Overview
Reporting to the Senior Director, Managed Services, this role supports valuation reviews of institutional-grade commercial real estate appraisal reports. You will assess whether valuation theory, assumptions, and supporting analysis are accurate and reasonable, including key inputs such as cap rates and discount rates. The position is open across 48 states, with a preference for candidates in the Eastern or Central time zones to support collaboration with the India team.
Compensation
- $90,000 - $115,000 (base pay)
Compensation Disclaimer
The salary range reflects base pay for this role and is provided where required by local regulations. Actual offers may differ based on experience, market conditions, and other relevant factors. The range does not include additional compensation such as bonuses, equity, benefits, or other incentives.
Responsibilities
- Review institutional appraisals: Evaluate institutional-grade commercial real estate appraisal reports to determine whether valuation theory, methodology, assumptions, and supporting analysis are accurate and reasonable.
- Assess valuation assumptions and inputs: Examine the reasonableness of key valuation inputs (including cap rates, discount rates, and other assumptions) and identify questions, inconsistencies, or areas requiring additional support.
- Support portfolio valuation oversight: Contribute to the review of appraisals across approximately 50 real estate funds supporting TIAA-Nuveen, helping maintain consistency and quality across reviews.
- Collaborate with appraisal professionals and stakeholders: Work with Senior Managers, the Senior Director, and internal stakeholders to discuss findings, clarify valuation considerations, and support review priorities. Collaborate with the India team across time zones.
- Communicate review findings: Document and communicate questions, observations, and conclusions arising from appraisal reviews to ensure valuation considerations are understood and appropriately addressed.
- Contribute to continuous improvement: Support the integration of artificial intelligence (AI) and process improvements into valuation review workflows to enhance efficiency, consistency, and decision-making. Help develop and refine valuation review practices and procedures.
Requirements
- Appraisal review experience: 3–5 or more years of experience reviewing appraisals for institutional-grade commercial real estate, with the ability to assess appraisal methodology, valuation theory, market assumptions, and reasonableness of valuation conclusions.
- Licensing and designation progress: Hold a state Certified General Appraiser license and be on track to achieve the MAI designation through the Appraisal Institute.
- Technical proficiency: Daily or weekly experience using Argus Enterprise, with demonstrated practical fluency. Experience with Rockport Val or a comparable valuation platform may also be considered.
- Commercial real estate valuation knowledge: Strong understanding of commercial real estate valuation, including cap rates, discount rates, market conditions, and related assumptions used in institutional-grade reports.
- Analytical judgment: Ability to evaluate complex information, identify issues requiring further investigation, and form well-supported conclusions. Comfortable questioning assumptions respectfully and using evidence.
- Communication and collaboration: Clear communication and effective collaboration with colleagues, senior leaders, and external stakeholders.
- Education: An undergraduate or graduate degree in real estate, finance, economics, accounting, or a related field would be an asset. Equivalent knowledge gained through education, training, and practical experience is also valuable.
Interview Process
- Virtual interview with a Talent Advisor (conversation may be recorded using BrightHire)
- Virtual interview with Senior Managers (approximately 30 minutes)
- Technical assessment / Argus case study
- Final interview with the Senior Director, Managed Services (approximately 45–60 minutes)
Compensation & Benefits
- Rewarding performance: competitive compensation, incentive and bonus plans, and a total rewards package prioritizing mental, physical, and financial well-being.
- Growth and development: professional learning with an academy offering over 150,000 hours of learning content.
- Flexible work model: Activity-Based Work model to align work location with business needs, including office collaboration and remote work for focused tasks.
Location
US-based role open across 48 states, with a preference for candidates in the Eastern or Central time zones to support collaboration with the India team.