The role of a Valuations Analyst at Anchor Loans, LP is integral to the functionality and accuracy of their Valuations Department. Founded in 1998, Anchor Loans is dedicated to serving experienced residential real estate investors and builders through its innovative lending solutions. The company is a renowned private lender and has surpassed $10 billion in total fundings. Following its expansion initiatives, they currently lend across 48 states and aim to enhance their service lines.
Position Summary
The Valuations Analyst position involves a combination of robust analytical work and effective communication with various teams within the organization. The core focus is managing property valuations through meticulous assessment and ensuring compliance with appraisal regulations across their lending operations. The analyst will engage in three pivotal functions: appraisal review analysis, desktop valuation, and value reconciliation.
Essential Duties & Responsibilities
Appraisal Review Analysis
Conduct comprehensive analyses of third-party appraisal reports, validating that these reports adhere to industry standards and accurately represent property values.
Address any discrepancies found within the appraisal reports by communicating directly with external appraisers, ensuring that all concerns are clarified and compliant with regulations.
Desktop Valuation
Utilize in-house proprietary systems alongside various data sites to create accurate valuations of diverse property types, including single-family homes, condominiums, and multifamily units.
Support valuation accuracy by reviewing and analyzing market data, trends, property tax records, and other relevant documentation.
Value Reconciliation
Reconcile discrepancies among different valuation methods and reports to provide comprehensive evaluations that support the underwriting team.
Produce objective valuation reports following industry best practices and include detailed recommendations where necessary.
Communication and Collaboration
Regularly liaise with both processing and underwriting teams to flag any significant valuation issues or concerns.
Engage with local real estate agents for current market data, which aids in refining the valuation assessments.
Reporting and Administrative Support
Prepare detailed reports paired with recommendations based on thorough analyses, ensuring high documentation standards.
Manage deadlines associated with valuations, delivering timely and reviewed value opinions in support of expedited decisions.
Key Performance Indicators
The performance of the Valuations Analyst will be measured based on several criteria, including:
Accuracy and timeliness of property valuations.
Compliance adherence to appraisal standards.
Effectiveness in mitigating risks.
Overall cycle time in processing valuations.
Requirements
Educational Background
A Bachelor’s degree in Real Estate, Finance, Economics, or a closely related field is preferred. Candidates with relevant appraisal or valuation experience will also be considered.
Professional Experience
3 to 5 years working in a related field, especially focusing on desk-based analysis and valuation process.
Demonstrated knowledge and understanding of real estate valuations.
Technical Skills
Proficiency in Microsoft Office applications (Word, Excel, Outlook) is essential, along with the ability to use proprietary valuation systems.
Soft Skills
Excellent analytical, problem-solving, and decision-making capabilities.
Strong communication skills, with the capacity to engage professionally with all levels of team members and management.
Highly organized and detail-oriented, able to prioritize multiple tasks under pressure.
Work Environment
The Valuations Analyst will work in a hybrid capacity, being required to report to the Thousand Oaks office on Tuesdays, Wednesdays, and Thursdays. Remote work is optional on Mondays and Fridays. There are also opportunities for full remote work available for applicants residing within the state of California.
Compensation
The salary for this position ranges from $28 to $36 per hour, accompanied by an annual discretionary bonus based on both individual performance and the overall performance of the company.
Benefits
Anchor Loans prides itself on fostering a culture that mirrors the values of its employees: teamwork, innovation, and accountability. They believe in creating opportunities for success while enhancing homes and communities. To achieve this, they offer a competitive benefits package that includes:
Comprehensive health insurance options covering medical, dental, vision, and basic life insurance.
Generous leave policies, including sick leave and vacation benefits.
Highly competitive performance bonuses.
401(k) retirement plan with an employer match.
Tuition reimbursement programs for professional development.
Onsite activities such as workplace celebrations and team-building exercises.
Commitment to Diversity
Anchor Loans is an equal opportunity employer and values diversity across its workforce. All qualified candidates will be considered for employment regardless of their background or protected characteristics.
This job offer was originally published on himalayas.app
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