Real Estate Valuation Specialist Real Estate - Council Bluffs, IA at Geebo

Real Estate Valuation Specialist

Availa BankDescription:
Reports To:
SVP Risk Management and Information Security OfficerPosition Status:
ExemptEEO/AA employerAvaila Bank believes our people make a difference and we recognize that individual differences and experiences strengthen our teams.
Each member of our team is empowered to inspire and enable our clients and the communities we serve to achieve financial success.
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REAL ESTATE VALUATION SPECIALIST POSITION SUMMARYThe Real Estate Valuation Specialist supports directives and initiatives of the commercial and residential lending teams by validating real estate collateral values received through appraisals or internal evaluations.
This position works in coordination with all departments of the Bank to provide oversight and management of all aspects of real estate collateral inspections, valuations, and ensures compliance to loan policy as outlined by the Bank.
This position is not remote and will work in one of the following Availa Bank branches (applicant choice):
Ames, IA, Ankeny, IA, Carroll, IA, Council Bluffs, IA, Holstein, IA, Johnston, IA, or Webster City, IA BENEFITSAvaila Bank offers a rich selection of benefits you can personalize to support you and your family's needs.
Benefits may include:
Medical, Dental & Vision PlansOption for Health Savings Account (HSA)Life Insurance (Company paid for employee)401K and Employee Stock Ownership Plan (ESOP)Company Paid Short & Long Term Disability InsuranceFlexible Spending Account (FSA) & Dependent CareEligibility for Tuition Assistance and DiscountsEmployee Assistance Program (EAP)Requirements:
REAL ESTATE VALUATION SPECIALIST PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIESSelect appraisers for loan transactions.
Order the appropriate, risk-based, type of appraisals and environmental reports while minimizing cost to maintain competitiveness.
Act as a liaison between relationship managers and appraisers/environmental consultants.
Consult with appraisers and environmental consultants on issues relating to the request for information and corrective/disciplinary action.
Maintain the bank's approved appraiser and environmental consultant lists.
Make recommendations for the addition or deletion of appraisers or environmental consultants.
Consult with relationship managers on all appraisal and environmental issues.
Recommend appropriate action on findings in appraisal and environmental reports.
Ensure the recommended corrections are completed within the specified timeframes.
Educate relationship managers on appraisal/environmental issues and any change in regulations.
Review all appraisals as required to maintain compliance with regulatory and bank requirements.
Review all environmental reports to ensure compliance with bank policy and summarize all recommendations by the environmental consultants to the relationship manager for action and proper remediation.
Manage the reporting requirements on a daily, monthly, quarterly, and annual basis.
Render decisions regarding those appraisals/environmental reports which may be exceptions to bank policy and refer them to the proper authority.
Complete and update appraisal and environmental procedures in approved bank policy.
Inform bank personnel of regulatory changes as appropriate.
REAL ESTATE VALUATION SPECIALIST ROLE
Qualifications:
EducationAssociates degree required, Bachelor's degree in Finance/Business Administration or related field preferred or an equivalent of combined education and relevant work experienceExperienceStrong knowledge of real estate or credit analysis preferredOther Skills and AbilitiesStrong math skills; add, subtract, multiply and divide in all units of measure.
Working knowledge of Word, Excel, and Adobe.
Must have knowledge of the concepts, objectives, tools, and methods used in collateral valuation and ability to implement and develop strategies for risk control.
Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
Exceptional organizational and time management skills; ability to function independently in a fast-paced environment.
Maintain a complete understanding of regulatory and compliance policies and procedures.
Travel to/from and work in multiple locations including locations to perform collateral inspections, as needed.
Must have a valid driver's license and reliable transportation.
PM21REAL ESTATE VALUATION SPECIALIST PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIESSelect appraisers for loan transactions.
Order the appropriate, risk-based, type of appraisals and environmental reports while minimizing cost to maintain competitiveness.
Act as a liaison between relationship managers and appraisers/environmental consultants.
Consult with appraisers and environmental consultants on issues relating to the request for information and corrective/disciplinary action.
Maintain the bank's approved appraiser and environmental consultant lists.
Make recommendations for the addition or deletion of appraisers or environmental consultants.
Consult with relationship managers on all appraisal and environmental issues.
Recommend appropriate action on findings in appraisal and environmental reports.
Ensure the recommended corrections are completed within the specified timeframes.
Educate relationship managers on appraisal/environmental issues and any change in regulations.
Review all appraisals as required to maintain compliance with regulatory and bank requirements.
Review all environmental reports to ensure compliance with bank policy and summarize all recommendations by the environmental consultants to the relationship manager for action and proper remediation.
Manage the reporting requirements on a daily, monthly, quarterly, and annual basis.
Render decisions regarding those appraisals/environmental reports which may be exceptions to bank policy and refer them to the proper authority.
Complete and update appraisal and environmental procedures in approved bank policy.
Inform bank personnel of regulatory changes as appropriate.
REAL ESTATE VALUATION SPECIALIST ROLE
Qualifications:
EducationAssociates degree required, Bachelor's degree in Finance/Business Administration or related field preferred or an equivalent of combined education and relevant work experienceExperienceStrong knowledge of real estate or credit analysis preferredOther Skills and AbilitiesStrong math skills; add, subtract, multiply and divide in all units of measure.
Working knowledge of Word, Excel, and Adobe.
Must have knowledge of the concepts, objectives, tools, and methods used in collateral valuation and ability to implement and develop strategies for risk control.
Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
Exceptional organizational and time management skills; ability to function independently in a fast-paced environment.
Maintain a complete understanding of regulatory and compliance policies and procedures.
Travel to/from and work in multiple locations including locations to perform collateral inspections, as needed.
Must have a valid driver's license and reliable transportation.
PM21PIa8753c6a3ab5-35216-33443299 Recommended Skills Adobe Business Administration Credit Analysis Finance Interpersonal Communications Mathematics Estimated Salary: $20 to $28 per hour based on qualifications.

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