FIRM BACKGROUND
Roc360 is a financial services and asset management platform for residential property investors in the United States. The firm 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 firm 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 firm’s loan products include residential transitional bridge loans (“RTL”) (including single and multi-family properties) and Rental Loans (including single property rentals and rental portfolios).
Founded in 2014 and 100% employee owned, Roc360 is headquartered in NYC, has over 350 employees globally across three continents, and can originate loans in 46 states and Washington, D.C. The firm’s founders have worked together for over 20 years and most of its senior management team has 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 firm has funded over $10bn in loans since its inception.
POSITION
Roc360 is looking for a seasoned real estate professional with a strong background in the real estate lending industry to take on the role of the Valuation Review Team Lead. The ideal candidate will have a proven track record as a valuation analyst / appraisal review professional, and the skills necessary to guide and develop a Valuations team.
As the Valuation Review Team Lead, you will play a critical role in shaping and driving the success of Roc360’s Collateral Underwriting team. This position offers the opportunity to be a key player in a growing and dynamic company, working closely with other real estate professionals to ensure reliable underwriting practices.
RESPONSIBILITIES
- Policy Development and Training: Assist in the development of policies and provide training to valuation and appraisal review team members.
- Process Improvement: Proactively assess and enhance the valuation process, recommending changes to mitigate risks and ensure compliance.
- Expert Guidance on High-Risk Valuations: Act as the primary authority on high-risk collateral and internal valuations across all loan programs.
- Hiring and Training: Conduct interviews and facilitate the onboarding of new employees
- Manage Departmental Escalations: Address and resolve escalations within the department, while also assisting with regular appraisal review and internal valuation duties.
- Ensure Data Consistency: Verify the accuracy of internal and 3rd party valuations with relevant documents and systems, communicating necessary revisions to stakeholders
- Subject Matter Expert: Serve as the go-to expert for escalated valuation-related queries, offering guidance to internal teams and external parties.
- Specialized Reviews: Execute special reviews on closed loans and repurchase requests, providing expert opinions on property valuation.
QUALIFICATIONS
- Licensed real estate appraiser with 5-10+ years of experience, or similar experience in mortgage-related fields
- Skilled in handling escalations and assessing high-risk appraisals and complex properties
- Excellent communication skills and ability to foster positive relationships with both internal and external stakeholders
- Detail-oriented and highly effective at following through
- Ability to train and guide junior team members
- Efficient in workload management and consistently meeting deadlines
- Expertise in determining values subject to repair completion
- Highly motivated with a strong work ethic and desire to work
- Flexible and adaptable to a fluid, fast-paced and dynamic environment
- Team-oriented and highly collaborative personality
