Lead Commercial Valuations Specialist, Real Estate Valuation Quality Assurance
Job Description:
• Support management in the day-to-day supervision of less experienced team providing guidance, and resolution to issues contributing to overall effectiveness of team
• Coordinate and ensure timely execution of quarterly Commercial Real Estate Valuation QA controls and related activities
• Execute functions of control owner, including updating control documentation, reviewing/approving Control Sharing Agreements, providing walkthroughs, gathering sample support, etc.
• Provide feedback and present ideas for improving or implementing processes and tools within REVS Commercial QA function and Valuations group
• Perform or guide others on complex escalated concerns that require planning, evaluation, and interpretation
• Provide training and technical guidance to less experienced staff
• Prepare reporting of quarterly Commercial Real Estate QA results and deliver to leadership
• Perform second level QA reviews as needed
• Review samples of QA reviews for quality management and performance purposes
• Collaborate with centralized COO Global Operations (GO) QA team and dependent/reliant lines of business
• Maintain/develop tools to support commercial QA function
• Research and analyze QA review results to identify potential trends/areas of potential opportunity
• Make decisions in complex and multi-faceted situations requiring understanding of Commercial Valuations functional area, policies, procedures, and compliance requirements that influence and lead a broader work team to meet deliverables
• Collaborate and consult with Commercial Real Estate Valuations peers, colleagues, and middle to senior level managers to resolve issues and achieve goals
• Lead Commercial Real Estate Valuations projects and teams, or serve as a peer mentor
Requirements:
• 5+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Active Certified General Real Property Appraiser License in at least 1 state
• MAI, SRPA, and/or AI-RRS Appraisal Institute designation
• Familiarity with international standards applicable to commercial real estate valuation such as RICS Valuation Global Standards and Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP)
• Experience leading team of commercial real estate appraiser reviewers
• Familiarity with RCSA, control owner responsibilities, and shared controls
• Knowledge and understanding of Wholesale Credit policies WFC-CML 6800, 6200 and 6900
• Proficient with Collateral 360 (C360)
• Microsoft PowerPoint and Excel skills
• Knowledge and understanding of SharePoint
• Experience and knowledge of risk management process and procedures
• Experience navigating policies, procedures, and regulation requirements in alignment with role
• Ability to work effectively in a fast paced and flexible, adaptable, and changing environment
Benefits:
• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement
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