River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust.    

This is an onsite position located in Newburyport, MA.

The Appraisal & Environmental Analyst  manages and evaluates commercial loan appraisal and environmental due diligence to support sound lending and credit decisions. Assesses report quality, valuation methodologies, property information, and environmental findings to identify deficiencies, evaluate potential collateral risks, and determine when additional information, revisions, or escalation are warranted. Coordinates with external vendors and internal lending and credit partners to ensure due diligence is accurate, timely, and compliant with Bank policies, industry standards, and regulatory requirements. Prepares internal property evaluations and reviews business valuation reports, applying professional judgment and technical expertise to support underwriting and ongoing credit risk assessment. 

• Oversees the end-to-end procurement and completion of appraisal and environmental due diligence for commercial lending transactions, independently determining appropriate next steps to address scope requirements, identify potential issues, manage competing priorities, and maintain compliance with Bank policies, regulatory requirements, and transaction timelines.
• Independently evaluates and compares proposals from appraisal and environmental firms based on qualifications, scope of work, valuation or assessment needs, cost, quality, and turnaround time. Provides recommendations to lending staff that balance due diligence requirements, risk considerations, and transaction deadlines.
• Conducts independent, substantive reviews of appraisal and environmental reports to assess quality, accuracy, and completeness, ensuring adherence to engagement terms, industry standards, and regulatory requirements, including Uniform Standards of Professional Appraisal Practice (USPAP) and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA).
• Evaluates appraisal methodologies, including valuation approaches, data sources, and assumptions, and identifies gaps or inconsistencies in environmental assessments and recommended corrective actions.
• Serves as a primary point of contact for appraisal and environmental vendors, addressing questions and discrepancies related to report findings, methodology, scope, quality, and delivery. Determines when revisions or additional support are necessary, monitors outstanding issues, and escalates matters that exceed established authority or present material risk to the Bank.
• Prepares and approves internal property evaluation reports by analyzing local real estate market trends, comparable property sales, zoning regulations, assessments, and neighborhood factors. Ensures reports are clear, objective, and based on industry standards.
• Conducts vendor due diligence for potential new firms, confirms existing vendors are properly licensed and accredited, and maintains ongoing vendor relationships.
• Serves as a subject-matter resource to commercial lenders, portfolio managers, and credit personnel on appraisal, environmental, and collateral due diligence requirements, providing guidance on report findings, documentation needs, and outstanding issues.
• Evaluates appraisal and property-related findings to identify potential concerns regarding collateral valuation, supporting documentation, underwriting, and ongoing credit risk assessment. Communicates material findings and recommendations to appropriate lending and credit stakeholders.  
• Actively stays current on all Bank products, services, procedures, policies, and applicable regulatory and compliance requirements by regularly attending team meetings, completing mandatory training on schedule, and applying knowledge to ensure accuracy and compliance in daily operations. 
• Ensures adherence to federal and state laws, regulations, and bank policies by preventing violations, minimizing risks, and safeguarding the Bank’s interests. 
• Verifies transactions and account balances, ensuring compliance with bank policies and state and federal regulations and the Bank Secrecy Act (BSA), as applicable to the role.

 Qualifications, Experience, and Education

• Associate or Bachelor’s degree in business or 3-5 years professional experience in lieu of college degree.
• 1-2 years of professional experience.
• Prior experience in commercial lending or a real estate related industry strongly preferred, including previous experience with commercial and residential appraisals and environmental reports.
• Prior experience working within a loan origination system preferred. 
• Strong decision-making and oral and written communication skills.
• Proficient with word processing, spreadsheet, and email applications.
• Service and detail oriented with an ability to work successfully within stated deadlines.
• Professional demeanor and professional maturity for working closely with sensitive information, clients, employees, and vendors and the ability to multi-task and efficiently prioritize work.

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at hr@riverrun.com or call 978-462-3136.

The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.

Salary Description.