Appraisal Specialist II

General Description of Position

The Appraisal Specialist II analyzes appraisals and performs appraisal reviews, market evaluations, or any other valuation report required to support and facilitate safe and sound real estate-secured credit decisions. This position coordinates with Senior Appraisal Specialist and/or Senior Staff Appraiser on departmental procedures and training of new staff.

Essential Duties and Responsibilities

1. Perform in-house real estate evaluations by providing an estimate of the propertys market value, using appropriate approaches, as applicable.
2. Perform appraisal reviews to determine whether the methods, assumptions and value conclusions are reasonably supported.
3. The appraisal review will also determine that the appraisal complies with regulations and supervisory guidelines as well as bank policy.
4. Communicate any deficiencies of an appraisal to the appraiser and follow for corrections, as applicable.
5. Become knowledgeable of and actively use the RIMS appraisal management system.
6. Serve as contact with loan officers on questions regarding appraisal compliance.
7. Maintain compliance with local, state, and federal regulatory guidelines.
8. Mail valuation reports in accordance with Regulation B.
9. Train new staff on the departments procedures and daily tasks.
10. Completes required BSA/AML training and other compliance training as assigned.
11. The ability to work in a constant state of alertness and in a safe manner.
12. Perform any other related duties as required or assigned.

Responsibilities for Work of Others

No supervision.

Supervisory Responsibilities

Not indicated.

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 and Experience

Education

Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc. Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college.

General Experience

2 years related experience and/or training.

Management Experience

Not Required

Work Skills

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.

Certificates, Licenses, and Registrations

Required Certificates, Licenses, and Registrations

Not indicated.

Preferred Certificates, Licenses, and Registrations

Not indicated.

Software Skills Required

Basic: Presentation/PowerPoint
Intermediate: 10-Key, Accounting, Alphanumeric Data Entry, Spreadsheet, Word Processing/Typing
Advanced: Other

Physical Activities

The following physical activities 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 and expectations.

Frequently: Stand, walk, sit
Regularly: Talk or hear

Weight Lifted

Occasionally: Up to 25 pounds

Vision Requirements

The employee is required to have close vision for use of a computer, equipment, or any other work duties that require clear vision within two feet or less, and distance vision for driving vehicles or equipment and work duties such as surveying that requires clear vision at twenty feet or more.

Physical Demand

Moderate diversity, moderately physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which requires somewhat diversified physical demands of the employee.

Work Environment

Environmental Conditions

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

Occasionally: Outdoor weather conditions (exposure to outdoor heat, cold or inclement weather)

Noise Level

The employee works in a moderate-noise environment, such as a business office with computers/printers and light traffic.

Working Conditions

Somewhat disagreeable working conditions. May involve some travel and/or work is at times, in the evening or during the night hours.

Additional Information

- Real estate appraisal or realtor training preferred