Valuation Quality Control III
World Business Lenders · Remote · $65,000–$85,000 (stated in the posting)
Overview
- 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.
- Collateral spans U.S. markets, from primary metros to tertiary and rural locations, so this role must form defensible value opinions in markets the reviewer may not know firsthand.
- Typical schedule is 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, with additional hours as committee timing and business needs require.
What You'll Be Doing (Core Responsibilities)
- Review appraisals, evaluations, BPOs, and CMA’s for accuracy, methodology, and compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines; return deficient reports for correction.
- Test value conclusions against independent market evidence (MLS, public records, CoStar, broker reports) in any U.S. market.
- Flag weak comparables, unsupported adjustments, stale data, math errors, and unreasonable extraordinary assumptions or hypothetical conditions.
- Analyze income property: rent rolls, operating expenses, NOI, cap rates, and discounted cash flow (DCF) assumptions.
- On construction and development loans, compare budgets, draws, and completion status against as-complete value conclusions.
- Recommend a value for each relevant premise (as-is, as-complete, as-stabilized, disposition) suited to the loan’s stage: origination, performing, default, workout, or REO.
- Write concise findings and present recommendations for Investment, Asset Resolution, and Initial Credit Review.
- Recommend added work when information is insufficient: new appraisal, inspection, environmental, or engineering report.
Requirements
- Education
- Bachelor’s degree in real estate, finance, economics, business, or a related field.
- Required Experience
- 5+ years in appraisal, appraisal review, collateral valuation, underwriting, or asset management, the majority on commercial collateral.
- Hands-on commercial and income-property valuation or review experience; residential review experience is a plus.
- Working knowledge of the sales comparison, income, and cost approaches, and of USPAP.
- Experience with distressed, foreclosed, or REO property.
- Strong Excel, writing, and presentation skills, and the confidence to challenge unsupported conclusions.
- Preferred Background / Industry Experience
- State Certified General or Certified Residential appraiser credential or progress toward Certified General.
- A professional valuation designation, or active candidacy for one, such as:
- AI-GRS (General Review Specialist, Appraisal Institute), the designation focused on commercial appraisal review
- MAI (Appraisal Institute), for commercial and income-producing property
- MRICS (Royal Institution of Chartered Surveyors)
- ASA (American Society of Appraisers), Real Property
- CCIM (CCIM Institute), for commercial investment analysis
- ARA (American Society of Farm Managers and Rural Appraisers), for rural and agricultural property
- AI-RRS or SRA (Appraisal Institute), for residential review and valuation
- Commercial appraisal review experience at a bank, portfolio lender, or private credit fund.
- Familiarity with construction and development projects and the cash flow-based analysis used to value them.
Key Performance Measures
- Accuracy of recommended values against subsequent sales and recoveries
- Material deficiencies caught before funding, workout, or disposition decisions
- Review turnaround time and consistency with WBL standards
- Quality of written findings and committee presentations
- Growth into independent review of complex commercial and development assets
Remote Work Requirements
- Stable, reliable internet connection.
- Professional and dedicated remote working environment.
Benefits
What We Offer
💰 Compensation includes a base salary of $65,000-$85,000.
🏖️ Benefits include medical, dental, vision, life, and disability coverage; a 401(k) with company match; and paid holidays and paid time off (PTO).
🌍 Work Environment: Fully remote work environment, with occasional travel for leadership off sites/corporate events.
Ready to Apply?
If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply