Valuation Analyst

Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster way to access the capital they need to scale their businesses. 

Formerly known as LendingHome, we’re committed to helping REIs revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.

Combining our technology and industry expertise, Kiavi has grown to a team of over 400 and has won many awards over the years including Forbes Fintech 50, Finovate Awards, Best Digital Mortgage Platform, Fast Company’s Most Innovative Companies, and many more. 

• Loans Funded: $22 billion in loans funded 
• Homes financed: 71,000+ projects funded for our customers across the country
• Geography: 31 states + D.C. where we lend to REIs so they can revitalize neighborhoods
• Employees: Over 400 employees with competitive benefits and perks

This position can be based remotely in any of our approved hiring regions. Our hybrid distributed workforce philosophy allows us to find the best talent in the country and build diverse teams, while allowing our colleagues to work from the location that works best for them. 

The Role

The Valuations team is instrumental in assessing the risk of our mortgage deals. Specifically, the team uses its expertise to analyze the value of a subject property. It is a dynamic department that partners with Account Managers, Underwriting and Construction Team to deliver excellent borrower experience and provides reliable valuations for our investors. A qualified Real Estate Valuation Analyst performs a risk analysis of the collateral for the mortgage loan investment. Pivotal to the success of a Valuation Analyst candidate is current experience as a residential real estate appraiser, as well as a strong aptitude in finance and economics. Needs to have a thorough understanding of real estate valuation vocabulary, good familiarity with technical programs such as Google Suite, an ability to communicate ideas and recommendations orally and in writing, as well as the ability to work independently as a member of the team.

Responsibilities

• Researching subject property and comparables based on online sources including county records & MLS, and information provided by real estate professionals and borrowers. 
• Researching and analyzing collateral as-is and/or as-repaired value based on a variety of factors, including: collected data, zoning verification, borrower’s rehab project, market comparisons, local and regional market trends.
• Understanding as-is condition rating, proposed renovation and as-repaired value conclusion.
• Presenting written analysis, along with a strong comprehension of qualitative valuation techniques.
• Analyzing data collected through 3rd party valuations, inspection reports, and extracting data that is valid and pertinent to the valuation of a specific property.
• Responding to questions and concerns regarding property valuations.
• Providing analytical support and completing special projects for all functional areas within the real estate loan portfolio.

Qualifications

• Preferred Associate or Bachelor degree, or 3-5 years experience in sufficient, relevant real estate valuation work.
• Experience with as-repaired valuations. 
• Good understanding of return on investment and return on repairs.
• 5 years of experience valuing residential real estate in a multi-state lending environment
• Active appraisers license or certification.
• Proficiency with online research gathering subject and comp information.  
• Written and verbal communication skills.  Must be able to adapt well to a fast paced and constantly changing business environment. 
• PC proficient at the intermediate level; ability to work with new technology systems and paperless environment.
• Familiarity with Google Suite (Gmail, Google Docs, Google Sheets), AI functions, and model learning. 

Kiavi takes a market-based approach to pay, and pay may vary depending on your location. The expected annualized base pay range for this full-time role to be performed remotely is $68,800 - $103,200 +  $9,000 bonus, + benefits. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries. Within the range, the successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value of bonus, or benefits.

Benefits and Perks 

• Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
• Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $500 for individual coverage and $1,000 for dependents.
• Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
• Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, trainings, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
• Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it's approved by their manager.
• Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
• 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $6,000 (whichever is less). All employer contributions are immediately vested.

Protect yourself from recruitment scams:

• If you are offered an interview or a role with Kiavi, this will be communicated with you through email, via an official email address ending in @kiavi.com or @lendinghome.com. 
• You will never be asked for payments of any kind during the process.
• We also never communicate with candidates via Whatsapp at any point during the recruitment process. 
• We won’t ask for personal information or data via text message. If you have any concerns regarding how genuine a text message is, please contact your recruiter.
• You can find our official Kiavi careers page here. We advise you to check that the page details and website addresses match if you have any concerns.

Kiavi is an Equal Opportunity Employer
San Francisco Fair Chance Ordinance Police Code, Article 49