Appraisal Coordinator
Position SummaryThe Appraisal Coordinator will be responsible for ordering and reviewing valuations for consumer and commercial real estate loans and renewals. This may include appraisals ordered and completed by our appraisal management company or directly from an independent appraiser. The Appraisal Coordinator is also responsible for completing the appraisal review checklist(s) and communicating with all internal stakeholders.Essential Duties And Responsibilities (Other Duties May Be Assigned.)Knowledge of relevant regulatory considerations and adhering to requirements set by applicable and relevant agencies for a complete appraisalOrdering and monitoring valuations in accordance with bank policy and relevant regulatory obligationsInquiring and monitoring quotes on appraisal orders, compliance fulfillment and delivery of appraisals within established timeframesMonitoring appraisals for utilization of reasonable and best use analysis, comparable sales and adjustments, as applicable or relevantMonitoring appraisals for any potential issues with the model valuation and assumptions of the appraisalResponsible for providing borrower(s) a copy of the appraisal in accordance with regulatory obligationsResponsible for the process of appraisal receipts, invoice payments and reconciling related general ledger accountsMaintaining and updating the internal approved appraiser listMaintaining files for approved appraisers to include obtaining updated license and insurance informationMay be requested to assist in the support of other bank activities QualificationsBachelor’s degree, or at least 3 years of related experience, or an equivalent combination of education and experience.3-5 Years’ Experience with appraisals, preferredProven problem-solving, critical thinking, and analytical skills. Ability to interpret a variety of information furnished in written, oral, diagram, or schedule form.Strong organizational and time management skills. Ability to prioritize.Ability to analyze processes for efficiency and/or improvements.Ability to compute basic to moderately complex math calculations.Excellent customer service and interpersonal skillsProficiency in using personal computers and office products (e.g., Word, Excel, Powerpoint); Experience with Excel is a must.