Commercial Review Appraiser (26)

Commercial Review Appraiser

This is a remote position and must be based out of First Interstate Bank's footprint including Colorado, Idaho, Iowa, Missouri, Montana, Nebraska, Oregon, South Dakota, Washington and Wyoming.

What's Important to You We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

The Commercial Review Appraiser assists the Chief Appraiser with implementing and administering real estate appraisal policies and procedures for First Interstate Bank as part of the Commercial Valuation Department (CVD), which operates independently of the lending functions of the Bank. This position is expected to contribute to a team-oriented environment with the goal of maintaining a high degree of customer service that advances the overall success of the Bank in concert with our mission of "… being the premier financial services provider in the communities we serve."

Essential Duties And Responsibilities

• Assists in the independent procurement of appraisals and reviews from qualified and geographically competent appraisers in compliance with the Bank's Policy and Procedures, FIRREA, USPAP, and Interagency Appraisal and Evaluation Guidelines (IA&EG); encompasses, oversees, or assists in the management of the valuation processes, including engaging, receiving, reviewing, and distributing appraisal and review reports.
• Provides or procures the completion of independent reviews of appraisals submitted to the bank to ensure that the applied processes and valuation results are credibly derived and are void of conflicts of interest in compliance with the Bank Policy and Procedures, FIRREA, USPAP, and (IA&EG); facilitates an ongoing monitoring process to confirm the accuracy and reliability of appraisals.
• Assists the Chief Appraiser with ensuring proper documentation and record keeping for the department.
• Interacts with fee appraisers and loan officers, acting as a liaison to facilitate the flow of required information to ensure appraiser independence is maintained at all times.
• Acts as a resource for lenders and other team members on appraisal and market related issues, regulatory requirements, and valuation questions.
• Participates in legal and compliance training and other appropriate training as required to maintain knowledge of banking activities, First Interstate Bank products and services, and remain current with laws and regulations.
• Upholds and promotes adherence to all Bank and banking institution regulations, laws, standards, policies, and procedures.
• Provides professional service to internal and external customers; provide support and assistance, including communication support, responding to incoming telephone calls, electronic mail, and voice mail.
• Performs special projects and other related duties as assigned, in support of the daily functions of the Credit Administration Department.

Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's Degree required
• 4-6 years experience in appraising real estate, reviewing real estate appraisals in a lending or fee environment, and/or equivalent combination of education and experience required
• Experience with a variety of property types, valuation methodologies, and ownership interests preferred

Licenses And Certifications

• Certified/Licensed Appraiser required

Physical Demands And Working Environment The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Sitting - Frequently
• Standing - Occasionally
• Noise Level - Moderate
• Typical Work hours - M-F (8-5)
• Regular and Predictable Attendance - Required

Compensation & Benefits We offer a competitive total compensation package including base salary and benefits.The anticipated pay range for this position is $91,300 to $150,700 per year (in CO & WA) and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location.Additionally, this role is eligible to receive annual discretionary cash bonuses.

Benefits available for this position include, but are not limited to, medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at.069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays.

Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with your location.For more information regarding our benefits, please visit