Appraisal Compliance Analyst Job Description [Updated for 2025]

In today’s rapidly-evolving real estate market, the role of an appraisal compliance analyst is increasingly crucial.

As the regulatory landscape shifts and transforms, the demand for skilled individuals who can ensure accurate, compliant, and efficient property appraisals grows stronger.

So, what does an appraisal compliance analyst truly do?

Whether you are:

• A job aspirant seeking to comprehend the complexities of this role,
• A recruitment officer outlining the perfect candidate,
• Or simply interested in the intricacies of appraisal compliance,

You’ve come to the right place.

Today, we present a customizable appraisal compliance analyst job description template, designed for effortless posting on job boards or career sites.

Let’s delve deeper into it.

Appraisal Compliance Analyst Duties and Responsibilities

Appraisal Compliance Analysts are responsible for ensuring that all property appraisals are conducted following appropriate laws, regulations, and industry standards.

They provide essential support in the real estate sector, often working with appraisers, lenders, and mortgage companies.

The duties and responsibilities of an Appraisal Compliance Analyst include:

• Reviewing and analyzing property appraisal reports for compliance with federal and state regulations, and industry guidelines
• Working with appraisers to ensure accurate and compliant property evaluations
• Identifying and reporting any discrepancies or issues in appraisal reports
• Maintaining up-to-date knowledge of current real estate market trends and changes in regulations
• Communicating effectively with various stakeholders including appraisers, lenders, and clients to resolve appraisal issues
• Providing recommendations for policy and procedural improvements to enhance compliance
• Training and providing guidance to appraisers on regulatory compliance and industry best practices
• Conducting audits of appraisal processes and reports to ensure quality and accuracy
• Using appropriate software and databases to track and manage appraisal reports

 

Appraisal Compliance Analyst Job Description Template

Job Brief

We are seeking a detail-oriented Appraisal Compliance Analyst to ensure that our company’s appraisal processes comply with established regulations and standards.

The successful candidate will review appraisals, work with appraisers to correct any issues, and maintain all necessary documentation.

Appraisal Compliance Analyst responsibilities include understanding relevant compliance regulations, reviewing appraisal reports for accuracy, communicating effectively with appraisers, and implementing compliance strategies.

Candidates should have strong analytical skills, and a deep understanding of appraisal regulations and standards.

The aim of the Appraisal Compliance Analyst is to mitigate any compliance risks related to property appraisals.

 

Responsibilities

• Review appraisal reports for compliance with USPAP, federal, state and internal guidelines.
• Communicate effectively with appraisers to correct any issues.
• Prepare and maintain all necessary documentation related to appraisal compliance.
• Participate in regulatory audits and examinations.
• Implement compliance strategies to mitigate risk.
• Assist in developing and providing training on appraisal compliance.
• Stay informed on changes in appraisal regulations and standards.
• Provide reports and feedback to management on compliance issues.

 

Qualifications

• Proven experience as an Appraisal Compliance Analyst or similar role.
• Deep understanding of USPAP and other relevant appraisal regulations.
• Strong analytical and problem-solving skills.
• Excellent communication skills, both written and verbal.
• Attention to detail and the ability to work under pressure.
• Bachelor’s degree in a relevant field.
• Appraisal license or certification is a plus.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Appraisal Compliance Analyst
• Work Environment: Office setting with options for remote work. Some travel may be required for meetings and trainings.
• Reporting Structure: Reports to the Compliance Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $65,000 minimum to $95,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Appraisal Compliance Analyst Do?

An Appraisal Compliance Analyst typically works for real estate firms, banks, or independent valuation services companies.

Their role is primarily to ensure that all property appraisals comply with local, state, and federal regulations.

They review property appraisal reports for compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) and other relevant guidelines.

They examine the methodology used in property valuation and check for any discrepancies or errors.

Appraisal Compliance Analysts work closely with appraisers to address any compliance issues and ensure corrections are made as necessary.

They may also provide training or resources to appraisers to keep them up-to-date with current regulations and best practices.

In addition to reviewing appraisals, these analysts may also be involved in the development of appraisal policies and procedures.

They help create standards to guide future appraisal practices and ensure consistent, compliant valuation processes.

Furthermore, Appraisal Compliance Analysts often serve as a liaison between appraisers and regulatory bodies or auditors.

They are responsible for communicating any compliance issues and the steps taken to resolve them.

Their ultimate goal is to ensure accurate, fair, and compliant property valuations.

 

Appraisal Compliance Analyst Qualifications and Skills

The role of an Appraisal Compliance Analyst requires a variety of technical and soft skills, along with industry knowledge, including:

• Understanding of real estate appraisal and compliance laws to ensure that all appraisals meet current regulations and standards.
• Strong analytical skills to evaluate complex appraisal reports, identify discrepancies and recommend necessary adjustments.
• Excellent attention to detail to ensure accurate and thorough review of all documentation related to property appraisal.
• Effective communication skills to liaise with appraisers and underwriters, provide feedback on appraisal reports and explain complex compliance issues in an understandable manner.
• Ability to use appraisal software and tools to automate and streamline the appraisal review process.
• Problem-solving skills to address compliance issues, devise solutions and implement corrective measures promptly.
• Interpersonal skills to work well within a team, maintaining good relationships with colleagues, appraisers, and underwriters.
• Knowledge of mortgage lending processes and real estate market trends to assist in making informed compliance decisions.

 

Appraisal Compliance Analyst Experience Requirements

Appraisal Compliance Analysts typically require a minimum of 1 to 3 years of experience in the appraisal or mortgage lending industry.

This experience is often gained through entry-level roles in mortgage firms, financial institutions, or real estate companies where they gain familiarity with appraisals and compliance procedures.

Some companies may prefer candidates with additional experience in regulatory compliance, risk management, or internal audit roles, which provides a solid understanding of the regulatory environment in which they will be operating.

Candidates with more than 3 years of experience may have honed their skills in areas such as appraisal review, compliance auditing, and regulatory guidelines interpretation, which are essential in this role.

Those with over 5 years of experience may have deeper expertise in the appraisal compliance arena and may be prepared for more senior or managerial roles.

In some cases, they might also have gained the necessary experience to handle more complex appraisal projects and provide guidance to other team members.

Furthermore, training and experience with specific software, like appraisal management systems or mortgage loan origination software, is a common requirement in this role.

Finally, candidates may also benefit from certification in appraisal or compliance from recognized industry bodies, demonstrating their commitment to maintaining high professional standards in their work.

 

Appraisal Compliance Analyst Education and Training Requirements

Appraisal Compliance Analysts typically have a bachelor’s degree in finance, real estate, business or a related field.

They should have a strong understanding of real estate appraisal and regulations, as well as financial principles.

Candidates are expected to be well-versed in the use of appraisal management software and other related programs.

Proficiency in Microsoft Office, particularly Excel, is usually required for data analysis and reporting tasks.

Some employers may prefer candidates who have a Certified Residential Appraiser license or Certified General Appraiser license.

In addition, certifications like Certified Regulatory Compliance Manager (CRCM) or Certified Anti-Money Laundering Specialist (CAMS) could enhance a candidate’s career prospects.

A few years of work experience in real estate, finance, or a related field is often required, with a focus on compliance, risk management, or appraisal.

Continuing education and staying up-to-date with changes in regulations and compliance standards is crucial for this role.

This can be achieved through professional development courses, seminars, or workshops.

 

Appraisal Compliance Analyst Salary Expectations

The average salary for an Appraisal Compliance Analyst is $66,368 (USD) per year.

The actual earnings may fluctuate depending on factors such as level of experience, qualifications, the employing company, and the geographical location.

 

Appraisal Compliance Analyst Job Description FAQs

What skills does an Appraisal Compliance Analyst need?

An Appraisal Compliance Analyst should have strong analytical skills to accurately interpret data and make sound judgments regarding compliance.

They should also have excellent attention to detail for reviewing appraisal documents and recognizing discrepancies.

Communication skills are essential as they need to communicate their findings and recommendations clearly to other team members and stakeholders.

Knowledge of appraisal procedures, real estate regulations and legislation is also crucial.

 

Do Appraisal Compliance Analysts need a degree?

Most Appraisal Compliance Analysts hold a bachelor’s degree in fields like business administration, finance, or real estate.

They should also have knowledge about the Uniform Standards of Professional Appraisal Practice (USPAP) and other related regulations.

Some employers might prefer candidates with relevant work experience in the real estate industry or in compliance roles.

 

What should you look for in an Appraisal Compliance Analyst’s resume?

When reviewing an Appraisal Compliance Analyst’s resume, you should look for a degree in a relevant field and prior work experience in the real estate or finance industry.

Familiarity with appraisal procedures and regulations is also important.

They should possess excellent problem-solving, analytical, and communication skills.

Certifications related to appraisal or compliance can also be a plus.

 

What qualities make a good Appraisal Compliance Analyst?

A good Appraisal Compliance Analyst possesses a keen attention to detail to identify any discrepancies or non-compliance in appraisal reports.

They should have strong analytical skills to make sense of complex data and excellent problem-solving abilities to address any issues that arise.

Good communication skills are also essential for them to clearly convey their findings and suggestions.

An understanding of real estate industry trends and a willingness to stay updated with changes in regulations and standards are also important qualities.

 

What are the typical duties of an Appraisal Compliance Analyst?

An Appraisal Compliance Analyst typically reviews appraisal reports for compliance with policies, procedures, and regulatory guidelines.

They ensure that the appraisals are accurate, complete, and adhere to the Uniform Standards of Professional Appraisal Practice (USPAP).

They may also be responsible for conducting research, preparing compliance reports, communicating findings to management, and recommending corrective actions if necessary.

 

Conclusion

And there you have it.

Today, we unveiled the true essence of being an Appraisal Compliance Analyst.

Surprise!

It’s not just about analysing data.

It’s about building a more transparent and fair property market, one appraisal report at a time.

With our definitive Appraisal Compliance Analyst job description template and real-world examples, you’re all primed to make your move.

But, why halt here?

Delve further with our job description generator. It’s your next move towards creating precise job listings or refining your resume to perfection.

Remember:

Every appraisal report contributes to a larger narrative.

Let’s construct that narrative. Together.

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