Skills & Competencies for Appraiser II (Commercial Real Estate)

Appraiser II (Commercial Real Estate) job profile

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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%
$71,846
TOTAL 50%
$74,777
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.
INDUSTRY COMPETENCIES CORE COMPETENCIES
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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)
Articulates the recent developments and major issues impacting the financial services industry.
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Level 2 Behaviors
(Light Experience)
Assists in the financial planning process to ensure timely, accurate, and qualify customer service.
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Level 3 Behaviors
(Moderate Experience)
Advises clients on new investment opportunities to help them in making informed financial decisions.
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Level 4 Behaviors
(Extensive Experience)
Consults on the practical implementation of in-depth industry knowledge on commercial financial products.
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Level 5 Behaviors
(Mastery)
Creates and develops predictive and decision models to solve business problems across the financial services.
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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 standards and procedures for trading in financial markets.
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Level 2 Behaviors
(Light Experience)
Assists in market research and due diligence to build financial models for investment decision making.
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Level 3 Behaviors
(Moderate Experience)
Advises clients on acquiring financial assets based on analysis of financial market trends and risk exposure.
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Level 4 Behaviors
(Extensive Experience)
Designs portfolio analysis tools to help financial market participants searching for new investment opportunities.
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Level 5 Behaviors
(Mastery)
Builds portfolio management techniques to determine asset pricing and address areas of financial markets.
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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)
Cites examples of methods used to collect and compile information.
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Level 2 Behaviors
(Light Experience)
Applies techniques and tools to gather, organize, and archive pertinent information.
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Level 3 Behaviors
(Moderate Experience)
Analyzes employees' feedback to determine necessary changes to be implemented within our business.
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Level 4 Behaviors
(Extensive Experience)
Implements strategies to streamline the data collection process.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and methods to simplify the information-gathering process.
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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)
Cites steps and tips to improve attention to detail in the workplace.
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Level 2 Behaviors
(Light Experience)
Keeps full attention when listening to understand the message.
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Level 3 Behaviors
(Moderate Experience)
Balances between accuracy and efficiency for different tasks or programs.
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Level 4 Behaviors
(Extensive Experience)
Creates and implements quality management processes for our business.
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Level 5 Behaviors
(Mastery)
Defines possible hurdles to projects and creates strategies to deal with them.
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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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