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SMBC Group

Chief Appraiser

SMBC Group, New York, New York, us, 10261

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The anticipated salary range for this role is between $223,000.00 and $255,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees. Role Summary

Directs Real Estate Appraisal. Advises Management as to the adequacy, quality, and value of its real estate collateral. Provides real estate expertise to SMBC management. Recommends, implements, and administers policies and procedures with regard to real property appraisals Reporting Relationships

Reports to the Chief Risk Officer Direct Reports : Deputy Chief Appraiser Appraisal Administrator Principal Responsibilities / Duties

Develops short- and long-term goals and objectives for Real Estate Appraisal. Recommends, implements, and administers appraisal guidelines, policies, and procedures for the Bank. Monitors federal, state and local laws as they relate to real estate appraisal and incorporates necessary changes into SMBC policies and procedures. Develops, directs, and maintains an appraisal staff knowledgeable in all areas of real property analysis and capable of evaluating the Bank's real property interests. Solicits and approves qualified, state- licensed fee appraisers for SMBC appraisal assignments. Maintains, monitors, and distributes list(s) of approved appraisers. Note : The list of commercial real estate appraisers will not be distributed outside of Real Estate Appraisal. Performs various personnel functions, including making or recommending decisions regarding hiring, transfers / promotions, performance reviews, salary adjustments, disciplinary actions, and terminations. Reviews or causes to be reviewed appraisals and evaluations for accuracy, completeness, logic, and regulatory compliance. Resolves appraisal and / or valuation issues for SMBC departments as needed. Monitors changes in the appraisal profession and allied fields and effectuates changes as necessary in SMBC policies and procedures. Reviews, monitors, and analyzes real estate market conditions. Qualifications and Skills

Licensed as a Certified General Real Estate Appraiser by relevant key U.S. states. Graduation from an accredited four-year college. Comprehensive knowledge of real estate appraising, generally acquired through a minimum of eight years’ experience in appraising residential, industrial and commercial properties. A thorough knowledge of appraisal techniques including discounted cash flow and internal rate of return analyses. Proven managerial ability, generally demonstrated through a minimum of four years’ experience. Strong oral and written communication skills. The ability to operate an automobile to travel to and from appraisal inspection sites. SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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