Note: The job is a remote job and is open to candidates in USA. World Business Lenders, LLC is hiring a Valuation Quality Control III to review collateral valuations for accuracy, sound methodology, and compliance. The role recommends defensible property values, identifies report deficiencies, and presents findings to investment, asset resolution, and credit review teams.
Responsibilities
- Review appraisals, evaluations, BPOs, and CMA's for accuracy, methodology, and compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines; return deficient reports for correction
- Test value conclusions against independent market evidence (MLS, public records, CoStar, broker reports) in any U.S. market
- Flag weak comparables, unsupported adjustments, stale data, math errors, and unreasonable extraordinary assumptions or hypothetical conditions
- Analyze income property: rent rolls, operating expenses, NOI, cap rates, and discounted cash flow (DCF) assumptions
- On construction and development loans, compare budgets, draws, and completion status against as-complete value conclusions
- Recommend a value for each relevant premise (as-is, as-complete, as-stabilized, disposition) suited to the loan's stage: origination, performing, default, workout, or REO
- Write concise findings and present recommendations for Investment, Asset Resolution, and Initial Credit Review
- Recommend added work when information is insufficient: new appraisal, inspection, environmental, or engineering report
Skills
- Bachelor's degree in real estate, finance, economics, business, or a related field
- 5+ years in appraisal, appraisal review, collateral valuation, underwriting, or asset management, the majority on commercial collateral
- Hands-on commercial and income-property valuation or review experience
- Working knowledge of the sales comparison, income, and cost approaches, and of USPAP
- Experience with distressed, foreclosed, or REO property
- Strong Excel, writing, and presentation skills, and the confidence to challenge unsupported conclusions
- Familiarity with construction and development projects and the cash flow-based analysis used to value them
- Residential review experience is a plus
- State Certified General or Certified Residential appraiser credential or progress toward Certified General
- A professional valuation designation, or active candidacy for one, such as:
- AI-GRS (General Review Specialist, Appraisal Institute), the designation focused on commercial appraisal review
- MAI (Appraisal Institute), for commercial and income-producing property
- MRICS (Royal Institution of Chartered Surveyors)
- ASA (American Society of Appraisers), Real Property
- CCIM (CCIM Institute), for commercial investment analysis
- ARA (American Society of Farm Managers and Rural Appraisers), for rural and agricultural property
- AI-RRS or SRA (Appraisal Institute), for residential review and valuation
- Commercial appraisal review experience at a bank, portfolio lender, or private credit fund
Benefits
- Medical, dental, vision, life, and disability coverage
- A 401(k) with company match
- Paid holidays and paid time off (PTO)
- Fully remote work environment, with occasional travel for leadership off sites/corporate events
Company Overview
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