Position Overview
+ Independently examines appraisals and evaluations prepared by vendors or BMO appraisers for adherence to all policies / procedures and standards applicable to the transaction based on established assessment processes.
+ Assesses the credibility and/or reliability of appraisals performed for the Bank, as well as the reasonableness of the appraisal value conclusions specifically as it relates to substandard and impaired borrowers.
+ Documents and reports results of reviews on an individual and summary basis; identifies and recommends action plans for resolving issues.
+ Identifies where corrective actions are required (e.g. incomplete investigations and analysis, possible fraudulent transactions) and escalates per guidelines; ensures corrective action is taken as necessary. Where appropriate, supplement with preparation of independently prepared valuation of substandard and impaired borrowers
+ Hybrid role with multiple days per week required (subject to change)
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