Progress Residential

Valuations Manager

Progress Residential$120K — $130K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in real estate, finance, economics, or a related field preferred
  • 3-5 years of experience in appraisal or a similar field, focusing on desk-based analysis and team leadership
  • Strong leadership and team management skills
  • Demonstrated knowledge and understanding of real estate valuations
  • Proficiency in Microsoft Office and proprietary valuation systems
  • Excellent analytical, problem-solving, and decision-making skills
  • Strong organizational skills with attention to detail

Responsibilities

  • Guide and mentor Valuation Analysts for high-quality output
  • Lead team meetings and training on best practices
  • Collaborate with the Director to implement department initiatives
  • Manage workflow and performance of the Valuation Analyst team
  • Conduct performance reviews and support career development
  • Analyze third-party appraisal reports for compliance and accuracy
  • Act as a liaison between Valuations and cross-functional teams

Benefits

  • Comprehensive health insurance options including medical, dental, and vision
  • Generous sick leave and vacation benefits
  • Highly competitive performance bonus
  • 401(k) retirement program with employer match
  • Tuition reimbursement for professional development
  • Workplace celebrations and team-building events
  • Onsite gym access in Thousand Oaks
  • 12 paid holidays
Full Job Description

Job Summary:

The Valuations Manageris responsible foroverseeing complex valuation reviews and escalations across the RTL portfolio, ensuringaccurate, consistent, andtimelyvaluation decisions. This role partners closely with Credit, Asset Management, Trading, and Investment teams to support asset pricing, deal execution, portfolio performance, and risk management.

The ideal candidate brings strong real estate valuationexpertise, sound judgment, and the ability to navigate high-impact decisions in a fast-paced environment. This position also drives process improvements, promotes operational efficiency, and helpsestablishscalable valuation practices that support business growth and decision quality.

Essential Duties & Responsibilities:

Leadership and Oversight:

  • Provide expert guidance and mentorship to Valuation Analysts to enhance their skill sets and ensure high-quality work output.

  • Lead team meetings and training sessions to promote best practices and continuous improvement within the department.

  • Collaborate with the Director to implement department initiatives,monitorkey performance indicators, andexecute onstrategic goals.

People Management:

  • Manage the daily workflow and performance of the Valuation Analyst team, including workload balancing, quality control, andtimelyissue resolution.

  • Conduct performance reviews, provide constructive feedback, and support career development plans for team members.

  • Assistwith recruiting, onboarding, andtraining ofnew analysts as needed.

  • Promote a culture of accountability, integrity, and continuous improvement within the team.

Appraisal Review Analysis:

  • Conduct comprehensive analyses of third-party appraisal reports, ensuring they meet industry standards and accurately reflect property values.

  • Address discrepancies in appraisal reports by coordinating with external appraisers to ensure clarity and compliance.

Desktop Valuation:

  • Perform and oversee desktop valuations using company proprietary systems andadditionaldata sites to developaccuratevalue opinions on various property types, including single-family residences, condominiums, and multi-family units.

  • Review and analyze market data trends, property tax records, and other relevant data to support valuation accuracy.

ValueReconciliation:

  • Perform and oversee desktop valuations using company proprietary systems andadditionaldata sites to developaccuratevalue opinions on various property types, including single-family residences, condominiums, and multi-family units.

  • Review and analyze market data trends, property tax records, and other relevant data to support valuation accuracy.

  • Escalate high-risk or complex valuation scenarios for further review or adjustment.

Communication and Collaboration:

  • Perform and oversee desktop valuations using company proprietary systems andadditionaldata sites to developaccuratevalue opinions on various property types, including single-family residences, condominiums, and multi-family units.

  • Review and analyze market data trends, property tax records, and other relevant data to support valuation accuracy.

  • Act as a key liaison between the Valuations team and cross-functional partners including Credit, Underwriting, Risk, and Servicing.

  • Delivertimelyupdates, summaries, and valuation insights to support loan decisions and strategic planning.

  • Support compliance and audit requests with documentation and subject matterexpertiseas needed.

  • Contribute to ad hoc projects, policy updates, and operational initiatives.

  • Remain adaptable to evolving business needs in a fast-paced lending environment.

Key Performance Indicators

  • Accuracyand Timeliness of Valuations

  • CompliancewithAppraisal Standards

  • Risk Mitigation Effectiveness

  • Cycle Time

  • Team Performance and Development

Desired Skills and Qualifications:

  • Demonstrated knowledge and understanding of real estate valuations

  • College Degree Preferred or relevant appraisal/valuation experience

  • Proven leadership and team management skills

  • Proficiencyin Microsoft Office applications (Word, Excel, Outlook) and ability toutilizeproprietary valuation systems

  • Excellent analytical, problem-solving, and decision-making skills

  • Strong communicationskills, capable of interacting with professionalism and integrity with all levels of team members and management

  • Detail-oriented with excellent organizational skills; able to prioritize multiple tasks and meet strict deadlines

Requirements:

  • Bachelors degree in real estate, Finance, Economics, or a related field preferred

  • 3-5years of experience in appraisal or a related field, with significant emphasis on desk-based analysisand team leadership

Work Environment:

Thisis a hybrid position whichrequires inoffice reporting to Anchors main headquarters in Thousand Oaks, CA for aminimum3 days/week, ability to work remotely two days/week.

Compensation:

The base pay for this position is0,000- $130,000 ayear, plusannualdiscretionary bonus based on performance of the individual and company.

What We Offer:

The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:

  • Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance

  • Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits

  • Highly competitive performance bonus

  • 401(k) retirement program with employer match

  • Tuition reimbursement toward professional development

  • Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons

  • Onsite gym (Thousand Oaks only)

  • 12 Paid Holidays

About Progress Residential

Progress Residential is a real estate investment trust that owns and manages single-family rental homes. The company was founded in 2012 and is headquartered in Phoenix, Arizona. Progress Residential's portfolio includes over 40,000 homes in 20 markets across the United States. The company's mission is to provide high-quality rental homes and exceptional customer service to its tenants. Progress Residential offers a variety of amenities and services, including online rent payments, maintenance requests, and 24/7 customer support.
Learn more about Progress Residential
Size
1,000 employees
Industry

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