Real Estate Valuation Manager

Bank of Marin, voted by our employees as one of the "Best Places to Work" in the North Bay Business Journal, is seeking a Real Estate Valuation Officer to join our Credit Risk Management team located at either our corporate office in Novato or office in Rancho Cordova. This position supports the functions of the Appraisal Department which primarily includes the ordering and review of appraisals and preparation of evaluations for real estate secured credits. Communicates with external appraisers as well as internal lending personnel regarding appraisal orders, value decisions and technical aspects of appraisal assignments.

General Summary: Overall responsibility for the management and administration of the Bank's Real Estate Valuation Program governing all loans secured by real estate, residential and commercial. Manages the day-to-day operations and provides supervision to staff. Ensures compliance with applicable Bank regulations, maintains practices consistent with the Uniform Standards of Professional Appraisal Practice (USPAP). Communicates with external appraisers as well as internal loan officers regarding appraisal orders, value decisions and technical aspects of appraisal assignments

Essential Job Functions:

• Manages the ordering and review of appraisals and evaluations for all real estate secured credits.
• Assures full appraisal compliance with all requirements established by Bank policy and banking regulations.
• Oversees Appraiser performance and ensures overall quality of real estate valuation decisions.
• Oversees Stress Testing of Real Estate valuations to meet regulatory guidelines.
• Ensures that the Bank maintains criteria for the content and appropriate use of Bank evaluations consistent with safe and sound banking practices.
• Provides direction and consultation to lending, underwriting and workout staff with regard to appraisal matters.
• Performs all Bank evaluations and may perform simple appraisals.
• Reviews and approves all appraisals of commercial properties.
• Oversees reviews for residential appraisals.
• May render an opinion on the quality and reliability of new and in-file commercial appraisal reports and evaluations.
• Ensures that appraisals and evaluations contain sufficient information to support the credit decision.
• Oversees the development of the Bank's valuation database.
• Maintains knowledge of current real estate values in the Bank's market area.
• Assures that the Bank's List of Appraisers is accurately maintained. As needed, recommends changes to this appraiser list, communicates deletions and additions as necessary.
• Assures that written procedures, forms and appraiser files are complete and up to date.
• Trains and evaluates the performance of Appraisal Department staff.
• Provides guidance and assistance in resolving problems or complaints.
• Other duties may be assigned

Job Skill Level / Additional Requirements:

• Ability to work with AVM tools, valuation systems and appraisal management software/tools to ensure efficiency of process and reliability of value conclusion.
• On-going training and/or education is required to maintain certification and enhance knowledge. Training and/or education will be monitored and tracked.
• This job preforms a critical function for the bank. Expansive knowledge in all areas of real estate valuation is required.
• Personal computer proficiency required including proficiency in Microsoft Word and Excel
• Ability to work with little supervision.
• Organized, sets priorities & meets deadlines.
• Must be able to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
• Excellent communication skills, with ability to quickly understand and communicate concepts both verbally and in written form.
• Excellent interpersonal and organizational skills.
• Ability to receive and act on feedback in a positive manner.
• Present a positive and professional appearance and demeanor to both internal and external contacts including other Bank employees, vendors, service providers, etc.
• Required Certifications: License in California as a Certified General Real Estate Appraiser.

Professional Experience: 5 - 7 years related experience and/or training.

Educational Experience: Associate's degree (A.A.) or equivalent from two-year college

The hiring pay range for this position is $143,800 to $201,322. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank paid employee stock ownership plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.

Bank of Marin is an equal opportunity employer. EOE AA Vet/Disability