This position is responsible for evaluating the credibility, accuracy, and regulatory compliance of real estate appraisal reports used to support the bank's lending decisions. Conduct detailed reviews to ensure valuations are well-supported, align with Uniform Standards of Professional Appraisal Practice (USPAP) and Interagency Appraisal & Evaluation Guidelines, and meet internal bank policies. Collaborate closely with third-party vendors, loan officers, credit teams, and bank partners to resolve deficiencies, provide guidance, and promote high-quality valuation practices across the organization. Scope commercial appraisal reports using data provided by the lending team to appropriately address the appraisal problem. Review narrative, commercial appraisal reports to ensure acceptable appraisal methodologies and techniques are utilized. Verify that the appraisal reports under review conform with USPAP, First Merchants minimum standards, and all applicable regulations. Work with third-party appraisal vendors and bank partners to resolve deficiencies in appraisal reports. Prepare appraisal review reports and narrative that are in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) (Standard #4). Monitor market sources, investment data and financial markets to remain current on real estate market trends. Work closely with loan production staff to address questions they or the customer may have about appraisal reports. Educate colleagues on compliance-related issues related to regulations, USPAP and First Merchants appraisal policy and procedures. Coach colleagues in the use of the appraisal ordering and management platform. Escalate issues to the Managing Director, Commercial Appraisal Review when appropriate.