Manager, Commercial Appraisal Reviewer

Reposted 8 Days Ago
Be an Early Applicant
6 Locations
In-Office
110K-125K Annually
Senior level
Fintech • Consulting • Financial Services
The Role
Review and validate commercial real estate appraisal reports to ensure regulatory and policy compliance; engage and manage fee appraisers; perform Standard 3 or compliance reviews; support audits and ad-hoc analyses; advise internal stakeholders and vendor partners; maintain licensure and expand valuation expertise.
Summary Generated by Built In

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The Commercial Real Estate Appraisal Department is seeking to add a full-time Senior Appraiser to support the real property collateral valuation process at Webster Bank. The Commercial Appraisal Department is responsible for ensuring safe and prudent lending practices. The Senior Appraiser is responsible for supporting the Appraisal Department by analyzing and resolving complex appraisal issues, documenting results and assisting the Commercial Real Estate Appraisal Manager and department staff as needed. The position may require some minimal travel.

Responsibilities:

  • Solicit bids for appraisal/valuation services as needed

  • Engage fee appraisers to complete appraisal/valuation assignments as needed

  • Independently review real estate appraisal/valuation reports in a timely manner; prepare Standard 3 review or compliance review as appropriate

  • Ensure appraisals are reasonable, supported, credible and prepared in compliance with federal and state regulatory requirements as well as professional appraisal standards

  • Ensure appraisals are prepared in conformance with Webster’s commercial real estate appraisal policies and procedures

  • Assist with internal and external audits as requested by Commercial Real Estate Appraisal Manager

  • Assist with ad hoc projects or analyses as requested by Commercial Real Estate Appraisal Manager

  • Continually expand knowledge of current topics, trends, and developments in commercial real estate valuation by attendance at industry events, seminars, etc.

  • Act as a resource for third-party appraisal vendors and appraisal management companies

  • Engage in regular communication with and serve as an advisor to Webster colleagues on appraisal and real estate valuation matters.

  • Maintain appropriate licensing through continuing education or further development through appropriate qualifying education.

Education, Skills, Experience:

  • Bachelor’s degree from an accredited higher education institution in related field required

  • State Certified General Appraiser license in good standing required

  • MAI designation from the Appraisal Institute preferred

  • Knowledge of industry standards and practices, including compliance and regulations

  • Minimum 5 years of experience in commercial real estate appraisal/valuation or appraisal review experience; review experience within a regulated financial institution preferred

  • Experience with appraisal management software (i.e. C360, RIMS, etc.) preferred

  • Experience with financial modeling of commercial property types in ARGUS Enterprise software preferred

  • Must possess high attention to detail and accuracy

  • Strong analytical, customer service, verbal and written communication skills required

  • Computer/technology savvy with demonstrated proficiency in Microsoft Outlook, Word, Excel, Teams, etc.

  • Excellent time management skills with ability to prioritize in a fast-paced environment a must

  • Must be a self-starter with a demonstrated ability to take initiative and escalate issues when appropriate

  • Willingness to work hours required to meet irregular demands and deadlines

  • Ability to work on a team both in person and in a remote environment

The estimated salary range for this position is $110,000USD to $125,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.

Skills Required

  • Bachelor's degree from an accredited institution
  • State Certified General Appraiser license in good standing
  • Minimum 5 years commercial real estate appraisal/valuation or appraisal review experience
  • Knowledge of industry standards, practices, compliance and regulations
  • Maintain appropriate licensing through continuing education
  • High attention to detail and accuracy
  • Strong analytical, verbal and written communication skills
  • Customer service skills and ability to advise internal stakeholders
  • Proficiency with Microsoft Outlook, Word, Excel, Teams
  • Excellent time management and ability to prioritize in fast-paced environment
  • Self-starter with ability to take initiative and escalate issues when appropriate
  • Willingness to work hours required to meet irregular demands and deadlines
  • Ability to work on a team both in person and in a remote/hybrid environment
  • MAI designation from the Appraisal Institute
  • Experience with appraisal management software (e.g., C360, RIMS)
  • Experience with financial modeling of commercial property types in ARGUS Enterprise
  • Appraisal review experience within a regulated financial institution

Webster Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Webster Bank and has not been reviewed or approved by Webster Bank.

  • Leave & Time Off Breadth PTO, holidays, and volunteer days are generous, with paid parental leave included to support time away needs. Flexibility such as hybrid/telecommuting options further strengthens time-off usability.
  • Healthcare Strength Health coverage spans medical, dental, and vision with HSA/FSA options, telemedicine, wellness incentives, health coaching, and an EAP. The offering is positioned as comprehensive within a broader Total Rewards framework.
  • Retirement Support Retirement programs include a company 401(k) match and an employee stock purchase plan. Financial education and employee banking discounts add to long‑term financial support.

Webster Bank Insights

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The Company
HQ: Stamford, CT
4,708 Employees
Year Founded: 1935

What We Do

Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions. Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law. © 2021 Webster Financial Corporation. All rights reserved. Webster Bank, the Webster Bank logo and the W symbol are trademarks of Webster Financial Corporation and Registered in the U.S. Patent and Trademark Office.

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