Remote New

REVS Residential Appraisal Reviewer - Remote

Veritex Community Bank
United States
May 20, 2025
Job Summary: This role is within the Credit Department under the Real Estate Valuation Services (REVS) division at Veritex Community Bank, reporting to the Chief Residential Appraiser. The REVS division handles all real estate appraisals, environmental assessments, equipment appraisals, and business validation services essential for the credit decision-making process in underwriting collateral for loans. Responsibilities and Duties: Monitor and maintain timely processing of all residential appraisal requests through RIMS (Real Estate Information Management System by Exactbid (aka Lightbox)). Review all requests and provided documents for consistency and follow up with lenders for additional documentation required. Ensure the appraisal review includes a thorough analysis of the appraisal report for reasonable assumptions, appropriate technical analysis, current market conditions, and ensures compliance with USPAP, FIRREA and Bank Policy. Maintain scoring records of each Appraisal Service Provider in RIMS. Provide evidence of review with relevant comments regarding validity of conclusions, adequacy of due diligence, etc. Also, provide an in-depth analysis of the appraisal that will help underwriters make sound judgment decisions regarding the collateral aspect of the loan and ultimately limit collateral risk. Respond to valuation questions and disseminate valuation guidelines and requirements with internal/external customers. Maintain thorough and up-to-date knowledge of the Uniform Standards of Professional Appraisal Practice (USPAP), the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), the Appraiser Independence Requirements (AIR) and company valuation guidelines that are pertinent to the appraisal review process. Maintain a good working relationship with the Approved Appraisers while monitoring appraisal orders, value dispute request, and status inquiries. Act as liaison between appraisers, lenders, and underwriters. Provide case-by-case training for lending staff on how to accurately describe collateral. Attend all in-person and remote meetings and business phone calls as requested. Maintain Bank Compliance educational requirements. Responsible for successful use and maintenance of Bank assigned Equipment. Understands the bank's overall risk appetite and how your specific department and individual job responsibilities align with the effective management of bank risk. Job Skills and Qualifications: Four-year College Degree preferably with an emphasis in Real Estate, and/or Finance Texas State General or Residential Certification SRA Designation (optional) FHA Approved Appraiser - past or present Minimum of Five years of residential appraisal and/or review experience Minimum of Five years of real estate appraisal experience in both traditional and/or investment bank environments. Knowledge of principles, practices, methods, and techniques of real estate appraisal. Ability to recognize and interpret real estate sales/rental data and market trends. Ability to utilize data resources and internet services to evaluate appraisal value conclusions. Ability to manage multiple priorities and clients at the same time. Ability to think autonomously while exhibiting initiative and sound judgement to address issues relating to the appraisal and make appropriate recommendations as they relate to risk. Excellent analytical and communication skills, including written and oral. Work independently in a fast-paced environment while collaborating within a team setting. Strong computer software skills, including knowledge of RIMS (Real Estate Information Management System) or equivalent ordering system such as FNC (CoreLogic) aka CMS or Mercury. Company Overview: Truth in Texas Banking. That's what we're about. Founded in 2010, we are one of the ten largest banks headquartered in the state of Texas. We became a publicly traded company in 2014 and in 2020 and 2021 we were listed on Fortune's 100 Fastest Growing Companies. Headquartered in Dallas, Texas, we've built a bank forever rooted in truth, transparency, and uncompromising integrity. We know our strongest asset is the passion, authenticity, and talent of our people. We focus on the growth and development of each team member to unlock potential to "Be Your True Self." Our "True You" culture is made up of five pillars: Be Mindful Be Healthy Be Better Be Prosperous Be Faithful With this as our foundation, we've built a bank of people who are transparent, tell the truth, and act with integrity. We unite together in common purpose - caring deeply for our clients and communities, communicating openly with each other, and treating everyone with respect. Visit our website at www.VeritexBank.com and come see how we're bringing truth and transparency to Texas banking. *Veritex Community Bank does not accept unsolicited resumes from recruiters or employment agencies.* Veritex Community Bank is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Veritex Community Bank. If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at Recruiting@VeritexBank.com. Work environment and Physical demands: The employee may occasionally lift and/or move up to 25 pounds. The employee may occasionally stand, walk, reach, climb, balance, stoop, kneel, crouch, or crawl. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs. This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources, Dallas, Texas. We are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on the Company. Please inform the Company's personnel representative if you need assistance completing any forms or to otherwise participate in the application process.