Commercial Valuation Officer

Commercial Valuation OfficerJob Locations: Midwest - IL, IN, WI, MI, MN, KY, ND, TN.ResponsibilitiesWe 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 USPAP. Restricted appraisal reports will conform with Standards 1 and 2 of USPAP. This position requires knowledge of IAEG, USPAP and ONB Guidelines and Procedures, as well as general real estate industry knowledge across commercial property classes. The Commercial Appraisal Review Officer is expected to be self"‘directed, goal oriented, capable of making quick, independent decisions with a focus on meeting client expectations in a fast"‘paced 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 RangeThe 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 AccountabilitiesReview 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 asset plete 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 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 with limited oversight; provide clear and concise communication 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 PositionCulture Leadership - Communication: effectively shares information and ideas with individuals and groups, displaying self"‘awareness and self"‘management; tailors the delivery to the audience and selects suitable delivery methods; 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 required technical knowledge (real estate knowledge and associated developments, trends, best practices, understanding of property rights and their impact on the valuation process) and industry standards to perform the role effectively; actively learns new trends.Execution Leadership - Problem Solving/Decision Making: independently and with limited oversight identifies issues, problems or opportunities; gathers relevant information from multiple sources; makes sound decisions based on analysis, wisdom, experience and judgement to produce defensible real estate reports, reviews and recommendations.Execution Leadership - Drive and Execution: committed to achieving and exceeding established goals, overcoming obstacles; continuously learns to improve performance.Client Leadership - Client Leadership: places the client at the forefront; seeks firsthand client information and perspective; creates, builds, and maintains long"‘term relationships with clients.Qualifications and Education RequirementsActive Certified General Appraisal LicenseFive years of overall experience in commercial/residential real estate appraisal workBachelor's degree in business, finance or related discipline, or equivalent demonstrated work experienceMaster's degree in real estate related discipline or professional real estate designation preferredOld National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team! #J-18808-Ljbffr

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