Mortgage Valuation Officer Consumer Banking 12F25

The role of a Mortgage Valuation Officer within Consumer Banking is a vital component of ensuring the accuracy and reliability of property valuations used in mortgage lending processes. This position is integral to the mortgage approval process, as it involves assessing property values to determine suitable loan amounts and risk levels. As a Mortgage Valuation Officer, you will collaborate with loan officers, underwriters, and real estate professionals to ensure that the bank's mortgage portfolio is built on sound valuation practices. Your expertise will help in protecting the bank's interests by ensuring that appropriate valuation methodologies are applied and that the bank's policies and regulatory obligations are met. This position requires a strong understanding of real estate markets, financial principles, and regulatory frameworks related to mortgage lending.

Responsibilities

• Conduct thorough property valuations to support the bank's mortgage lending decisions.
• Analyze real estate market trends to assess impacts on property values.
• Collaborate with real estate agents and appraisers to gather property information.
• Prepare detailed valuation reports for submission to the bank's review committee.
• Maintain accurate records of valuation processes and findings.
• Ensure compliance with bank valuation policies and industry regulations.
• Provide expert advice on potential risks associated with property investments.
• Work closely with loan officers to tailor mortgage solutions to client needs.
• Assist in the development and refinement of valuation methodologies and tools.
• Communicate effectively with stakeholders to facilitate timely valuation outcomes.
• Identify discrepancies in property data and resolve valuation issues promptly.
• Stay informed about new valuation techniques and regulatory changes in the industry.

Requirements

• Bachelor's degree in finance, real estate, or a related field.
• Minimum of three years of experience in mortgage or property valuation.
• Strong understanding of real estate markets and valuation principles.
• Proficient in using valuation software and related financial tools.
• Excellent analytical skills with attention to detail and accuracy.
• Strong written and verbal communication skills for effective reporting.
• Knowledge of banking laws, regulations, and compliance standards.
• Ability to work independently and manage multiple tasks with strict deadlines.
• Professional certification in real estate appraisal or valuation is an asset.
• Familiarity with the Consumer Banking framework and practices is preferred.