prevention reviews produced by appraisal vendors. They correspond with and follow up with appraisers for corrections, clarifications and edits as well as reconciling differences in opinion or perspective.

Depth & Scope:

• Evaluates appraisals of particularly complex or unusual properties, applying experience and expert knowledge
• Performs semi-annual and/or quarterly real estate market updates for region of responsibility; May be called upon to present to local or senior management
• Reviews  loans with a loan amount greater than $2MM
• Assists loan officers, loan processors, underwriters and management by explaining valuation and appraisal issues and educating them on residential real estate issues; May visit properties in question to provide direct evaluation of property and assist with risk analysis (if feasible and warranted)
• May review appraisal reviews of junior reviewers to ensure standards are met; Makes adjustments in methods and procedures as appropriate to ensure compliance
• Reviews content, real estate market surveys, assumptions, and other aspects of appraisals and valuations applying significant industry knowledge and experience to determine adequacy, appropriateness, and reasonableness
• May be called in to opine on market value opinions and be part of credit decisions

Education & Experience:

• Bachelors degree or progressive work experience in addition to experience below.
• 3+ Years of related experience.
• State Certified Appraisers License (SRA and/or MAI or AI-RRS designation preferred).
• Expert knowledge of residential real estate valuation methodology and techniques.
• In depth knowledge of legal and regulatory aspects of residential real estate valuation.
• Strong analytical and evaluative skills with the ability to combine numerous disparate pieces of data into a comprehensive structure to improve evaluative accuracy and effectiveness.
• Excellent interpersonal communications and negotiation skills with the ability to explain interpretive and subjective decisions.
• Good leadership skills including the ability to coach and develop junior reviewers.
• Ability to manage workflow and adapt to changing conditions based on business objectives and priorities.
• Strong prioritization and organizational skills including the ability to establish and change priorities based on sound business reasoning.

Physical Requirements:

• Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous
• The above statements are intended to describe the general na