Director, Valuations and Broker Networks

FirstCity Financial Corporation is a commercial financial services company headquartered in Texas, providing commercial loan underwriting, asset management, and loan servicing to institutional clients and investors. FirstCity also provides specialized liquidity and credit solutions for lenders and borrowers. FirstCity has been in business for over 25 years, operating in various sectors of commercial credit.

**Job Summary:** The Director of Valuations/Broker Networks will be responsible for leading a small team of commercial real estate professionals. This team will use a variety of resources and methods to determine relative value of real estate collateral being pledged to assist FirstCity appropriately value the debt that is secured by the real estate collateral. **Major Duties and Responsibilities:** * Manage the ordering and production of valuations for debt acquisitions and asset management. * Prioritize valuations based on portfolio timing * Order third-party BPOs and inspections as necessary to perform proper due diligence for loan acquisitions * Assist asset managers with dispositions and property management as necessary * Perform valuations on all real property types as part of the debt-acquisition process

**Desired Skills:** * Real Estate and Appraisal Processes – Thorough understanding of the commercial real estate market and appraisal process * Conceptual Thinking – Ability to apply different real estate concepts to a variety of property types (Retail, multi-family, single-family, hotels, office, industrial, special purpose, land, etc.) * Real Estate Financing – Strong background in real estate financing with ability to collect relevant financial data from multiple sources and synthesize to interpret for use in making investment decisions * Passion – Ability to display passion about commercial real estate & commercial loan servicing industry * Leadership – Effective management of internal staff and National Broker Networks * Relationship/Interpersonal Skills - Demonstrated ability to build strong working relationships and external networks * Customer Orientation - Establish and maintain long-term customer relationships, building trust and respect by consistently meeting and exceeding stakeholder expectations * Energy – Consistently maintaining high levels of activity or productivity; sustaining long working hours when necessary; operating with vigor, effectiveness, and determination over extended periods of time. Able to work in fast-paced environment * Communication – Communicate clearly, proactively, and concisely with direct reports and key stakeholders * Financial Analysis – Strong Financial Analyst and modeling skills to collect data from multiple sources and synthesize to interpret relevant facts/data **Education/Experience Required:** * Minimum of 7+ years of commercial real estate experience (preferably with several property types) and the ability to leverage professional networks throughout the national Brokerage community * Bachelor’s degree in real estate, economics, business, business management or similar field required * Experience in commercial loan servicing preferred but not required **Licenses / Certifications desired, but not required:** * Real Estate Sales License * Real Estate Appraisal Certificate