Real Estate Appraisal Manager

Description

County National Bank (CNB) is an independent, locally-owned, community bank that is successful and growing whose mission is to "sustain its deep commitment to the community and its traditions of excellence in all aspects of banking, and provide outstanding customer service and solid financial performance."

We invite you to share in our mission and vision as a community banker, making a difference in your community while experiencing excellent benefits and career opportunities.

CNB is looking for a qualified, motivated, and client- and team-focused individual to join our team as a Real Estate Appraisal Manager in our Hillsdale, Jackson, or Lenawee Markets.

JOB SUMMARY

Manages all appraisal functions for the Bank to ensure the appraisal process runs efficiently to assist the Commercial, Consumer, Loss Mitigation and Mortgage Departments. The Appraisal Manager must exhibit a clear understanding of appraisal rules and regulations for ordering, internal reviewing and submitting appraisals for loan approvals. Ensure the Bank is following all regulatory compliance guidelines (Interagency, UPAP, UAD & UDAP).

DUTIES

• Maintains Approved Appraiser's list (additions & deletions) and performs the required annual review.
• Facilitates appropriate appraisals for Commercial, Mortgage, Consumer Lending and Lost Mitigation Department.
• Manages follow-up with Appraiser regarding status of report.
• Tracks and confirms appraisal fees are collected, providing report to management quarterly.
• Reviews and verifies accuracy of appraisal (names, property address, legal, condition rating, value etc.- mainly for Commercial Dept).
• Assists Mortgage Department with questions for Secondary Market and Portfolio appraisals.
• Provides copy of appraisal to clients (mainly for Commercial Dept).
• Prepares and uploads engagement letters to correct files (mainly for Commercial Dept.).
• Works with Corporate Settlement Solutions (CSS), as needed.
• Completes Vender Management process for CSS annually.
• Responds to and works with the Audit Department and Department Manager on any appraisal audit items that need to be cleared and suggests changes in procedures to avoid new finding.
• Maintains collateral values on WATCH list Quarterly / Semi-annually, as directed.
• Reviews appraisal reconsideration requests (review the additional comps provided by the customer or realtor and determine if request is warranted), submitting to appraiser or CSS, as necessary.
• Submits invoices for appraisals, environmental, and inspection surveys for payment into Banktel on a timely basis.

General Duties

Requirements

SKILLS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORKING CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the work environment will include :

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to :