Skills & Competencies for Appraiser II (Commercial Real Estate)

Appraiser II (Commercial Real Estate) job profile

JOB SUMMARY for Appraiser II (Commercial Real Estate)

Conducts simple to moderately complex appraisals and property ratings to establish market values that guide investments in real estate equity and loans.

JOB RESPONSIBILITIES for Appraiser II (Commercial Real Estate)

Prepares detailed reports including descriptions of properties, relevant market conditions, and estimates of property values. Ensures that reports comply with bank policy and applicable regulations.

Appraiser II (Commercial Real Estate) SALARY RANGE

BASE 50%
$72,021
TOTAL 50%
$74,959
Job Level
P02
Job Code
FA06000335
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Appraiser II (Commercial Real Estate) Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Appraiser II (Commercial Real Estate) skill and competencie below to view definitions.

8 hard skills or competencies (industry competencies) for Appraiser II (Commercial Real Estate)

1 Industry Competency – Financial Services Industry
Proficiency Level -2
Skill definition-Provides financial consulting or advisory services in industry trends, regulatory considerations, financial planning and investment advising.
Level 1 Behaviors
(General Familiarity)
Compiles a list of common risk and regulatory challenges for financial services.
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Level 2 Behaviors
(Light Experience)
Collects industry reports and assists in industry research of recent developments in financial services and markets.
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Level 3 Behaviors
(Moderate Experience)
Identifies cost-effective solutions to address regulatory compliance challenges in financial services.
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Level 4 Behaviors
(Extensive Experience)
Enforces standards for providing financial planning advice to clients to maintain quality of service delivery.
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Level 5 Behaviors
(Mastery)
Designs and executes strategic plans and procedures to keep pace with changing tax laws and legislation.
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2 Industry Competency – Financial Markets
Proficiency Level -2
Skill definition-Knowledge of principles and economic indexes in various financial markets such as stock, bond, derivatives and international financial market.
Level 1 Behaviors
(General Familiarity)
Describes the various structures and regulations governing financial markets.
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Level 2 Behaviors
(Light Experience)
Assists in quantitative or qualitative reports preparation, including interest rate analysis and market risk reports.
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Level 3 Behaviors
(Moderate Experience)
Engages in the transfer of financial assets in certain markets on behalf of investors to capitalize on short-term trends.
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Level 4 Behaviors
(Extensive Experience)
Develops educational programs to enhance understanding of financial markets practices and investment processes.
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Level 5 Behaviors
(Mastery)
Creates financial models utilizing capital market expectations to produce portfolio earnings projections.
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3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Appraiser II (Commercial Real Estate)

1 Core Competencies – Gathering Information
Proficiency Level -2
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Describes the importance of gathering relevant information in making informed business decisions.
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Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
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Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
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Level 5 Behaviors
(Mastery)
Creates confidentiality agreements to ensure accurate submission of information from employees.
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2 Core Competencies – Attention to Detail
Proficiency Level -2
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Explains why attention to detail plays an important role in own function or unit.
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Level 2 Behaviors
(Light Experience)
Performs assigned responsibilities according to standard procedures and standards.
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Level 3 Behaviors
(Moderate Experience)
Implements a variety of cross-checking approaches and mechanisms.
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Level 4 Behaviors
(Extensive Experience)
Demonstrates expertise in quality assurance tools, techniques, and standards.
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Level 5 Behaviors
(Mastery)
Designs techniques for measuring the cost and impact of errors.
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3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

Summary of Appraiser II (Commercial Real Estate) skills and competencies

There are 8 hard skills for Appraiser II (Commercial Real Estate), Financial Services Industry, Financial Markets, Financial Instruments, etc.
0 general skills for Appraiser II (Commercial Real Estate).
8 soft skills for Appraiser II (Commercial Real Estate), Gathering Information, Attention to Detail, Honesty And Integrity, etc.
While the list totals 16 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Appraiser II (Commercial Real Estate), he or she needs to be proficient in Gathering Information, be proficient in Attention to Detail, and be proficient in Honesty And Integrity.

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