This job has expired, please see additional jobs below
Commercial Chief Appraiser, Director
Mitsubishi UFJ Financial Group
Orange, CA, United States
Job Details - this job has expired, please see similar jobs below
Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Job Summary:
The Commercial Chief Appraiser is responsible for the operation and management of the Commercial Appraisal Section (CAS) of the Bank’s Valuation Services Department (VSD).
Major Responsibilities:
• Responsible for the performance and quality of commercial appraisal services for use by the Bank in support of commercial real estate related lending transactions, including new originations, renewals, asset monitoring, collection, workout activities, and Trust Division valuations.
• Assure appraisal report deficiencies are corrected by the original appraiser or review appraiser.
• Responsible for the delivery of commercial appraisal services (appraisals, evaluations, reviews, and consultation) in a regulatory compliant, cost effective, and timely manner. Assign or delegate the engagement of commercial fee appraisers to perform appraisal services as needed. Assign or delegate the assigning of all review work to be performed by staff. Oversee quality control and audit functions.
• Responsible for implementing Section policy and procedures in connection with the aforementioned responsibilities, including staff training and development, ongoing communication with the Commercial Fee Panel as to current CAS requirements, and loan officer orientations.
• Responsible for CAS office personnel management, including performance standards and productions goals, promotion salary actions, and terminations. Prepare Performance Appraisals of office staff, review appraisers and area supervisors.
• Responsible for the preparation of CAS's annual budget and workload forecasts. Provide VSD Manager with ongoing management reports, e.g. CAS Production, Cost Recovery Reports, etc.
• Maintain effective and open channels of communication with various regional-level Bank units that require commercial appraisal services.
• Responsible for the development and implementation of CAS compliance policies.
Qualifications
• Four-year college degree or equivalent experience
• Licensed Commercial Real Estate Appraiser
• Minimum 10+ years of experience in commercial real estate appraisal and appraisal review
• 5+ years of supervising and/or managing commercial appraisal operations
• Thorough knowledge of appraisal and appraisal review theory, appraisal regulations (FIRREA), the Uniform Standards of Professional Appraisal Practice (USPAP), Commercial Appraisal Policies, and CAS Policy and Procedures.
• Excellent written and oral communication
• Ability to work well with other professionals
• Strong leadership and decision-making skills
• Possess a high level of organizational and planning skills
• Proficient in word processing, spreadsheet, and database programs.
• Experience with a financial services institution is preferred
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.