Single Family Risk – Appraisal Quality Assurance Associate

Company Description

At Fannie Mae, futures are made. The inspiring work we do makes an affordable home a reality and a difference in the lives of Americans. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing environment. Here, you will help lead our industry forward and make your career.

Job Description

Operate under limited supervision managing the property valuation and maintenance process for assigned territories. Must be able to perform inspections, review appraisals, prepare property preservation reports, review property maintenance/repair standards, and determine accurate real estate property valuations. Knowledgeable in local markets to prepare and deliver monthly intelligence of current market conditions for assigned territories. Perform special projects requested by management.

THE IMPACT YOU WILL MAKE

The SF Collateral Risk – Collateral Management – Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Review valuation products for accuracy. Reconcile any discrepancies between multiple valuation products by identifying inaccuracies, misreporting and/or errors in appraisal methodology.
• Perform inspections in assigned territories for property maintenance, preservation, repairs, and valuation product reviews.
• Prepare reports to document inadequacies identified through the review process if a valuation product is deemed unacceptable.
• Review and determine effect of repairs (and quality of repairs), if any, on property values and marketing.
• Provide valuation training for assigned appraisers. Monitor appraiser performance. Escalate issues as appropriate.
• Ensure accurate, well supported values are obtained for assigned properties. Monitor adherence to corporate policies and procedures, including the firm’s valuation guidelines and other valuation tools.
• Gather and report market trends for designated territories.
• Review and identify property preservation (maintenance) reporting for inadequacies and provide training to property maintenance and quality control vendors as needed.
• Perform moderately complex projects and collaborate cross functionally as a team member on more complex projects.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience:

• Bachelor’s degree or equivalent
• 2+ years of related experience

Skills

• Must have a state designated real estate appraisal license or certification
• Position requires strong written and verbal communication skills
• Role requires the production of comprehensive written reports as well as effective presentations to internal or external groups in person or via video conferencing
• Technical skills required include proficiency in Excel, Power Point and SharePoint
• Preference to candidates with reporting and analytics experience including proficiency with applications such as Tableau, Alteryx, Power BI, PowerApps
• Competency in real estate market analysis including the capability to consistently monitor and effectively disseminate the most relevant aspects to multiple teams across the organization
• Proficiency in appraisal review in addition to experience in REO valuation.
• Experience completing quality assurance related functions for multiple valuation and property maintenance products and regions
• Experience managing appraisers, trainees and/or appraiser panels preferred

Tools

• Microsoft Office Suite – Excel, PowerPoint, Word, Outlook, TEAMs, OneNote, etc
• Local MLS access and proficiency

Additional Information

In response to COVID-19, Fannie Mae has adapted ourworkplace and hiring processesto better safeguard our employees, candidates, and new hires.We understand that this is an unprecedented situation and Fannie Mae is committed to creating protocols for these processes that are agile and conform with federal, state, and local health administration guidance. While the company’s operating status for on-site work is currently voluntary, the majority of Fannie Mae’s workforce is remote until further notice. We continue to conduct all interviews and onboarding virtually. In addition, all employees who wish to come on site must be fully vaccinated against COVID-19 and enter their vaccination information into a confidential HR system before arriving at the facility, unless they have an approved accommodation.Click hereto go directly to information about accommodations.

The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.