drjobs Sr. Review Appraiser

Sr. Review Appraiser

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 65300 - 121100

Vacancy

1 Vacancy

Job Description

Application Deadline:

06/27/2025

Address:

VIRTUAL(R)13 - HomeRes - IL

Job Family Group:

Audit Risk & Compliance

Monitors analyzes and reports on the quality of appraisals for a designated lending portfolio. Examines individual appraisals and aggregate level portfolio information to provide insights on the accuracy and consistency of decisions relative to risk strategies policies and appetite. Identifies deficiencies and recommends corrective action plans. Supports the implementation maintenance and sustainment of vendor appraisal services used by BMO.

  • Acts as a trusted advisor to assigned business/group.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Leads the development and maintenance of the governance system and framework.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Ensures alignment between stakeholders.
  • Represents the risk program / governance structure during internal/external regulatory audits and/or examinations.
  • Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments planning stakeholder management execution evaluation and sustainment of initiatives.
  • Guides/assists in the identification and classification of issues; recommends action plans.
  • Leads and integrates the monitoring measurement & reporting on the status of the governance program to internal & external stakeholders.
  • Leads the management of governance meetings and maintenance of governing body mandates oversight and approval guidelines.
  • May provide specialized support for other internal and external regulatory requirements.
  • Provides input into the planning and implementation of ongoing operational programs in support of the risk framework.
  • Leads/participates in the design implementation and management of core business/group processes.
  • Independently examines appraisals and evaluations prepared by vendors or BMO appraisers for adherence to all policies / procedures and standards applicable to the transaction based on established assessment processes.
  • Assesses the credibility and/or reliability of appraisals performed for the Bank as well as the reasonableness of the appraisal value conclusions.
  • Documents and reports results of reviews on an individual and summary basis; identifies and recommends action plans for resolving issues.
  • Identifies where corrective actions are required (e.g. incomplete investigations and analysis possible fraudulent transactions) and escalates per guidelines; ensures corrective action is taken as necessary.
  • Reviews third-party vendor applications for placement on the approved appraiser list against supplier standards.
  • Consults with stakeholders to improve consistency and transparency of risk measurement metrics and reporting.
  • Builds effective relationships with internal/external stakeholders.
  • Employs systems (e.g. customized exception reports tracking reports etc.) to manage information.
  • Integrates information from multiple sources to enable more efficient processes enhanced analysis and/or streamlined reporting.
  • Monitors and tracks performance and addresses any issues.
  • Designs and produces regular and ad-hoc reports and dashboards.
  • Breaks down strategic problems and analyses data and information to provide insights and recommendations.
  • Identifies business needs designs/develops tools and training programs; may include delivery of training to audiences.
  • Supports the development and promotion of a business/group program.
  • Executes work to deliver timely accurate and service.
  • Focus is primarily on business/group within BMO; may have broader enterprise-wide focus.
  • Provides specialized consulting analytical and technical support.
  • Exercises judgment to identify diagnose and solve problems within given rules.
  • Works independently and regularly handles non-routine situations.
  • Broader work or accountabilities may be assigned as needed.

    Open to remote workers

  • Qualifications:

  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • In-depth knowledge and understanding of appraisal standards for the jurisdiction / portfolio.
  • In-depth knowledge of regulatory requirements.
  • In-depth knowledge & experience with risk policy frameworks; quality control / testing frameworks.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.

Salary:

$65300.00 - $121100.00

Pay Type:

Salaried

The above represents BMO Financial Groups pay range and type.

Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.

BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performance-based incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.

As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an e-mail to and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.


Required Experience:

Senior IC

Employment Type

Full-Time

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