Commercial Appraiser - Real Estate Risk Sr. Officer - SVP

---

Job description

This will be a 100% remote position

Perform critical reviews of externally prepared commercial appraisals to ensure that the value conclusions are accurate and that the report is in compliance with all necessary requirements. Primary area of responsibility is Midwest and South US. Report to Regional Appraisal Manager for the Midwest and South region. May be asked from time to time to head up an ad hoc team for valuation due diligence or a special project. Responsible for managing the day-to-day appraisal reviews for which they have been assigned. Contract with vendors; manage vendors to on-time delivery and quality product and maintain the timely status of each assignment on a common job tracking system. Prepare market studies for a metropolitan area. Provide market intelligence to the lenders on a specific deal. Prepare internal appraisals. Perform sensitivity analyses for property cash flow projections. Resolve any issues that are not compliant with Citibank policies or conclusions that are not reasonable. Advise risk managers in addressing complex real estate issues. May evaluate feasibility of a complex investment. Objectively provide risk managers with a balanced view of the risk associated with a given property. Opportunity to work with a wide variety of property types across the US ranging from small, single assets to large portfolios.

Minimum of 7+ years of appraisal experience with at least 3 years in a lending institution. Should have Bachelor Degree and may have advanced degrees. Must have completed and passed all Appraisal Institute classes necessary for the MAl designation, or equivalent education. Must be a state Certified General Appraiser. Have outstanding breadth and depth of appraisal expertise that includes all common property types (apartments, retail, office, industrial, land, and subdivisions) in addition to special purpose properties (hotels, assisted living, convenience stores, gas stations, etc.), as well as affordable housing. Must have a strong sense of the characteristics affecting value in their region. Highly productive and efficient as a reviewer. Work autonomously and require little direction for single properties as large as $100MM+ in value. Would be considered Subject Matter Expert for commercial appraisal. Proficient computer skills for MS Office. Outstanding proficiency in Argus DCF software and MS Excel. Must have a comprehensive understanding of USPAP in addition to Fannie Mae, Freddie Mac and SBA appraisal requirements. Must have a good understanding of FIRREA and all other subsequent Regulatory Policies concerning appraisals. Outstanding analytical skills. Strong interpersonal skills. Work well under pressure and multi-task. Outstanding organization and management skills. Must have strong verbal and written communication skills. Capable of being effective in decision making and outstanding problem solving skills. Sustain good relationships with internal clients and external consultants.

Job Family Group:
Risk Management

Job Family:
Real Estate Risk

Time Type:
Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Effective November 1, 2021, Citi requires that all successful applicants must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.