Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.
General Purpose of the Job:
Under the direction of the Chief Appraiser, the Appraisal Review Officer is responsible for conducting residential and commercial appraisal reviews and assists with appraisal review engagement process as directed by the Chief Appraiser.
Essential Duties and Responsibilities:
- Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
- Understands the current edition of USPAP, as well as the Bank’s appraisal policy and guidelines.
- Performs reviews of appraisal reports of residential and commercial properties to determine the credibility of market values developed for federally related transactions in accordance with internal appraisal policies/procedures, professional standards, and regulatory requirements (USPAP & FIRREA).
- Using risk-based decisions, work with stakeholders to ensure that appraisal reviews are complete, accurate, adequate, relevant, and reasonable based on sound real estate appraisal methodology.
- Learning and performing the administrative tasks that leads to effective and efficient Appraisal Review process.
- Continual development of local market knowledge and national real estate trends.
- Assists in more complex review duties under the supervision of the Chief Appraiser.
- Determines which vendors on the Bank’s list of approved vendors are best suited to accomplishing the requested job in a professional, timely, and accurate manner.
- Serves as liaison between business unit and Bank approved vendor panel.
- Present and participate in training to Bank personnel on Appraisal related issues.
- Provide, present, and promote The Citizens Experience to all external and internal customers.
12. Other duties as assigned by the Chief Appraiser.
Supervisory Responsibilities
This job has no supervisory responsibilities.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
Bachelor of Arts (B.A.) Degree from four-year College; or 3-5 years of experience and/or training in appraising and/or reviewing multifamily residential, mixed-use, and/or commercial properties; or equivalent combination of education and experience. Strong knowledge of USPAP and Bank appraisal guidelines. Experience with appraising and/or reviewing for financial institutions is desired.
Language Skills
Ability to read and analyze appraisals (commercial and residential) and evaluations. Ability to determine compliance of appraisals with basic regulations. Ability to evaluate appraisal reports and related documents for internal consistency/basic logic. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, vendors and the general public.
Mathematical Skills
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions and percentages. Ability to apply concepts of basic algebra and geometry, and interpret bar graphs. Ability to perform compound interest and present value calculations.
Reasoning Ability
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. Ability to understand information provided by internal and external parties.
Computer Skills
- Proficient in MS Word, Excel and Outlook (Microsoft Office Suite)
- Proficient in the use of Appraisal tracking software
- Development of proficiency in REIS and CoStar Reports.
Certificates, Licenses, Registrations
- State certified General Appraisal License.
- MAI designation from the Appraisal Institute or equivalent is preferred.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance and stoop. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Salary Range:$127,475.00 To $184,838.00 Annually
Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.
Skills Required
- Bachelor of Arts degree from a four-year college, or 3–5 years of appraisal and/or appraisal review experience and training, or an equivalent combination of education and experience
- Experience appraising and/or reviewing multifamily residential, mixed-use, and/or commercial properties
- Strong knowledge of USPAP and bank appraisal guidelines
- Ability to analyze residential and commercial appraisals and evaluations
- Ability to assess appraisal compliance with applicable regulations and evaluate reports for internal consistency and basic logic
- Ability to write reports, business correspondence, and procedure manuals
- Ability to present information and respond to questions from managers, customers, vendors, and the public
- Proficiency in Microsoft Word, Excel, and Outlook
- Proficiency with appraisal tracking software
- State-certified General Appraisal License
- Experience appraising and/or reviewing for financial institutions
- MAI designation from the Appraisal Institute or equivalent
- Proficiency in REIS and CoStar Reports
Citizens Business Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citizens Business Bank and has not been reviewed or approved by Citizens Business Bank.
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Retirement Support — Retirement support includes a 401(k) plus profit-sharing, with a qualified non-elective employer contribution described as a meaningful baseline and additional profit-sharing that can add upside. Employer retirement funding is portrayed as a stronger pillar of total rewards even when cash pay feels lean.
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Affordable Benefits — Employer cost-sharing for medical coverage is described as substantial, with materials citing coverage of roughly three-quarters of premiums for the lowest-cost plan. This premium subsidy is characterized as competitive for a mid-size bank and supports the overall value of the benefits package.
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Leave & Time Off Breadth — Paid vacation, holidays, and sick leave are explicitly part of the package, and the time-off offering is frequently characterized as "good PTO" and "generous holidays." Predictable scheduling and workable balance are framed as non-cash rewards that can partially offset lower base pay for some roles.
Citizens Business Bank Insights
What We Do
Citizens Business Bank is consistently recognized as one of the top-performing banks in the nation and offers a wide array of banking, lending, and investing¹ services through over 60 banking centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and Central California. CVBF trades on the NASDAQ stock exchange under the symbol CVBF. Member FDIC | Equal Housing Lender | Equal Opportunity Employer ¹Not Insured by FDIC or Any Other Government Agency • Not Bank Guaranteed • Not Bank Deposits or Obligations • May Lose Value
