Data Center Appraisal Review Spec II (US)

Work Location:

Hours:

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Job Description:

The Appraisal Review Specialist II reviews, analyzes, and evaluates real estate appraisals and valuations for commercial loans produced by various appraisal vendors. Follows up on vendor valuations, reconciling differences in opinion or perspective. Researches and maintains knowledge of commercial real estate markets and market conditions within areas of responsibility. Reviews and evaluates appraisal companies and individual appraisers for approval to pursue Company appraisal bidding.

Depth & Scope:

• Seasoned specialist role requires greater experience in reviewing complex commercial appraisals including industrial, special purpose, multi-family and large subdivision/tract developments to ensure work is compliant with federal regulatory guidelines, Bank policy and Uniform Standards of Professional Appraisal Practice
• Reviews, analyzes, and evaluates real estate appraisals applying significant industry knowledge and experience to determine adequacy, appropriateness, and reasonableness
• Reviews lender prepared internal evaluations and provides guidance when necessary
• Researches market data and provides analysis to support a modification of an appraised value
• Explains valuation issues and provides insight on the commercial real estate trends
• Assists Company commercial loan officers on property inspections and assists with risk analysis when appropriate
• Solicits quotes from vendors for appraisal services based on the collateral valuation needs of the Company
• Negotiates fees and payment terms for appraisal services; writes clear and convincing appraisal reviews
• Keeps commercial loan officers informed of approved appraisal firms and individuals
• Develops and manages appraisal and valuation standards for the Company
• Participates in policy review and revision projects, applying specific knowledge of commercial real estate to process
• Follows up with vendors regarding issues of disagreement on valuations and appraisals; Determines methodologies used and basis for assumptions, comparing to industry standards and specific knowledge of market; May review properties in question through personal inspection to determine final valuation
• Resolves appraisal deficiencies with appraisal vendors
• Assists Appraisal Section Manager in coaching or training staff that are actively pursuing state appraisal certifications

Additional Information:

• Ensure compliance with Federal Regulatory Guidelines, TD Bank Appraisal Policy, Interagency Appraisal and Evaluation Guidelines, and the Uniform Standards of Professional Appraisal Practice (USPAP). Prepares internal evaluations using relevant industry and market data and reviews vendor-prepared evaluations. Proficiency with ARGUS and RIMS preferred.
• Provides market intelligence and Appraisal Policy guidance to Lending and Credit teams. Supports and participates in in-house Appraisal Training initiatives across the Bank.
• Prioritize, organize, and independently manage complex and time-sensitive appraisal assignments in a high-volume work environment.

Education & Experience:

• Bachelors degree required
• 5+ Years of related experience
• State Appraiser Certification required
• Some appraisal courses, preferably given by the Appraisal Institute
• Expert knowledge of commercial real estate appraising and valuation principles and practice
• In depth knowledge of legal and regulatory aspects of commercial real estate market
• Strong analytical and evaluative skills with the ability to combine numerous disparate pieces of data into a comprehensive structure to improve evaluative accuracy and effectiveness
• Excellent interpersonal communications and negotiations skills with the ability to explain interpretive and subjective decisions
• Strong prioritization and organizational skills including the ability to establish and change priorities based on sound business reasoning
• Demonstrates ability to resolve appraisal issues with lenders and managers in pressure situations
• Familiarity with FIRREA and USPAP
• Excellent verbal and written communication skills
• Ability to interact with, and provide excellent Customer service, to both external and internal Customers
• Income capitalization methods
• Residential subdivision experience
• Strong Customer focus

Preferred Qualifications:

• Five or more years of commercial real estate appraisal and/or appraisal review experience within a financial institution preferred.
• Substantial data center appraisal review experience and active appraisal credentials in multiple states where mandatory licensure is required for appraisal review work (i.e. AZ, CA, GA, etc.)
• MAI designation or equivalent experience required. Florida Certified General Real Estate Appraiser credential preferred, with the ability to obtain and maintain additional state licenses as business needs require.
• Requires extensive experience reviewing complex commercial real estate appraisals, including data centers, office, mixed-use, industrial, multifamily, special-purpose properties, and portfolio assignments. Experience working with financial institutions on syndicated transactions and portfolio management is preferred.

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.