Commercial Appraisal Manager

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This is a full-time career opportunity that can be remote.

 

Provides support to the Appraisal Group management as part of the corporate commercial appraisal and review program through performing independent internal reviews of appraisal reports, acting as a resource to staff and assisting in assigned managerial duties to ensure the efficient and effective operations of the department, and assessing the validity of existing appraisals and evaluations.

Responsibilities

• Performs independent internal reviews of appraisal reports. Reviews appraisal reports to ensure compliance with industry standards, regulatory requirements and bank standards, reasonableness and credibility of appraisals. Prepares timely internal review reports with an emphasis on technical reviews opining to value conclusions. Works with engaged appraisers to discuss questions and resolve potential problems in order to achieve compliant and valid market value results. Works with account officers, relationship managers and department management to find solutions to unacceptable appraisals which may include, rejections, ordering new appraisals, issuing value opinions via supported modifications or preparing internal Restricted Use appraisals.
• Acts as a resource to bank staff and assists in managerial duties as assigned by the Chief Appraiser. Responds to inquires from bank staff involving corporate appraisal policy and compliance with laws and regulations. Identifies and assesses risk and escalates issues to the Chief Appraiser to ensure proper resolution. Makes recommendations to Chief Appraiser regarding possible additions to and necessary disciplinary actions regarding existing appraisers on the corporate approved appraiser list resulting from the appraisal review process. Provides relevant market data to the Chief Appraiser for input into the department databases. Assists in assigned managerial duties to ensure the efficient and effective operations of the department. Guides and advises department staff in the more complex phases of their work. Makes recommendations and conducts sessions pertaining to employment, performance ratings, salary changes, promotions, training, transfers, and terminations for assigned department staff.
• Assesses the validity of existing appraisals and evaluations. Analyzes existing appraisals and evaluations to determine if they continue to reflect the market value of the property and may be used in a subsequent transaction. Prepares the appropriate validation documentation and create a department file containing the data and analysis considered which may include market data compiled and maintained in the department’s databases, or advise that a new appraisal or evaluation is required if the original reported market value is no longer valid.
• Responsible for special projects as assigned by management including but not limited to general market data analysis and quarterly reports.

 

Qualifications

Education

Bachelor's Degree or the equivalent experience. Specialty: Relevant degree pertaining to the essential duties of this role. (Required)

Experience

10 or more years Appraisal. (Required)

5 or more years Banking. (Preferred)

3 or more years management experience, preferably in a banking environment. (Preferred)

Certifications

State Certified General Appraiser certification in any of the following states: PA, MD, NJ, VA, DE, DC (Required)

 Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and