Commercial Valuation Officer

at First Midwest Bank in Deerfield, Illinois, United States Job Description Commercial Valuation Officer Job Locations US-IL-Deerfield | US-MN-Lake Elmo | US-MN-Saint Paul | US-MN-Minneapolis | US-IL-Chicago | US-IN-Indianapolis | US-KY-Louisville | US-MI-Grand Rapids | US-IL-Plainfield | US-IL-Joliet | US-IL-Gurnee | ... Category/Function Lending/Commercial/Consumer/Credit Position Type Regular Full-Time Requisition

ID 2026-19840

Workplace Type On Site Responsibilities We are currently seeking a Commercial Appraisal Review Officer that will review commercial real estate appraisals and produce restricted appraisals (internal evaluations). The appraisal review process will be performed in conformance with Standards 3 and 4 of the Uniform Standards of Professional Appraisal Practice (USPAP). Restricted appraisal reports will conform with Standards 1 and 2 of USPAP. This position requires being knowledgeable of the Interagency Appraisal and Evaluation Guidelines (IAEG), USPAP and ONB Guidelines and Procedures. Further, it requires general real estate industry knowledge across various commercial property classes. A Commercial Appraisal Review Officer is expected to be self-directed, goal oriented (meeting/exceeding production/volume), capable of making quick, independent (limited oversight) decisions with a focus on meeting client expectations in a fast-paced work environment. Your office can be anywhere throughout our footprint in the Midwest. We require candidates who possess certified general appraisal licenses in IL, IN, WI, MI, MN, KY, ND and TN. The MAI designation is preferred. Salary Range The annual salary range for this position is $80,000•128,000 plus incentive bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location. Position may be filled as a Senior role, depending on the skills and qualifications of the candidate

Key Accountabilities Review Commercial Appraisal Reports:

Complete appraisal reviews in compliance with USPAP Standards 3 and 4 while recognizing appropriate appraisal methodology and techniques Opine on the completeness, accuracy, adequacy, relevance and reasonableness of appraisals Understand industry nuances between property types and knowledge across asset classes Complete Internal Evaluations (Restricted Appraisal Reports): Complete restricted appraisal reports in compliance with USPAP Standards 1 and 2. Understand various property types and classes Review and analyze all current documentation relevant to the appraisal process including leases, operating history, contracts, easements, surveys, etc. Recognize and apply appropriate appraisal methodology and techniques

Provide Real Estate Consultation and Manage Internal Client Relationships:

Consult with internal clients on real estate appraisal methodology and techniques Provide guidance related to the IAEGs, USPAP and ONB Guidelines and Procedures Operate independently and solve problems using independent judgement/discretion with limited oversight Provide clear and concise communications to vendors and internal clients

Continue Education and Maintain Required Licensure:

Maintain appropriate real estate licensure within ONB's traditional footprint Enhance knowledge through continuing education; particularly, on relevant and emerging real estate topics Pursue educational opportunities as part of a professional development plan Key Competencies for

Position Culture Leadership:

Communication•effectively shares information and ideas with individuals and groups; displays self-awareness and self-management; tailors the delivery to the audience, and selects suitable delivery method(s); responds to internal and external clients, vendors, and others in a timely manner; provides clear and concise real estate reports

Execution Leadership:

Technical Knowledge•possesses the required technical knowledge (real estate knowledge and associated developments, trends, and best practices as well as understanding property rights and their impact on the valuation process ) and industry standards to perform the role effectively; continuous learning to adopt new trends or expertise; capable and proficient in IAEG, USPAP and ONB Guidelines and Procedures Problem Solving/Decision Making•independently and with limited oversight seeks to identify and recognize issues, problems, or opportunities and determines whether action is needed; identifies and gathers relevant information from various sources and incorporates input from multiple sources (e.g., trends, lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective... For full info follow application link. EOE/Minorities/Females/Vet/Disability To view full details and how to apply, please login or create a Job Seeker account