Commercial Valuation Spec

Commercial Valuation Spec

Job Locations

US-IL-Deerfield | US-IN-Evansville | US-IN-Indianapolis | US-KY-Louisville | US-TN-Nashville | US-MN-St Louis Park | US-IL-Chicago

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-18977

Workplace Type

On Site

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

We are currently seeking a Commercial Appraisal Review Officer that will review commercial real estate appraisals and produce restricted appraisals (internal evaluations). The appraisal review process will be performed in conformance with Standards 3 and 4 of the Uniform Standards of Professional Appraisal Practice (USPAP). Restricted appraisal reports will conform with Standards 1 and 2 of USPAP. This position requires being knowledgeable of the Interagency Appraisal and Evaluation Guidelines (IAEG), USPAP and ONB Guidelines and Procedures. Further, it requires general real estate industry knowledge across various commercial property classes. A Commercial Appraisal Review Officer is expected to be self-directed, goal oriented (meeting / exceeding production / volume), capable of making quick, independent (limited oversight) decisions with a focus on meeting client expectations in a fast-paced work environment.

Salary Range

The annual salary range for this position is $60,000 - $121,300. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Review Commercial Appraisal Reports :

Complete appraisal reviews in compliance with USPAP Standards 3 and 4 while recognizing appropriate appraisal methodology and techniques

• Opine on the completeness, accuracy, adequacy, relevance and reasonableness of appraisals
• Understand industry nuances between property types and knowledge across asset classes

Complete Internal Evaluations (Restricted Appraisal Reports) :

Provide Real Estate Consultation and Manage Internal Client Relationships :

Continue Education and Maintain Required Licensure :

Key Competencies for Position

Culture Leadership :

Execution Leadership :

Client Leadership :

Qualifications and Education Requirements

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!

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If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)