Appraisal Review Specialist Legacy Bank and Trust

• 2.

8 Springfield, MO Job Details Full-time 19 hours ago Benefits Health insurance Dental insurance 401(k) Flexible spending account Paid time off Vision insurance 401(k) matching Life insurance Qualifications Microsoft Word Uniform Standards of Professional Appraisal Practice (USPAP) Microsoft Excel Loan compliance checks Microsoft Outlook Site inspections for valuations Real estate due diligence experience Regulatory due diligence experience Mid-level Real estate quality control Real estate appraisal regulatory compliance Bachelor's degree Construction quality inspections Valuation standards Decision making Real estate market analysis Quality compliance management Industry knowledge of financial regulations Risk management Data interpretation Real estate (financial collateral) Real estate analysis experience in risk and credit Due diligence Collateral evaluation (loan underwriting) Bachelor's degree in accounting Financial acumen Accounting Banking Regulatory compliance management Documentation reviews

Full Job Description Summary:

This role is vital in ensuring the quality, compliance, and accuracy of the organization's real estate valuation program. This role will review commercial and consumer appraisals for USPAP, FIRREA, and internal policy compliance, while dynamically multitasking a high volume of orders. This role will act as a trusted internal expert, collaborating closely with loan officers, credit teams, and management to resolve valuation deficiencies, and mitigate lending risk, while dynamically multitasking a high volume of orders.

Availability:

Monday

• Friday 8:00am
• 5:00pm
• Springfield, MO Essential Job Functions Perform reviews of either commercial or consumer appraisals to verify compliance with both USPAP and FIRREA regulations as well as the bank's internal policy.

Validate the methodology used in the appraisal review process to determine how the final value was reached. Propose solutions to identified appraisal deficiencies. Manage the work queue in YouConnect, which includes reviewing the transaction information to understand the risk profile and determine the appropriate level of due diligence required to meet regulatory and policy standards. Perform in-house evaluations and assist in construction inspections, as needed. Perform validations on prior valuations when loan situations allow. Respond to inquiries from bank staff involving appraisal policy and compliance with laws and regulations. Work with loan officers and the credit team on valuation issues and concerns. Work through the loan maturity report to assist credit/lending teams on future valuation orders. Keeps up to date about national, industry specific and local commercial real estate market trends. Assist the Director as needed in reviewing the qualifications and sample reports of appraisers seeking to be added to the corporate approved appraiser list and recommend deleting those not meeting policy standards. Perform other related duties and responsibilities as assigned. Knowledge, Skills, Abilities, Competencies Confidentiality Excellent verbal skills The ability to handle multiple functions at the same time Quick independent decision-making skills Positive attitude and highly motivated The ability to comprehend and interpret financial data Microsoft Word, Excel, and Outlook experience Education and Experience Bachelor's degree in banking, accounting, or a related field Two to three years of appraisal, lending, credit, or loan documentation required

Physical Requirements Onsite Position Seeing :

Must be able to see well enough to see computer screen and read documents. (75-100% of work time spent on activity)

Hearing :

Must be able to hear well enough to communicate with customers, vendors, and employees. (75-100% of work time spent on activity)

Sitting:

Must be able to sit for long periods of time. (50-74% of work time spent on activity)

Standing/Walking :

Must be able to move about office. (25-49% of work time spent on activity)

Climbing/Stooping/Kneeling :

Must be able to stoop or kneel to pick up paper products or materials. (0-24% of work time spent on activity)

Lifting/Pulling/Pushing :

Must be able to lift up to 10 pounds. (0-24% of work time spent of activity)

Grasping/Feeling :

Must be able to write, type and use technical equipment. (75-100% of work time spent on activity) Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. Benefits 401(k) 401(k) matching Health insurance Vision insurance Dental insurance Life insurance Flexible Spending Account Paid time off The statements herein are intended to describe the general nature and level of work being performed but are not to be seen as a complete list of responsibilities, duties, and skills required of personnel so classified. Also, they do not establish a contract for employment and are subject to change at the discretion of the employer. Legacy Bank and Trust is an equal opportunity employer.