Director - Senior Appraisal Reviewer
Responsibilities
Base Salary Range: [$225,000 - $325,000]
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.
Global Banking and Advisory (GLBA) combines recognized wholesale coverage with world-class product, financing, and advisory expertise within one team, enabling us to best support our clients. On the one hand, our transversal, product-neutral coverage teams span all businesses to promote the bank's products and services to our clients globally, and on the other, we provide world-class capital raising, financing and advisory expertise.
Overview:
The Senior Appraisal Reviewer assists in the development and coordination of the corporate appraisal policy and appraisal review program for Société Générale to ensure compliance with all regulatory and internal requirements. Guides all levels of management relative to the risk management of complex real estate collateral valuations. Manages third-party appraisal and appraisal review firms in the review of commercial real estate appraisals for compliance with regulatory requirements and recommends actions to achieve compliance for unacceptable appraisal reports. Keep management abreast of changes in the laws and regulations governing appraisal requirements.
Responsibilities:
The Senior Appraisal Reviewer will have the following duties and responsibilities, including but not limited to:
- Assists in the development, coordination and implementation of the corporate appraisal policy and appraisal review program for Société Générale to ensure compliance with regulatory requirements.
- Perform, and coordinates third-party appraisal reviews to ensure that the value conclusions are credible, accurate, well supported and that the reports are in compliance with all regulator and internal requirements.
- Manage vendors to on-time delivery and quality product; and maintain the timely status of each assignment.
- Resolve any appraisal issues that are not in compliance with Société Générale policies or conclusions that are not reasonable.
- Objectively provide front office and risk managers with a balanced view of the risk associated with a given property, market, or property type.
- Responsible for special projects assigned by management including economic trends and commercial real estate statistics.
- Respond to outside regulator audit requests with regard to commercial lending and valuation practices.
- Represent Société Générale through contact with business and trade professionals.
- Assist in the development of appropriate ESG metric and strategy for real estate.
Profile required
Competencies:
- Subject matter expert for commercial appraisal topics.
- Must have a comprehensive understanding of all appraisal related regulations and policies including USPAP and FIRREA.
- Proficiency in Argus, MS Excel and MS Office.
- Must have strong verbal and written communication skills.
- Excellent organization, analytical and problem-solving skills with high attention to detail and accuracy.
- Ability to take initiative and work independently with minimal supervision in a structured environment.
- Capable of being an effective decision maker.
- Must be able work under pressure to manage tight deadlines and multi-task.
- Sustain good relationships with internal clients and vendors.
Qualifications:
Education
- Should have bachelor’s degree, advanced degree desired.
Experience
- Minimum of 10+ years of appraisal development and review experience with at least five years in a lending institution.
- Have outstanding breadth and depth of commercial appraisal expertise that includes all major property types (office, retail, industrial, multifamily, hospitality) and special purpose properties (student housing, self-storage, data centers, life science properties, etc.).
- Must have a strong sense of the characteristics affecting value.
Certifications
- MAI designation required.
Business insight
OUR CULTURE:
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)
D&I:
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:
• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients
For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)
HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.