APPRAISAL ANALYST

WHAT IS THE OPPORTUNITY?

The Appraisal Analyst will make decisions on collateral as a function of the Bank's due diligence, as it pertains to risk exposure on residential real estate. The Appraisal Analyst will ensure that the Bank receives regulatory-compliant appraisals and evaluations that are prepared in accordance with internal policy and standards, Uniform Standards of Professional Appraisal Practice (USPAP), and other regulatory guidelines. Responsibilities include screening, engaging, reviewing, and managing appraisal related workflow.

What you will do

• Conduct reviews of appraisals and other valuation products, by approving or declining the reports. This will include Owner occupied or Tenant Occupied, Single Family, Condos and PUD units with a loan amount of $0- $1,000,000.

• Analyzes the reasonableness of the appraisals to confirm reported value is supported for financing purposes while evaluating report completion methodology.

• Maintain knowledge of and adhere to CNBs internal compliance policies and procedures

• Complies with legal and regulatory requirements including appraisal industry's concepts and practices

• Ensure compliance with applicable federal, state and local laws and regulations.

• Complete all required compliance training.

• Take responsibility to keep up to date with changing regulations and policies.

• Maintain appraisal training and development education

• Works closely with Chief Residential Appraiser and other Residential Appraisal Department staff.

• Perform other responsibilities as directed by the Team Leader or other Sr. Management

Must-Have*

• H.S. Diploma

• Minimum 2 years of recent appraisal review and/or underwriting experience

• Minimum 2 years of Microsoft Word, Excel, PowerPoint and Outlook

Skills and Knowledge

• Associates Degree preferred (concentration in Business, Real Estate or Finance) or 3 years equivalent years of experience in lieu of degree will be considered.

• Knowledge of real property, terms, types of ownership in real estate, deeds, mortgages, etc.

• Working knowledge of RIMS is preferred

• Real Estate Appraisal Analysis experience preferred.

• Capable of completing evaluation analysis of residential properties.

• Ability to recognize deficiencies in appraisals and evaluation reports.

• Basic knowledge of USPAP (Uniform Standards of Professional Appraisal Practice) preferred.

• Knowledge of lending operations and/or appraisal department policies and procedures.

• Can work effectively in a team environment but also a self-starter able to work independently.

• Effectively manage multiple deadlines and projects.

• Good Oral and Written Communications skills.

• Good Analytical/Math skills.

• Ability to work with a sense of urgency.

• Familiar with secondary market collateral guidelines.

Compensation

Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

*To be considered for this position you must meet at least these basic qualifications

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.