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Columbia Bank

Senior Commercial Appraiser

Career Insights for Property / Casualty Underwriter

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What they do

A Property or Casualty Underwriter is an insurance agent who initially inspects homes or rental properties (or other property to be insured) for conditions such as physical deterioration that pose a risk to the carrier.

$112,614 / year median in California

+2% projected growth

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Job Description

Phoenix, Arizona Hillsboro, Oregon Sacramento, California Tacoma, Washington Irvine, California Denver, Colorado Coeur d Alene, Idaho Full time
JR103239
  • About the
Role:
  • Procures, engages, and reviews complex and non-complex commercial valuation products delivered to the bank to ensure compliance with USPAP, FIRREA, IAEG, and Columbia Bank policy.
Communicates with partnering lines of business to address appraisal or collateral risk issues. Works closely with management to increase staff competency in all aspects of commercial appraisal. Assists in the mentoring of junior level staff. Provides subject matter expertise to address escalations and/or reconsiderations of appraisal concerns. Participates in the development of commercial appraisal bank policy and guidelines. + Procures bids and awards for commercial real estate appraisal vendor RFPs in the fulfillment of complex commercial valuation products utilized for the credit lending decision. + Reviews incoming complex valuation products for credible methodology and compliance with SOW, USPAP, FIRREA, IAEG, and bank policy. + Develops USPAP (compliance or technical) commercial appraisal and evaluation reviews to be utilized in the bank's credit lending and/or portfolio management decisions. + Assures compliance with Fair Lending Practices and Appraisal Independence. + Provides subject matter expertise on complex commercial appraisal methodology and appraisal regulatory requirements. Ability to communicate these requirements as applicable to address valuation questions from line of business partners and/or auditors. + May prepare
FIRREA/USPAP
compliant appraisals, appraisal validations, corrective appraisal reviews and/or evaluations for Columbia Bank. + Assists Special Assets and Credit Quality with impairment analysis for real estate secured credits, as needed. + Manage and prioritize work queue to meet turn-time deadlines. Triage workload with thoughtful consideration of loan level data. Meet or exceed review production goals in-line with department's benchmarks. + Maintains compliance with the department system of record and appraisal work file requirements + Assist in the development of valuation solutions based upon subject expertise, representing the department at a broader level. + Occasionally assist management with the overall operation of the valuation program and/or lead working group projects. + Mentors junior level appraisers and encourages increased competency in all aspects of commercial valuation. + Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. + Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. + Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. + May be asked to coach, mentor, or train others and teach coursework as subject matter expert. + Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. + Takes personal initiative and is a positive example for others to emulate. + Embraces our vision to become "Business Bank of Choice" + May perform other duties as assigned.
  • About You:
  • + Bachelor's degree in business or related field or the equivalent in education and experience required.
+ Active State Certified General License required + 10+ years of relevant commercial appraisal review experience or combination of commercial appraisal review and appraisal field work required. + Strong multi-state experience reviewing commercial real estate appraisals. Real estate property type specific expertise (Low Income Housing Tax Credit LIHTC, Special Purpose, etc.) and national review experience a plus + Ability to obtain and maintain additional appraisal licensing in multi states upon business unit request. + Sound judgement and strong analytical problem-solving skills, and business acumen. + Advanced knowledge of appraisal policies, procedures, practices, and documentation. + Excellent written and verbal communication. + Ability to work at all levels of the organization and maintain mutually beneficial working relationships cross-functionally. + Computer and software proficiency including but not limited to Word, Excel, Outlook, PowerPoint, and other more specific appraisal related software applications and misc. data aggregators. + Advanced knowledge of USPAP, FIRREA, IAEG, and other federal real estate appraisal related regulations and how regulations apply to real world lending scenarios. + Ability to work independently making timely and sound decisions.

Escalate collateral risk concerns swiftly and clearly. + Ability to present to small and large audiences when communicating collateral risk concerns or department/bank processes The pay range for this role is $110,000 to $150,000. The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.
  • Primary Location:
  • Ability to work fully onsite at posted location(s).
2155 W Pinnacle Peak Rd Phoenix
AZ 85027
  • Our Benefits:
  • We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
  • Our Commitment to
Diversity:
  • Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce.
All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: careers@columbiabank.com .
  • To Staffing and Recruiting Agencies:
  • Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank.
Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team. At Columbia Bank, we're redefining what it means to bank and to build a career. As the West's premier banking experience, we combine the strength and scale of a leading financial institution with the heart and mindset of a community bank. With more than 350 locations across eight states, we deliver relationship-based service backed by regional expertise and resources that help families and businesses thrive. Our culture is built on
  • Do RIGHT
  • , which means: +
  • Relationships:
  • We create authentic connections with customers, colleagues, and communities. +
  • Impact:
  • Every role here makes a meaningful difference in people's lives and local economies. +
  • Growth:
  • We invest in your success with career development, mentorship, and learning opportunities. +
  • Heart:
  • We care deeply about doing what's best for our customers and each other. +
  • Trust:
  • Integrity and transparency guide everything we do.
  • Why work for Columbia Bank?
  • + A strong, stable financial foundation with over $67 billion in assets and a diverse portfolio that supports flexibility and opportunity.
+ A culture of belonging and purpose, where your ideas matter and your work has impact. + Competitive benefits and flexibility designed to help you thrive personally and professionally. + Community engagement that matters, from supporting local businesses to empowering youth through financial literacy initiatives. Ready to
  • Do RIGHT
  • for your career, your community, and your future?
  • Explore opportunities and join Columbia Bank today.

Benefits

  • Paid Time Off (PTO)
  • Financial Aid/Assistance
  • 401(k) Plans
  • Mental Health