Citigroup Inc.
Commercial Appraiser - Real Estate Risk Sr. Officer - SVP
Citigroup Inc., Jacksonville, Florida, United States, 32290
Overview
Perform critical reviews of externally prepared commercial appraisals to ensure that the value conclusions are credible and that the reports are in compliance with all necessary requirements. Responsible for managing the review process. Contract with vendors; manage vendors to on-time delivery and quality product; and maintain the timely status of each assignment on a common job tracking system. Participate in the review of portfolios. On occasion may lead an ad hoc team for valuation due diligence or a special project; prepare market studies; provide market intelligence to the lenders on a specific deal; prepare internal appraisals; perform sensitivity analyses for property cash flow projections; and evaluate the feasibility of a complex investment. Resolve any issues that are not compliant with Citibank policies or conclusions that are not reasonable. Advise risk managers in addressing complex real estate issues. Objectively provide risk managers with a balanced view of the risk associated with a given property. Opportunity to work with a wide variety of property types across the US ranging from small, single properties to large portfolios. Responsibilities
Review externally prepared commercial appraisals for credibility and compliance with requirements. Manage the appraisal review process and vendor relationships to ensure on-time delivery and quality. Maintain assignment status on a common job tracking system. Participate in portfolio reviews and lead ad hoc teams for valuation due diligence or special projects when needed. Prepare market studies and provide market intelligence to lenders on specific deals. Prepare internal appraisals and perform sensitivity analyses for property cash flow projections. Evaluate feasibility of complex investments and resolve non-compliant issues with Citibank policies or unreasonable conclusions. Advise risk managers and provide a balanced view of risks associated with properties. Work with a wide variety of property types across the US, from small properties to large portfolios. Qualifications
Minimum of 10+ years of appraisal experience with at least 3 years in a lending institution. Bachelor’s degree required; advanced degrees may be preferred. Must have completed and passed all Appraisal Institute classes necessary for the MAI designation, or equivalent education. Must be a state Certified General Appraiser. Broad expertise across commercial property types (office, retail, industrial, multifamily) and special purpose properties (self storage, hotels, assisted living, C-stores/gas stations, etc.) as well as affordable multifamily housing. Strong sense of the characteristics affecting value; highly productive and efficient as a reviewer; able to work autonomously for single properties up to $100MM+ in value. Subject Matter Expert for commercial appraisal; proficient in MS Office; outstanding proficiency in Argus and Rockport VAL DCF software and MS Excel. Solid understanding of USPAP; knowledge of FIRREA and related regulatory policies; familiarity with Freddie Mac, Fannie Mae, and SBA appraisal requirements is a plus. Excellent analytical, interpersonal, verbal and written communication skills; ability to work under pressure and multi-task; strong organizational and management skills; ability to build and sustain relationships with internal clients and vendors. Position details
Job Family Group: Risk Management Job Family: Real Estate Appraiser Time Type: Full time Primary Location: Jacksonville Florida United States Primary Location Salary Range: $141,440.00 - $212,160.00 Benefits and posting
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. Most Relevant Skills: Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment. Other Relevant Skills: For complementary skills, please see above and/or contact the recruiter. Additional information
Anticipated Posting Close Date: Oct 17, 2025 Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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Perform critical reviews of externally prepared commercial appraisals to ensure that the value conclusions are credible and that the reports are in compliance with all necessary requirements. Responsible for managing the review process. Contract with vendors; manage vendors to on-time delivery and quality product; and maintain the timely status of each assignment on a common job tracking system. Participate in the review of portfolios. On occasion may lead an ad hoc team for valuation due diligence or a special project; prepare market studies; provide market intelligence to the lenders on a specific deal; prepare internal appraisals; perform sensitivity analyses for property cash flow projections; and evaluate the feasibility of a complex investment. Resolve any issues that are not compliant with Citibank policies or conclusions that are not reasonable. Advise risk managers in addressing complex real estate issues. Objectively provide risk managers with a balanced view of the risk associated with a given property. Opportunity to work with a wide variety of property types across the US ranging from small, single properties to large portfolios. Responsibilities
Review externally prepared commercial appraisals for credibility and compliance with requirements. Manage the appraisal review process and vendor relationships to ensure on-time delivery and quality. Maintain assignment status on a common job tracking system. Participate in portfolio reviews and lead ad hoc teams for valuation due diligence or special projects when needed. Prepare market studies and provide market intelligence to lenders on specific deals. Prepare internal appraisals and perform sensitivity analyses for property cash flow projections. Evaluate feasibility of complex investments and resolve non-compliant issues with Citibank policies or unreasonable conclusions. Advise risk managers and provide a balanced view of risks associated with properties. Work with a wide variety of property types across the US, from small properties to large portfolios. Qualifications
Minimum of 10+ years of appraisal experience with at least 3 years in a lending institution. Bachelor’s degree required; advanced degrees may be preferred. Must have completed and passed all Appraisal Institute classes necessary for the MAI designation, or equivalent education. Must be a state Certified General Appraiser. Broad expertise across commercial property types (office, retail, industrial, multifamily) and special purpose properties (self storage, hotels, assisted living, C-stores/gas stations, etc.) as well as affordable multifamily housing. Strong sense of the characteristics affecting value; highly productive and efficient as a reviewer; able to work autonomously for single properties up to $100MM+ in value. Subject Matter Expert for commercial appraisal; proficient in MS Office; outstanding proficiency in Argus and Rockport VAL DCF software and MS Excel. Solid understanding of USPAP; knowledge of FIRREA and related regulatory policies; familiarity with Freddie Mac, Fannie Mae, and SBA appraisal requirements is a plus. Excellent analytical, interpersonal, verbal and written communication skills; ability to work under pressure and multi-task; strong organizational and management skills; ability to build and sustain relationships with internal clients and vendors. Position details
Job Family Group: Risk Management Job Family: Real Estate Appraiser Time Type: Full time Primary Location: Jacksonville Florida United States Primary Location Salary Range: $141,440.00 - $212,160.00 Benefits and posting
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. Most Relevant Skills: Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment. Other Relevant Skills: For complementary skills, please see above and/or contact the recruiter. Additional information
Anticipated Posting Close Date: Oct 17, 2025 Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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