Job Description

Job Description

Job Description

This position is primarily responsible for the management of the valuation process in relation to single-family and non-complex commercial property types. This includes order origination (in coordination with valuation coordinator staff) and review of appraisals in support of lending activities across most major US metropolitan areas. This position requires a high degree of competency in the review of single-family property types (new construction focus, including complex assignments), including an in-depth understanding of valuation risk management best practices and familiarity with lending and credit risk processes. 

PRIMARY RESPONSIBILITIES

• Analyze loan and property information to determine the appropriate valuation scope of work. 
• Review exhibits and supporting materials to assess the adequacy of information in support of valuation assignments in the context of the credit action. Follow up on information requests as needed with lending and support staff.
• Monitor appraisal orders to ensure on-time delivery, as well as follow up on new exhibits and/or scope of work revisions with appraisers and lending staff. 
• Perform appraisal reviews in support of lending and loan monitoring activities, including meaningful risk analysis of the collateral property and market area. 
• Support the vendor management process, including the identification of talent and proactive efforts to foster good working relationships with approved appraisers to ensure exceptional service and quality. 
• Support a positive and collaborative working environment, with flexibility and willingness to participate in process improvements and strategic growth initiatives.
• Elevate issues or concerns in a timely manner to department management. 
• Other duties may be assigned

PROFESSIONAL EXPERIENCE/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 accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Hold an active Certified Residential Real Estate Appraiser License.
• Possess a minimum of 5 years of relevant appraisal experience; experience within a banking-related industry preferred.
• Valuation experience must include proposed single-family construction.
• Bachelor’s degree in business or related area preferred.
• Appraisal Institute professional designations are a plus (SRA, AI-RRS, etc.).
• Must be a highly organized individual with the ability to multitask, work successfully under pressure, and effectively manage time and workload.
• Have experience in working with appraisal management systems.
• Proficiency in all Microsoft Office products.
• Excellent verbal and written communication skills.
• A true self-starter capable of accomplishing complicated tasks with limited supervision.

ADDITIONAL SKILLS REQUIRED

• Strong interpersonal and communication skills with exceptional follow-through abilities
• Strong business acumen
• Adapts to change easily in a fast-working environment
• Follows directions easily

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

Company Description

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

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