What are the responsibilities and job description for the Sr. Commercial Evaluations Analyst - Remote Opportunity position at First American?
Who We AreJoin a team that puts its People First! As member of First American's family of companies, Mortgage Solutions provides lenders with solutions to originate, close and service quality loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.What We DoPrimary responsibility is to fulfill Commercial Evaluation Reports requested through the system. Analysts will utilize algorithms and analyze results retrieved from commercial databases to search for comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form an opinion of the market value of propriety. Demonstrates excellent judgment with little to no assistance from the lead of appropriate comparable selection for each subject property. Work is typically sent directly to the lender without requiring additional review.
First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.
Essential Functions
- Able to perform all the functions of the Analyst Associate level, Analyst level, and;
- Appropriately adjust for items including: condition, quality, age, effective age, sale date, sale conditions, in addition to fields not stated in the adjustment field, but of significant importance to the report
- Understand and be able to perform a contributory value of additional structures using Marshall and Swift cost manuals
- May conduct Quality Control Reviews of other Analyst's reports and make recommendations for necessary changes
- Makes final approval and sign off prior to release to the client if directed by lead
- Re-analyze the property by completing a Value Reconsideration report if needed
- Demonstrate an excellent understanding of the following, but not limited to: sale transactions, market analysis, property type, condition and quality standards, complex property types, multiple use type properties, and general deed types
- Provides training to team members when directed by the lead
- With minimal assistance, demonstrate a strong understanding of income approach and/or land evaluation
Knowledge and Skills/Technology Used
- Advanced knowledge of concepts, practices and procedures related to commercial evaluation
- Experience in large corporation working in a complex environment
- Excellent verbal and written communication skills
- Exercises confidence, sound judgment and independent decision making skills
- Strong organizational skills with the ability to multi task, prioritize and work under pressure
- Proficient with Microsoft Office
Typical Education
- Bachelor's degree
- Appraisal classes and exams required or equivalent
Typical Range of Experience
- Typically has 5 years of experience in real estate with a real estate/lender or appraisal firm
First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.