Job Description

Review Appraiser

World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team. Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.

About the Role

The Review Appraiser will serve as a subject matter expert in residential or commercial real estate appraisal. The role is responsible for reviewing appraisals and other valuation reports prepared by internal analysts and third-party providers, identifying material deficiencies, and recommending property values to the appropriate committee. This position is focused on appraisal review, quality control, collateral risk assessment, and communication of clear, supportable valuation recommendations. It is not primarily responsible for producing appraisals.

What Success Looks Like

Consistently delivers accurate, timely, and defensible valuation recommendations. Identifies material appraisal deficiencies and effectively communicates collateral risks. Provides clear, well-supported recommendations to credit and investment committees. Maintains high-quality, consistent appraisal review standards and supports junior analysts.

Typical Day-to-Day

Review internal valuations prepared by members of the Valuation team for completeness, accuracy, methodology, and supportability. Independently test and validate valuation conclusions using available market evidence and other relevant information. Identify and address deficiencies, unsupported assumptions, or other issues requiring clarification or additional support. Develop independent valuation recommendations based on the appraisal, internal analysis, and available market evidence. Handle complex or unusual properties on an ad hoc basis, including commercial properties, mixed-use assets, or cases where competing valuation sources disagree. Provide technical guidance and subject matter expertise to members of the Valuation team as needed.

Key Objectives for This Role (Quarterly Focus)

Review residential and commercial appraisals for accuracy, completeness, methodology, and supportability. Develop an independent recommendation of collateral value based on the appraisal and available market evidence. Present clear, defensible valuation recommendations to the Asset Resolution Committee and other decision-makers. Identify material appraisal deficiencies, unsupported assumptions, weak comparables, inappropriate adjustments, and valuation risks. Provide technical review and coaching to junior valuation analysts. Improve consistency, quality, and turnaround time of the appraisal review process. Track appraisal accuracy against subsequent sales, recoveries, and other market evidence to continuously improve valuation decisions.

What You'll Be Doing (Core Responsibilities)

Review residential or commercial appraisals, evaluations, broker price opinions, automated valuation models, inspections, and related valuation reports. Assess the accuracy, completeness, credibility, and suitability of each report for its intended use. Evaluate property characteristics, highest and best use, zoning, market conditions, comparable selection, adjustments, income assumptions, capitalization rates, cost estimates, and value reconciliation. Identify unsupported assumptions, mathematical errors, stale data, weak comparables, excessive adjustments, material omissions, and other valuation deficiencies. Return deficient reports for correction, clarification, or additional support. Develop an independent recommendation of property value based on the appraisal, supporting market evidence, internal records, inspections, and other available information. Recommend acceptance, modification, rejection, or further investigation of submitted valuation conclusions. Prepare concise written summaries of findings, risks, and recommended values. Present valuation recommendations to Investment Committee, Asset Resolution Committee, Initial Credit Review Committee or other decision-making committees. Explain valuation methodology, assumptions, market evidence, and collateral risks to management and committee members. Recommend additional appraisals, inspections, environmental reports, engineering studies, or other analysis when existing information is insufficient. Review work completed by junior analysts and provide technical guidance on appraisal methodology, comparable analysis, adjustments, and report documentation. Serve as a subject matter expert for the assigned valuation group; the OIC will be responsible for management of the group. Independently test and validate valuation conclusions. Handle difficult or unusual properties on an ad hoc basis, including commercial properties, mixed-use assets, or cases where competing valuation sources disagree. Help maintain consistent appraisal review policies, templates, checklists, escalation procedures, and quality-control standards. Support audits, regulatory reviews, litigation, loan sales, foreclosure decisions, and property disposition strategies involving collateral valuations. Work regularly with the SVP Asset Management, VP Valuation, Valuation Team Lead, and Valuation Team Members.

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