Senior Appraisal Specialist (SENIO012795)

Senior Appraisal Specialist

The Senior Appraisal Specialist supervises the staff and monitors the daily workflow of the appraisal group. This position is responsible for all HR tasks relating to personnel. This Senior Appraisal Specialist oversees departmental procedures and training of new staff and will serve as a backup to the Sr. Staff Appraiser as needed. This position plays a key role in the decision making process in all aspects and must have an understanding of real estate appraisal practices and processes. The Senior Appraisal Specialist performs appraisal reviews and market evaluations as needed to support credit decisions and assist in providing safe and sound real estate lending activity.

Essential Duties And Responsibilities

1. Supervise and monitor the productivity, workflows and performance of the appraisal group.

2. Payroll activities including, but not limited to, time management.

3. Provide recommendations and complete personnel annual performance evaluations.

4. Recruiting processes including, but not limited to, new requisitions, interviewing and hiring.

5. Support the Appraisal Management team as needed, serving as a backup in their absence.

6. Oversee the proper use of the RIMS appraisal system, by having an in-depth working knowledge of the system.

7. Oversee the training of new staff on the departments procedures and daily tasks, and the training of existing staff on changes to departments procedures and daily tasks.

8. Serve as contact with loan officers on questions regarding appraisal department procedures.

9. Oversee outsourced appraisal evaluations.

10. Perform in-house real estate evaluations by providing an estimate of the propertys market, using appropriate approaches, as applicable.

11. For in-house evaluations, perform visual inspection of subject property (exterior only) and provide written documentation with pictures of property.

12. May perform inspections of residential properties which includes visual inspection and written report.

13. Perform appraisal reviews to determine whether the methods, assumptions and value conclusions are reasonably supported ensuring compliance with regulations and supervisory guidelines as well as bank policy.

14. Communicate any deficiencies of an appraisal to the appraiser as applicable and follow for corrections, as applicable.

15. Maintain the Approved Appraisers list.

16. Ensure compliance is maintained with local, state, and federal regulatory guidelines.

17. The ability to work in a constant state of alertness and in a safe manner.

18. Completes required BSA / AML training and other compliance training as assigned.

19. Perform any other related duties as required or assigned.

Responsibilities For Work Of Others

Supervises a moderate size group (8-15) of employees, but possibly smaller if difficult, semi-technical work, requiring considerable direction and assistance, is involved. Plan, direct and coordinate work, make decisions, and perform personally the more difficult aspects of the same broad assignment.

Supervisory Responsibilities

Appraisal Specialists

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.

Education

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree.

General Experience

6 years related experience and / or training.

Management Experience

12 - 18 months related management experience.

Communication Skills

Ability to write reports, business correspondence, and policy / procedure manuals; Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical Skills

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

Critical Thinking Skills

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

Required Certificates, Licenses, Registrations

Not indicated.

Preferred Certificates, Licenses, Registrations

Not indicated.

Software Skills Required

Task Level of Understanding Intermediate : 10-Key, Accounting, Alphanumeric Data Entry, Word Processing / Typing