The Real Estate Specialist is responsible for managing and enhancing Northern Bank’s collateral valuation program for all real estate lending activity in adherence to all applicable federal and state regulations.
Conduct compliance and desk reviews of appraisals and environmental reports to ensure adherence with Bank Policy and Guidelines, Uniform Standards of Professional Appraisal Practice (USPAP), and the EPA All Appropriate Inquiry Rule.
The following information aims to provide potential candidates with a better understanding of the requirements for this role.
ESSENTIAL FUNCTIONS
- Engage appraisers and environmental professionals as appropriate for the Bank’s real estate related transactions.
- Select, monitor, and evaluate the performance of appraisers and environmental professionals.
- Maintain an approved vendor list as well as policy and procedures for compiling such list.
- Determine the level of and perform the review of appraisals and environmental reports which will be used to support Bank's decision to complete a real estate transaction.
- Document the findings of commercial and residential appraisals upon receipt and determine whether the Bank should accept said report.
- Communicate directly with appraisers and environmental professionals in conjunction with such review on an as needed basis.
- Work with the Bank’s Portfolio Management Team to enhance the Bank’s reporting of collateral information.
- Perform internal real estate valuations as needed on collateral which is determined to not need a 3rd party appraisal report.
- Assist the loan review staff with re-valuations of real estate as needed.
JOB QUALIFICATIONS
Minimum Three (3) years of experience in Real Estate Appraisals involving commercial real estate (multi-family, office, industrial, hospitality;
special purpose properties, etc.) and residential real estate.
- State Certified Appraiser with M.A.I. designation is preferred but not required.
- Must possess related regulatory knowledge and experience including FIRREA and USPAP.
- Must possess strong organizational and computer skills.
- Bachelor's Degree in Real Estate, Finance, Accounting or Economics preferred.
J-18808-Ljbffr
Real Estate Sales Listing Specialist
Nationally recognized real estate in the Greater Boston area and ranked as the #1 Keller Williams team in Massachusetts in 2023 & 2023 with over a billion dollars in residential real estate sales over the past 20 years. Our top real estate agency is looking for a Listing Agent to join our team! ...
Sports Entertainment Real Estate Sales Specialist
Ignite Your Career in Sports and Entertainment Real Estate!*. Are you ready to dive into the thrilling world of Sports and Entertainment Real Estate? Whether you're a seasoned pro or just starting out, this is your chance to learn from the best and catapult your career to new heights. Apply now ...
Ap Specialist (real Estate)
Real estate experience is required to be considered for this position. The ideal candidate should have a solid background in real estate and expertise in Yardi or Avid Exchange. Accounts Payable within real estate operations. We are looking for an experienced Accounts Payable Specialist to join our ...
Realty Specialist (real Estate Portfolio Specialist)
Your experience must also demonstrate detailed knowledge of commercial real estate principles, practices, markets, and procedures sufficient to value interests in real property and evaluate lease proposals, rental rates, terms for initial space alterations and building quality, i. Strategic Facility...
AP Specialist (Real Estate)
Real estate experience is required to beconsidered for this position. The ideal candidate should have a solid background in real estateand expertise in Yardi or Avid Exchange. Accounts Payable within real estateoperations. We arelooking for an experienced Accounts Payable Specialist to join our team...
AP Specialist (Real Estate Experience) -$65K base
AP Specialist (Real Estate Experience) -$65K base. Process and manage invoices and payments for an extensive real estateportfolio. Accounts Payable experience, specifically inreal estate. ...
AP Specialist (Real Estate Experience) -$65K base
AP Specialist (Real Estate Experience) -$65K base. Process and manage invoices and payments for an extensive real estateportfolio. Accounts Payable experience, specifically inreal estate. ...
Sports Entertainment Real Estate Sales Specialist
Ignite Your Career in Sports and Entertainment Real Estate!*. Are you ready to dive into the thrilling world of Sports and Entertainment Real Estate? Whether you're a seasoned pro or just starting out, this is your chance to learn from the best and catapult your career to new heights. Apply now and ...
AP Specialist (Real Estate)
The ideal candidate should have a solid background in real estateand expertise in Yardi or Avid Exchange. Accounts Payable within real estateoperations. We arelooking for an experienced Accounts Payable Specialist to join our team inBoston, MA. ...
Real Estate Sales Listing Specialist
Nationally recognized real estate in the Greater Boston area and ranked as the #1 Keller Williams team in Massachusetts in 2023 & 2023 with over a billion dollars in residential real estate sales over the past 20 years. Our top real estate agency is looking for a Listing Agent to join our team! ...