Appraisal Associate Jobs (NOW HIRING)

This is a remote role that may be hired in several markets across the United States. 

This position supports regulatory compliance within the Bank's real estate appraisal operations at a high level of complexity and ability. Determines the net realizable value of real estate assets, adjusted for the costs associated with the sale. Reviews appraisals to determine the acceptability of methodology, technique, and credibility. Monitors property evaluations to ensure that appraised values are properly supported and reasonable. Ensures compliance with all applicable regulations as well as Bank policies and procedures. Assists real estate-related projects and appraiser audits to mitigate risk. Serves as an appraisal resource to field associates through expert knowledge of real estate, department policies, and regulatory requirements. May provide leadership to less experienced associates in the work group.

• Appraisal Review - Reviews commercial real estate appraisals and property evaluations prepared by independent appraisers to determine the overall quality and reasonableness of appraised values. Ensures compliance with all regulatory requirements as well as internal policies, standards, and procedures. Monitors fee appraiser responsiveness and performance through ongoing audits. Works closely with underwriters, management, and compliance associates throughout appraisal reviews.
• Business Support - Estimates net realizable value of real estate securing loans in default. Makes property inspections, facilitates foreclosure or judgement filing decisions, and performs other tasks that facilitate daily appraisal operations. Resolves issues and assists senior or executive management with projects as necessary. Trains associates within the work group.
• Appraisal Resource - Serves as an expert resource on real estate appraisal policies, general questions, and methods of compliance. Develops and implements policy changes to comply with regulatory requirements. Educates on subjects related to real estate appraisal and review, developing lesson plans and other educational materials. Provides guidance to Bank committees and project teams.
• Quality Assurance - Conducts quality assurance reviews of appraisal reports in compliance with the secondary market, regulations, and Bank guidelines. Identifies discrepancies or missing information, and reports to the appropriate party.

Bachelor's Degree and 8 years of experience in Real Estate Commercial Property appraising OR High School Diploma or GED and 12 years of experience in Real Estate Commercial Property appraising

Preferred Area of Experience: Appraisal review in a financial institution License or Certification Type: State Certified General Real Estate Appraiser, having met all specialized education, testing, and appraisal experience requirements as set forth by The Appraiser Qualifications Board of The Appraisal Foundation and the State(s) in which certified RequiredSkill(s): Knowledge of Real Estate Law and the appraisal process, to include knowledge of current banking laws and regulations.

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.  

The base pay for this position is generally between $100,000.00 and $160,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Bachelor's Degree and 8 years of experience in Real Estate Commercial Property appraising OR High School Diploma or GED and 12 years of experience in Real Estate Commercial Property appraising

Preferred Area of Experience: Appraisal review in a financial institution License or Certification Type: State Certified General Real Estate Appraiser, having met all specialized education, testing, and appraisal experience requirements as set forth by The Appraiser Qualifications Board of The Appraisal Foundation and the State(s) in which certified RequiredSkill(s): Knowledge of Real Estate Law and the appraisal process, to include knowledge of current banking laws and regulations.

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.  

The base pay for this position is generally between $100,000.00 and $160,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.