FIRM BACKGROUND
Roc360 is a financial services and asset management platform for residential property investors in the United States. The company connects fragmented loan markets with institutional capital through a branchless network of third-party originators, brokers, and in-house sales teams to originate loans to property investors who buy, rehab, resell, and/or rent properties. The company originates and services multiple business-purpose loan products (“BPLs”), via various sales channels which, together with ancillary service offerings, provide an end-to-end experience that drives repeat customer transactions and profitability. The company’s loan products include residential transitional bridge loans (“RTLs”) (including single and multi-family properties) and Rental Loans (including single property rentals and rental portfolios).
Founded in 2014, Roc360 is headquartered in NYC and has over 400 team members globally across three continents and five countries. Roc360 can originate loans in 45+ states and Washington, D.C. The company’s founders have worked together for over 20 years, and most of its senior management teams have also enjoyed a long tenure at the company. Through its proprietary technology-enabled Third-Party Originator and Direct-to-Borrower lending channels and strong brand recognition, the company has funded over $15bn in loans since its inception.
POSITION
Roc360 is seeking a skilled real estate professional with a solid background in the real estate lending industry to join our team as a Valuation Analyst. The ideal candidate will have a demonstrated history of success as a valuation analyst or appraisal review specialist, with the necessary expertise to support and contribute to our Valuations Team.
As a Valuation Analyst, you will play a vital role in the success of Roc360’s Underwriting Team. This position offers the chance to be an integral part of a growing and dynamic company, collaborating with other real estate professionals to ensure accurate and reliable underwriting practices.
RESPONSIBILITIES
- Assess as-is and as-repaired value of the collateral, taking into consideration regional market trends, the borrower’s rehab project, zoning, and comparable properties.
- Use appropriate valuation techniques and evaluate realistic exit strategies outlined by borrowers.
- Present both verbal and written analyses of the collateral and make recommendations to the underwriting team on complex valuation issues.
- Provide analytical support and work on special projects across all areas of the loan portfolio.
- Conduct specialized reviews on closed loans and repurchase requests, providing professional assessments of property values.
- Challenge and rebut third-party valuations when necessary.
- Research and verify subject properties and comparable data using online sources such as county records and MLS.
- Manage and coordinate communications with third-party valuation/appraisal service providers and auditors throughout the valuation process.
QUALIFICATIONS
- 7+ years of relevant experience in real estate valuation.
- Experience with determining values subject to repair completion
- Appraisal license or certification strongly preferred
- Strong problem-solving and analytical skills
- Strong knowledge of valuation methodologies
- Excellent written and verbal communication skills
Strong organizational and execution skills - Highly motivated with a strong work ethic and desire to work in a fast-paced and fluid environment
- Team-oriented and highly collaborative personality
