• Job Description

  Req#: 36849

  About Working at Commerce

  Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

  Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

  Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

  
  

  Compensation Range

  Annual Salary: $80,000.00 - $94,500.00 (Amount based on relevant experience, skills, and competencies.)

  About This Job

  The main purpose of this job is to participate in-depth underwriting discussions with lenders and senior credit management regarding real estate taken as collateral. This role experiences high volumes of production and is held to a variety of service level agreements to ensure our sales force holds a competitive advantage in the market place.

  Essential Functions

  • Bid, order, and review commercial real estate appraisals on commercial and residential loans

  • Review complex appraisals to ensure regulatory and bank policy compliance acceptability of methodology, and mitigate real estate value risks

  • Render opinions on the quality and reliability of new and existing file appraisals per policy guidelines and provide opinions as to the quality and marketability of loan collateral

  • Support in maintaining bank databases on property transactions and trends

  • Assist in underwriting environmental due diligence for commercial loans

  • Ensure compliance with regulatory requirements and bank policy

  • Partner with lenders and credit managers in order to provide high-quality consultation for informed and prudent loan decisions

  • Assist and support Appraisal Review Group department manager and Chief Appraiser as needed

  • May provide leadership to less experienced real estate associates in the workgroup

  • Perform other duties as assigned

  Knowledge, Skills & Abilities Required

  • Comprehensive knowledge of commercial real estate appraisal practices and techniques

  • Knowledge of bank regulatory requirements strongly preferred

  • Familiarity with environmental risks, regulations and site assessment reports preferred

  • Ability to maintain a high level of confidentiality

  • Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

  • Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

  • Intermediate level proficiency with Microsoft Word, Excel, Teams and Outlook

  
  Education & Experience

  • Bachelor's degree in Business, Accounting, or Finance, or equivalent combination of education and experience required

  • 7+ years’ experience in the valuation of commercial real estate required

  • State General Appraiser Certification required (MO, KS, IL, TX, or CO preferred)

  • Prior bank appraisal review experience strongly preferred

  • Member Appraisal Institute (MAI), real estate designations, or Appraisal Institute Advanced Associate (AIAA) with all coursework completed preferred

  ***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Senior Real Estate Appraiser job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $80,000 to $94,500 annually

  #LI-Remote

  The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

  Location: 8000 Forsyth Blvd, Clayton, Missouri 63105

  Time Type:

  Full time

• About the company

  Our mission? To help people and businesses solve financial challenges so they can focus on the things that matter most.

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