Reviews commercial real estate appraisals, evaluations, BPOs, and CMAs for accuracy, methodology, and compliance. Independently tests value conclusions, analyzes income properties and construction projects, identifies deficiencies, recommends values across loan stages, and presents concise findings to investment, asset resolution, and credit review committees. The role also recommends additional due diligence and supports valuation decisions involving distressed, foreclosed, and REO properties.
Overview
- World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team.
- Collateral spans U.S. markets, from primary metros to tertiary and rural locations, so this role must form defensible value opinions in markets the reviewer may not know firsthand.
- Typical schedule is 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, with additional hours as committee timing and business needs require.
What You'll Be Doing (Core Responsibilities)
- Review appraisals, evaluations, BPOs, and CMA’s for accuracy, methodology, and compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines; return deficient reports for correction.
- Test value conclusions against independent market evidence (MLS, public records, CoStar, broker reports) in any U.S. market.
- Flag weak comparables, unsupported adjustments, stale data, math errors, and unreasonable extraordinary assumptions or hypothetical conditions.
- Analyze income property: rent rolls, operating expenses, NOI, cap rates, and discounted cash flow (DCF) assumptions.
- On construction and development loans, compare budgets, draws, and completion status against as-complete value conclusions.
- Recommend a value for each relevant premise (as-is, as-complete, as-stabilized, disposition) suited to the loan’s stage: origination, performing, default, workout, or REO.
- Write concise findings and present recommendations for Investment, Asset Resolution, and Initial Credit Review.
- Recommend added work when information is insufficient: new appraisal, inspection, environmental, or engineering report.
Requirements
- Education
- Bachelor’s degree in real estate, finance, economics, business, or a related field.
- Required Experience
- 5+ years in appraisal, appraisal review, collateral valuation, underwriting, or asset management, the majority on commercial collateral.
- Hands-on commercial and income-property valuation or review experience; residential review experience is a plus.
- Working knowledge of the sales comparison, income, and cost approaches, and of USPAP.
- Experience with distressed, foreclosed, or REO property.
- Strong Excel, writing, and presentation skills, and the confidence to challenge unsupported conclusions.
- Preferred Background / Industry Experience
- State Certified General or Certified Residential appraiser credential or progress toward Certified General.
- A professional valuation designation, or active candidacy for one, such as:
- AI-GRS (General Review Specialist, Appraisal Institute), the designation focused on commercial appraisal review
- MAI (Appraisal Institute), for commercial and income-producing property
- MRICS (Royal Institution of Chartered Surveyors)
- ASA (American Society of Appraisers), Real Property
- CCIM (CCIM Institute), for commercial investment analysis
- ARA (American Society of Farm Managers and Rural Appraisers), for rural and agricultural property
- AI-RRS or SRA (Appraisal Institute), for residential review and valuation
- Commercial appraisal review experience at a bank, portfolio lender, or private credit fund.
- Familiarity with construction and development projects and the cash flow-based analysis used to value them.
Key Performance Measures
- Accuracy of recommended values against subsequent sales and recoveries
- Material deficiencies caught before funding, workout, or disposition decisions
- Review turnaround time and consistency with WBL standards
- Quality of written findings and committee presentations
- Growth into independent review of complex commercial and development assets
Remote Work Requirements
- Stable, reliable internet connection.
- Professional and dedicated remote working environment.
Benefits
What We Offer
💰 Compensation includes a base salary of $65,000-$85,000.
🏖️ Benefits include medical, dental, vision, life, and disability coverage; a 401(k) with company match; and paid holidays and paid time off (PTO).
🌍 Work Environment: Fully remote work environment, with occasional travel for leadership off sites/corporate events.
Ready to Apply?
If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply
Similar Jobs
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Under direct supervision, investigates and manages commercial property, casualty, disability, and automobile claims. Responsibilities include gathering facts, determining coverage and liability, evaluating losses, estimating costs, negotiating settlements, advising policyholders, maintaining claim files, and preparing reports. The role includes comprehensive training, mentoring, and on-the-job development, with hybrid attendance required twice monthly for candidates near select offices.
Big Data • Fintech • Mobile • Payments • Financial Services
Resolves escalated customer inquiries through email and occasional phone support, applying product and financial knowledge to investigate complex issues. Maintains quality and productivity standards, identifies process improvements, supports training and new product launches, collaborates cross-functionally, manages schedules and channels, and creates procedural documentation. Requires English and French proficiency, strong communication, judgment, organization, and customer service experience in an omnichannel environment.
Top Skills:
Google WorkspaceMac (Ios)
3 Hours Ago
Artificial Intelligence • Cloud • Information Technology • Sales • Security • Software • Cybersecurity
Leads vulnerability intelligence research focused on rapidly analyzing and exploiting newly disclosed or actively exploited vulnerabilities. Develops Metasploit modules and framework improvements, conducts zero-day research, publishes technical analyses, advises detection teams, supports emergent threat response, presents research publicly, and mentors other researchers. The role requires advanced exploitation, reverse engineering, operating system, networking, and exploit mitigation expertise, plus cross-functional communication during time-sensitive security events.
Top Skills:
AIBinary DiffingCode DiffingLlmsMetasploit FrameworkNetworkingOperating SystemsReverse Engineering
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
