Review Appraiser

Creve Coeur, Missouri
May 01, 2024
Jun 22, 2024
Full Time

The Review Appraiser is a member of the Real Estate Technical Services Group. In connection with Busey Bank Policy, FIRREA, USPAP and the Interagency Appraisal and Evaluation Guidelines (IAG) regarding real-estate-related financial transactions, this associate is responsible for managing the valuation process for a given workload/que, which may include consultation with Busey associates and third party vendors, valuation product procurement, completing appraisal reviews, internal evaluations, and validations connected to commercial lending activities for residential and commercial real estate.

Additional Duties:

  • Understands FIRREA, USPAP and the Interagency Appraisal and Evaluation Guidelines.

  • Has dialogue with lenders and appraisers as to issues in the valuation process.

  • Understands the commercial loan process and its documentation as well as the appraisal, evaluation, validation, and environmental report process.

  • Organizes the appraisal, evaluation, validation, and environmental report ordering process in RIMS.

  • Accepts requests from lenders/coordinators. Contacts appraisers/vendors for completing requests.

  • Utilizes RIMS to process valuation requests associated with commercial lending activities.

  • Updates information in RIMS and maintains database records of all reports.

  • Reads residential and commercial real estate appraisals and completes appraisal reviews.

  • Uses outside appraisers or the Commercial Appraisal Services Manager to complete the technical reviews, as required by bank policy.

  • Completes internal evaluations, validations and reviews environmental reports and evaluations.


Knowledge of:

  • Policy and federal regulations including, but not limited to, FDIC and FIRREA regulations.

  • Strong oral and written communication skills

  • Strong organizational skills

  • Federal regulations

  • Math skills for financial calculations

  • Commercial loan process and its documentation

  • Understanding of valuation services as described in USPAP, including but not limited to, appraisal and appraisal review standards, process, procedures, techniques and reporting.

Ability to:

  • Maintain confidentiality of customer information

  • Take moderate care to prevent loss to the organization

  • Analyze and solve problems for which there are not precedents

  • Maintain mental concentration for variable lengths of time

  • Perform duties under frequent time pressures

  • Solve problems independently while applying logic and discretion


  • Requires a Bachelor’s degree.

  • Requires a State issued Certified General Appraisal License

  • Requires 3 or more years of Commercial Real Estate experience

  • Requires knowledge of Microsoft Office.


  • Customer Service - Adheres to The Busey Promise service standards in order to anticipate and exceed the needs of our customers, both internal and external.

  • Functional Knowledge and Technical Skills - Skilled in job-specific knowledge that is necessary to provide the appropriate quantity and quality of work in a timely and efficient manner.

  • Accountability - Work behaviors demonstrate responsible personal and professional conduct, which contributes to the overall goals and objectives of Busey.

  • Interpersonal Relations (Teamwork) - Interacts effectively with others to establish and maintain smooth working relations.

  • Forward Thinking – Anticipating the implications and consequences of situations and taking appropriate action to be prepared for possible contingencies.

  • Attention to Detail – Working in a conscientious, consistent, and thorough manner.

  • Written Communication – Communicating ideas and information in writing to ensure that information and messages are understood and have the desired impact.

  • Oral Communication – Communicating ideas and information verbally to ensure that information and messages are understood and have the desired impact.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence.

Busey is an Equal Opportunity Employer including Disability/Vets. learn more about Busey’s Equal Opportunity Employment.

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