RE Commercial Valuation Analyst

First Interstate BancSystem • Billings, MT

2d • $61,700 - $95,700 • Remote

About The Position

The RE Commercial Valuation Analyst assist the Chief Appraiser and the RE Commercial Valuation Analyst Manager with implementing and administering real estate appraisal policies and procedures for First Interstate Bank (FIB) as part of the Commercial Valuation Department (CVD), which operates independent of the lending functions of the Bank. This position is expected to utilize their knowledge and expertise of appraisal standards, regulations, and associated systems in effectively overseeing and assisting in managing the real estate valuation processes for FIB, while contributing to a team-oriented environment with the goal of maintaining a high degree of customer service.

Requirements

• Possess strong analytical skills and ability to confidently exercise independent sound judgment within an environment that can be stressful.
• Possess good time management skills with the ability to work independently and prioritize tasks.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, etc.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Bachelor's Degree in Business, Finance, or related field required
• 4-6 years related experience, training, and/or equivalent combination of education and experience required

Responsibilities

• Serves as the primary Valuation Analyst within a designated geographic region.
• Procures appraisals and evaluations from qualified and geographically competent appraisers or evaluators in compliance with the Bank’s Policy and Procedures, FIRREA, USPAP and Interagency Appraisal and Evaluation Guidelines (IA&EG).
• Oversees or assists in the management of the valuation processes, including engaging, receiving, reviewing (exclusive to evaluations), and distributing appraisal, evaluation, and review reports.
• Completes independently prepared reviews of appraiser or non-appraiser prepared commercial evaluations 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 Bank Policy and Procedures, FIRREA, USPAP (if applicable), and Interagency Appraisal and Evaluation Guidelines (IA&EG).
• Facilitates an ongoing monitoring process to confirm the accuracy and reliability thereof.
• Assists the Review Analyst(s) or Staff Review Appraisers in completion of limited administrative appraisal reviews or appraisal validations in concert with Bank Policy and Procedures and regulatory requirements as cited above, as needed.
• Participates in legal and compliance training, and other appropriate training, as required, to maintain knowledge of banking activities, FIB products and services, and remain current with laws and regulations.
• Upholds and promotes adherence to all applicable Bank and banking institution regulations, laws, standards, policies, and procedures.
• Functions as a ready resource, consistently and professionally assists FIB personnel and external appraisers and vendors in a timely and knowledgeable manner.
• Responds to incoming telephone calls, electronic mail, and voice mail, as well as performing special projects and other related duties as assigned in support of the daily functions of the CVD.

Benefits

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.
• medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program
• annual discretionary cash bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level