Full Time

Real State Analyst – Remote Jobs

Posted 2 years ago
Florida
$40 - $50 per hour

Job Description

Job Type: Real State Analyst from home
Location: Florida work from home
Company: Bayview 

Position Description:

Internal evaluations and some appraisal review will be provided by this role to support internal decision-making for various business lines linked to commercial real estate and loans. Communication with internal and external consumers, third-party vendors, and a number of other market participants, such as real estate brokers, property managers, and leasing agents, will be part of this. Strong loan underwriting abilities, strong research and analytical skills, strong communication skills, and a full understanding of real estate valuation principles and methodologies are required.

Responsibilities

  • Perform internal evaluations on a range of commercial real estate types and sizes, focusing mostly on assets over $5 million, the majority of which are CMBS-sized assets (over $10 million). As part of our CRE financing initiatives, we conduct appraisal reviews.
  • If necessary, perform site inspections of the property.
  • Create and deliver a well-researched opinion on the loan quality and real estate collateral.
  • Contact real estate brokers and speak with them on the phone to conduct market research.
  • CMBS-style asset internal evaluations should be prepared, and opinions should be presented to the credit committee for discussion.
  • periodically monitor the loans on the assets in our portfolio; assess the loan risks and report to management.
  • Examine the correctness, rationality, conformity to policies and processes, and regulatory requirements of the appraisals.
  • Obtain comments from our underwriting team regarding the assessment, speak with outside appraisers to address any issues, and keep a record of all conversations and adjustments.
  • Rate vendor performance to support the suggestion that they be kept on the approved appraiser and broker panel.
  • Resolve issues with third-party appraisers while keeping a record of your conversations and changes for audit purposes.
  • Bring unresolved issues up to management.

Extracurricular Activities and Other Responsibilities

  • Continually stay up to date on all applicable laws, rules, and standards.
  • As requested, complete specific projects aimed at enhancing the collateral valuation program.
  • carry out additional duties and as instructed by management.

Qualifications

  • Excel usage requires a strong skill level in the Microsoft Office Suites.
  • comprehensive knowledge of discounted cash flow models.
  • strong familiarity with the Interagency Appraisal and Evaluation Guidelines and USPAP.
  • strong written, interpersonal, and communication skills.
  • proficiency in report writing and other forms of written communication.
  • Verbal communication that is unambiguous with participants from third parties and internal and external customers.
  • Ability to prioritize tasks, solve problems, make decisions, and adhere to deadlines.
  • ability to work unsupervised and autonomously.
  • the capacity to make conclusions with assurance and speed after careful consideration.
  • preferred: bachelor’s degree.
  • Current experience in commercial real estate appraisal of seven (7) years.
  • Advanced candidates or MAI are preferred.