Senior Valuation Analyst Job at Banks Valuation, Chicago, IL

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  • Banks Valuation
  • Chicago, IL

Job Description

Banks Valuation is an appraiser-led residential real estate valuation firm, serving lenders, AMCs, and direct clients across multiple states. With a strong focus on quality control and scalable operations, we leverage proprietary technology to streamline appraisal and valuation processes. As we continue to scale our team and transition to new industry standards, we are seeking a Senior Valuation Analyst to help drive our quality initiatives and support our appraisers.

Key responsibilities include:
  • Review completed appraisal reports daily for accuracy, completeness, credibility, and compliance with USPAP, client guidelines, and company standards.
  • Evaluate and adjudicate revision requests (rebuttals, lender conditions, corrections), determining if further appraiser action is required.
  • Provide clear, specific written feedback to appraisers regarding deficiencies and guide them through complex revisions and client conditions.
  • Approve or return reports/revisions, documenting decisions with a comprehensive audit trail.
  • Manage workflow to meet daily turnaround standards and escalate recurring quality or deadline issues to leadership.
  • Serve as a resource to appraisers on methodology, comps, market analysis, and report writing, building strong working relationships.
  • Utilize the QC platform to review, flag, and document findings and communications.
  • Support UAD 3.6 adoption and review reports for compliance ahead of the November 2, 2026 mandate.
  • Stay current on USPAP, GSE (Fannie Mae/Freddie Mac), and FHA/VA guidelines, surfacing recurring deficiencies to improve training and processes.

Requirements

  • High school diploma or equivalent
  • 7+ years of residential real estate appraisal experience, including hands-on appraisal report review
  • Prior appraisal review or quality control experience in a high-volume environment (such as a multi-appraiser firm, lender, or AMC)
  • Experience reviewing or processing appraisal reports in a production-focused, high-throughput environment
  • Proficiency with at least one major appraisal software platform (TOTAL, ACI, or ClickFORMS) and Microsoft Office
  • Active use of AI tools (such as ChatGPT or Claude) in professional workflows, or willingness to adopt AI tools
  • Working knowledge of USPAP, Fannie Mae/Freddie Mac (GSE) appraisal guidelines, and FHA/VA appraisal requirements
  • Familiarity with UAD 3.6 requirements or willingness to become proficient before November 2, 2026
  • Holds an active Certified Residential appraiser license or Certified General appraiser license (with emphasis on residential appraisal work/review)
  • Available to work Central Time (CT) business hours
  • Able to start within 30 days

Benefits

At Banks Valuation, we’re committed to supporting appraisers with the tools, technology, and opportunities needed to succeed. Here’s what sets us apart:

  • Salary : $70,000 – $85,000 annually, depending on experience
  • Benefits : Medical, dental, vision, and life insurance
  • Remote work : This role is fully remote
  • Growth : You're joining a scaling company. The department is being built around quality, and strong performers have a clear path to bigger responsibilities
  • Tech-forward environment : We build our own tools, we use advanced technology to make review work smarter, and we want teammates who think that's exciting

Ready to Apply?

We're hiring for this role now and looking to start the right candidate soon. Please submit your resume along with a short note on why this role interests you.

Job Tags

Full time, Work at office, Remote work

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