Commercial Appraisal Review Manager
Washington Federal
Seattle, WA
JOB DETAILS
SALARY
$135,000–$185,000 Per Year
JOB TYPE
Full-time, Employee
SKILLS
Affirmative Action, Appraisal Review, Bank Management, Bank Secrecy Act, Banking Services, Best Practices, Develop and Maintain Customers, Federal Laws and Regulations, Government Regulations, Government Requirements, Internal Audit, Legal, Loan Collateral, Loan Review, Loan Servicing, Loan Underwriting, Loans, Maintain Compliance, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, People Management, Performance Reviews, Real Estate Appraisals, Regulations, Regulatory Requirements, Rehabilitation Act, Residential Real Estate, Risk, Risk Analysis, Staff Requirements, Staff Training, State Laws and Regulations, Statistics, Time Management, Tuition Reimbursement, USA PATRIOT Act, Web Interface, Willing to Travel, eLearning
LOCATION
Seattle, WA
POSTED
7 days ago
Location : Location
US-WA-Seattle
Location/Org Data : Name
Appraisal
Location : Address
425 Pike Street
Location : City
Seattle
Location : State/Province
WA
ID
2026-4527
Category
Appraisal
Position Type
Full Time
Min
USD $135,000.00/Yr.
Max
USD $185,000.00/Yr.
Min
USD $135,000.00/Yr.
Max
USD $185,000.00/Yr.
Job Summary
The Commercial Appraisal Review Manager is responsible for the management and supervision of the Commercial and Residential Appraisal Departments. This role involves working closely with our lending teams across the Company's eight state footprint with their appraisal needs and ensuring adherence to the Uniform Standards of Professional Appraisal Practice (USPAP), FIRREA and other government regulatory requirements, and the Company's Appraisal Standards.
Along with the key functions listed below, this position is expected to uphold the value that WaFd Bank places on simply being nice when servicing our co-workers and clients.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Establish and maintain the Bank's appraisal standards to ensure that all real estate appraisals and evaluations align with legal and regulatory requirements. Stay abreast of industry legal and regulatory changes and expectations to ensure appraisal standards and procedures remain up to date and compliant.
Establish and maintain workflow processes and procedures to ensure:
Compliance with the Bank's appraisal standards, Interagency Appraisal and Evaluation Guidelines, Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), Uniform Standards of Professional Appraisal Practice (USPAP) and all other applicable federal and state regulations
Independence of persons ordering, performing and reviewing appraisals or evaluations is maintained in accordance with regulatory expectations
Appraisals, evaluations and appraisal reviews are received in a timely, cost-effective manner
Processes allow the Bank flexibility to ensure the right appraisers are assigned to more complex or unusual appraisal requests.
Requests for appraisal revisions comply with regulations
Establish and maintain strong working relationships with Relationship Managers, Credit Administrators, and other Bank personnel. Proactively and regularly convey the Bank's appraisal requirements to lending personnel through training and formal/informal communication.
Oversee selection of external fee appraisers, ensuring adequacy of appraiser panel to meet business volume and highly competitive turnaround time requirements. Ensure panel consists of the highest quality appraisers available in each market. Maintain a strong working relationship with panel appraisers to ensure positive two way communication.
Monitors ongoing certification status of appraiser panel
Ensure Bank appraisal desk and review staff obtain regular training on appraisal requirements, best practices, red flags, tools, etc.
Interface with regulators, internal audit, loan review, enterprise risk and compliance personnel during periodic exams and risk assessments.
Manage the Bank's appraisal personnel including staff reviewers and appraisal ordering desk.
Provide periodic peer critiques of appraisal reviewers and training for all commercial and residential review staff members
Follow all Bank policies and procedures and comply with training requirements.
Support the Bank's goals and core values
Provides relevant statistics for the commercial and residential appraisal activities to the Senior Operating Committee
May require travel to other WaFd Bank office locations and to collateral property locations, particularly for large or unusual loan transactions.
Adhere to bank policies and procedures designed to comply with federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations. To that end, ensure timely and accurate preparation of Currency Transaction Reports, Suspicious Activity Reports and other recordkeeping requirements.
Complete and pass all assigned eLearning courses and assigned certifications as required.
Avoid all real or perceived conflicts of interest and always maintain client privacy and confidentiality.
Other duties as assigned.
Qualifications
Education/Skills/Training:
Bachelor's Degree from an accredited College or University
State Certified General license
MAI certification strongly preferred
Skills, Knowledge and Abilities:
10 years minimum commercial and/or residential real estate appraisal experience required
A minimum of 5 years in the banking industry strongly preferred
National real estate valuation experience
At least 3 years of managerial/supervisory experience
Adept in use of core technical tools including Microsoft Office (Word, Excel, PowerPoint, Outlook), Bank loan underwriting and servicing systems and web-based interface with appraisal processes.
Benefits
At WaFd Bank you get all of these great benefits!
Paid time off for vacation, sick days and holidays
Health insurance
Stock options
Bonus programs
Generous 4% 401(k) matching plus a generous 3% annual contribution, 7% total employer contribution
Paid Parental Leave
Life and AD&D insurance
Long-term disability
Tuition Reimbursement
Employee assistance programs
Pre-tax health and dependent-care spending plans
WaFd Bank Benefits Summary - Click here for more information
EEO Statement
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, color, religion, sex, sexual orientation, gender identity, military and/or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974, which require affirmative action to ensure equal opportunity in all aspects of employment. WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375
EEO Policy Statement - WaFd Bank
Know Your Rights: Workplace Discrimination is Illegal - click here for more information
California Consumer Privacy Act- CCPA 2025
Requisition Post Information* : Posted Date
2/13/2026
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnnel actions are administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375
About the Company
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