Citizens Bank Phoenix, AZ 85067
The Appraisal Analyst III will be a contributing member of the Collateral Risk Management Team. In this role you 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 III performs moderately complex internal real estate appraisal reviews for 1–4 family properties for compliance with corporate policy and secondary standards; such as Uniform Standards of Professional Appraisal Practice (USPAP), Fannie Mae, Freddie Mac, and HUD guidelines.
+ Conducts reviews of complex appraisals within delegated authority limits
+ Ensures eligibility and collateral underwriting guidelines are met
+ Analyzes the reasonableness of the appraisals to confirm reported value is supported for financing purposes while evaluating report completion methodology.
+ Decisions report: Approve or decline the reports to be utilized in the lending decision
+ Meets or exceed daily and monthly production requirements
+ Reports inconsistencies and irregularities on appraisals
+ Place revisions as necessary to obtain clarification and additional supporting explanations and/or data as deemed necessary
+ Escalate any quality or service issues to Management
+ Adheres to bank policies and procedures and complies with legal and regulatory requirements including appraisal industry’s concepts and practices
+ Perform other responsibilities as directed by the Team Leader or other Sr. Management.
+ Level 3: 3+ year as FHA DE underwriter, VA/SAR underwriter, or Conventional senior mortgage underwriter with extensive conventional appraisal review/decision, former collateral analyst or collateral underwriter
+ Level 3C: 3+ years certified residential appraiser with appraisal review experience
+ Extensive knowledge of USPAP (Uniform Standards of Professional Appraisal Practice) and general appraisal techniques and analysis
+ Proficient with Microsoft Word, Excel, and Outlook.
+ Knowledge of all types of real property, terms, types of ownership in real estate, deeds, mortgages, etc.
+ Ability to recognize deficiencies in appraisal reports and changes in market trends and conditions.
+ Able to multitask with effective and proficient communication skills.
+ Ability to work with a sense of urgency
+ Familiar with secondary market collateral guidelines
+ Recent and extensive appraisal review experience of complex properties
Hours and Work Schedule
Hours per week: 40
Work Schedule: 8:30am - 5:00pm, Monday - Friday
Location: Flexible - Riverside, RI or remote/work at home
*Position not available in Colorado
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment Opportunity
It is the policy of Citizens to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, colleague or a dependent’s reproductive health decision making, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, genetic characteristic, citizenship, veteran or military status, marital or domestic partner status, family status/parenthood, victim of domestic violence, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.