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Randstad Finance & Accounting - Boston North, MA US
We have a tremendous opportunity with an excellent bank in the Boston North area. The position is a Sr Credit Analyst/Portfolio Manager role on the North Shore. ...
HarborOne Credit Union is a community based credit union, established in 1917, and is now the largest community credit union in New England, with assets over ...
Through ongoing review of appraisals, evaluations and environmental reports performed by independent third party review firms, the incumbent; * Manages external review of reports through third party vendors * Ensures compliance to applicable regulations and mitigates potential losses due to environmental or valuation errors. * Determines the quality and content appropriateness of appraisals and environmental findings. * Determines if appraisal value is sufficient to meet underwriting requirements. * Responsible for the selection of the appropriate appraisal/environmental firm for each assignment based on applicable qualifications, experience, education, and underwriting requirements of specific loans.
Considerations include * Appropriate report format/scope of report/property rights to be appraised on each assignment. * Property type, exposure as well as property specific and/ or loan specific requirements. * Bid requests including the preparation and delivery of bid requests to external vendors
Required Skills
This position requires an individual with 4+ years of appraisal training and/or experience, plus a working knowledge of the Commercial Real Estate Lending procedures and environmental regulations. Required Experience
Bachelor's degree or equivalent required Appraisal Courses- Various appraisal courses as well as appraisal review courses are required and/or will be required upon employment. Courses include both basic appraisal principals and commercial (Income/Capitalization techniques) along with review courses designed primarily to perform desktop reviews of completed appraisal reports. Lending- The ideal candidate will have commercial real estate lending experience along with pior lending coursework. Exposure to Commercial Real Estate lending and a banking environment will enhance the ability of the individual to work within and contribute to the credit function. Job Location Boston, MA, US. Position Type Full-Time/Regular
