[Remote] Sr. Commercial Review Appraiser

Remote Full-time
Note: The job is a remote job and is open to candidates in USA. City National Bank is a subsidiary of Royal Bank of Canada, focused on helping clients, colleagues, and communities flourish. The Senior Commercial Review Appraiser is responsible for managing the appraisal review process, ensuring compliance with regulations, and providing guidance to the lending team while minimizing risk in real estate secured loans. Responsibilities • Primary responsibility is to manage the full process of a valuation request from the procurement of the appraisal report to the completion of the review report • Develops scope of work for soliciting appraisals bids in line with internal appraisal selection process and provides lending team with recommendations • Maintain effective communication with engaged vendors and manage issues/field questions to maintain the integrity of the appraisal assignment • Reviews the quality and accuracy of appraisal reports to ensure compliance with federal and state regulations, including FIRREA, Interagency Appraisal and Evaluation Guidelines, Uniform Standards of Professional Appraisal Practice (USPAP) and internal Bank policies, as well as review the reasonableness of the value conclusion (if warranted, develop an internal value conclusion) • Coordinates the resolution for any appraisal deficiencies with third party vendors and request revisions, as well as being a liaison between lending team and appraiser regarding any appraisal disputes • Monitors regulatory standards and industry guidelines for any changes that impact the real estate valuation process; assists with updating related internal policies, procedural manuals, and research libraries • Familiarity with trends in local markets, being knowledgeable of economic and industry changes, and applying that knowledge to ascertain the accuracy and quality of appraisal reports under review • May complete internal real estate market evaluations on commercial or residential properties where an appraisal report is not required • Provide support to the department on additional responsibilities as directed Skills • Bachelor's Degree or equivalent • Minimum 7 years of experience appraising and/or reviewing appraisals of various commercial property types for a financial institution required • Minimum 5 years of experience in real estate, banking or financial industry • Property/Real Estate Management Certified Real Estate Appraiser • Strong written and oral communication skills with an ability to effectively communicate between the lending team and third-party vendors • Proficiency with Microsoft Word, Excel and cash flow software applications such as Argus; familiarity with appraisal order management software • Must have a clear understanding and knowledge of USPAP and federal appraisal regulatory requirements • Strong analytical and research skills; developed technical writing ability • Proven ability to be self-motivated and manage multiple projects simultaneously in order to meet deadlines and quality standards • Strong problem resolution and analytical skill; ability to make objective decisions based on analysis of data within restricted time frames • Familiarity with environmental assessment reports is a plus Benefits • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date • Generous 401(k) company matching contribution • Career Development through Tuition Reimbursement and other internal upskilling and training resources • Valued Time Away benefits including vacation, sick and volunteer time • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs • Career Mobility support from a dedicated recruitment team • Colleague Resource Groups to support networking and community engagement Company Overview • City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National. It was founded in 1953, and is headquartered in Los Angeles, California, USA, with a workforce of 1001-5000 employees. Its website is Company H1B Sponsorship • City National Bank has a track record of offering H1B sponsorships, with 57 in 2025, 78 in 2024, 145 in 2023, 93 in 2022, 107 in 2021, 62 in 2020. Please note that this does not guarantee sponsorship for this specific role. Apply tot his job
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