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With more experience the starting salary can be higher.
Preferred Education:
4 Year Degree
Internal Number: R103093
At Regions, the Commercial Evaluation Group (CEG) Commercial Real Estate Evaluator performs analyses and evaluations on complex commercial properties.
Primary Responsibilities
Independently analyzes commercial properties to estimate the market value of collateral pledged against real estate loans
Works with vendor managers, relationship managers, underwriters, and other bank associates to ensure that evaluation requests are submitted in the RIMS system with accurate information
Controls and mitigates risk within the CEG
Recommends solutions and solves issues regarding collateral analyzed and valued
Impacts decisions regarding collateral to be pledged to real estate secured loans
Utilizes Sales Comparison and Income Analyses in the valuations of commercial properties
Assists senior management in conducting routine audits of departmental activities which ensures effectiveness
Assists senior management in ensuring that goals and objectives are clearly communicated and attained on a consistent basis
Offers advice and guidance to junior evaluators, assisting in the development of necessary skills and the promotion of continuous improvement initiatives
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
Bachelor's degree in related field
3-5 years of experience in real estate appraisal
Advanced understanding of real estate terminology and valuation methods
Advanced ability to utilize data analysis and selection in the estimation of values
Advanced ability to perform complex valuations on commercial properties using applicable analyses
State Certified Commercial Real Estate Appraiser in any state
Preferences
Commercial Real Estate related designation or affiliation such as Member Appraisal Institute (MAI), Certified Commercial Investment Member (CCIM), Society of Industrial and Office Realtors (SIOR), or Certified Property Manager (CPM)
