Job Description:At Regions, the Commercial Evaluation Group (CEG) Commercial Real Estate Evaluator performs analyses and evaluations on complex commercial properties.
Primary Responsibilities
- Independently analyzes commercial properties to estimate the market value of collateral pledged against real estate loans
- Works with vendor managers, relationship managers, underwriters, and other bank associates to ensure that evaluation requests are submitted in the RIMS system with accurate information
- Controls and mitigates risk within the CEG
- Recommends solutions and solves issues regarding collateral analyzed and valued
- Impacts decisions regarding collateral to be pledged to real estate secured loans
- Utilizes Sales Comparison and Income Analyses in the valuations of commercial properties
- Assists senior management in conducting routine audits of departmental activities which ensures effectiveness
- Assists senior management in ensuring that goals and objectives are clearly communicated and attained on a consistent basis
- Offers advice and guidance to junior evaluators, assisting in the development of necessary skills and the promotion of continuous improvement initiatives
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
- Bachelor's degree in related field
- Six (6) years of experience in real estate analysis, underwriting, or appraisal
- Advanced understanding of real estate terminology and valuation methods
- Advanced ability to utilize data analysis and selection in the estimation of values
- Advanced ability to perform complex valuations on commercial properties using applicable analyses
Preferences
- State Certified Commercial Real Estate Appraiser
- Commercial Real Estate related designation or affiliation such as Member Appraisal Institute (MAI), Certified Commercial Investment Member (CCIM), Society of Industrial and Office Realtors (SIOR), or Certified Property Manager (CPM)
Skills and Competencies
- Ability to learn additional systems as needed
- Ability to research, analyze data, and derive facts
- Ability to work autonomously, with minimal guidance
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$85,546.89 USD
Median:
$106,011.00 USD
Incentive Pay Plans:
This job may participate in an annual discretionary bonus plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
Location DetailsAtlanta Midtown
Location:Atlanta, Georgia
