Valuations Specialist III (On-site)

Primary Function

Under minimal guidance the Valuations Specialist III will be responsible for leading Valuation Specialists to complete routine and complex assigned, valuation responsibilities. The Valuations Specialist III will support team members to meet individual work lists and tasks efficiently while modeling procedural behaviors with an assigned set of accounts and other responsibilities. The Valuation Specialist III will be the initial escalation point for the Valuation Specialists. The Valuation Specialist III will work with the Senior Appraisal Manager to review and decision valuation reports that are outside of established QA requirements. They will assist other team members in meeting and exceeding Valuation team metrics, as well as addressing vendor concerns. The Valuations Specialist III will work closely with the Valuations Team Manager, to ensure that Valuation Specialists perform at the highest levels and that Valuation Vendors meet the expected requirements for quality and timeliness.

Principal Duties

• Review returned valuation reports for accuracy and completeness.
• Initiates secondary review of valuation reports when the automated QA metrics are not satisfied.
• Assists in managing relationships with and performance of appraisers, and vendors.
• Assists Valuation Manager in the control of expenses related to the valuation process. Having the authority to approve additional fee expenses at a level subordinate to the authority of the Valuation Manager.
• Arranges for contractual services relating to valuation tasks outside the standard product offering of the established Valuation Vendors.
• Escalated contact to resolve impediments or delays which are prohibiting vendor from timely completing assignments. Initiates valuation orders through established vendors using complete and accurate information. Specific responsibilities may include valuation tasks related to GSE-program loan accounts, including (but not limited to) VA, Freddie Mac, Fannie Mae values.

Ensures SMS compliance with ECOA requirements through delivery, reporting and follow up of applicable value reports.

Education and Experience Requirements

Educational Requirements

Experience Requirements :

Knowledge, Skill, and Ability Requirements

Additional Information : While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies / states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits : Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave / Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW :

Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program : We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program : Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions