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Penn Community Bank
Appraisal Management Coordinator
Career Insights for Realty Specialist
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What they do
A Realty Specialist is responsible for all nonsupervisory tasks in the acquisition, management, and/or sale of real estate property.
$65,577 / year median in Pennsylvania
-4% projected decline
Job Description
Appraisal Management Coordinator Penn Community Bank United States, Pennsylvania, Perkasie Jul 09, 2026 Job description: Act as a liaison between the Appraisal Management Company (AMC) the commercial and retail lending staff. Provide support and guidance to support the team as it pertains to the Appraisal Management function
Appraisal Review. This involves either a summary review, or a full review of appraisal compliance when needed with regards to USPAP, FIRREA, and bank requirements.
Determine scope of the appraisal or evaluation requests, make inquiries, and obtain information about the collateral property necessary to submit request to vendor.
Track active appraisals and reviews to ensure lending deadlines are met using the AMC portal. Relay pertinent information and/or delays to loan officers as needed.
Order and deliver needed appraisals for Loss Mitigation Team and loan operations.
Serve as a conduit for all Revision of Value (ROV) requests. Ensure that adequate information is provided to support the request.
Provides research and data to credit analysts to assist in the underwriting and support of lending decisions with regard to collateral properties. (includes industry related statistical information, comparable sales, and comparable rents, and MLS listing descriptions etc.)
Collect data from each appraisal and inputs into banks appraisal database, Compiles data and prepares statistical reports as required.
Make recommendations in accordance with the bank's Lending Policy for adding new appraisers to the preferred list, or make recommendations to remove based on the performance of appraisers
Assist Management with the vendor due diligence process as it pertains to the AMC. This would include the required vendor reviews of existing vendors and or the onboarding of potential new vendors
Participate in internal and external quality control and audit assessments.
Ensure that the Bank is within compliance with Quality Control Standards for AVMs
Process Appraisal Fees and Invoices
Maintaining department policies and procedures
Perform related duties as assigned. Compliance Comply with all applicable regulations and Bank policies regarding employment and employment law.
Participate in annual compliance and other job-related training.
Comply with applicable bank regulations, Bank policies and procedures.
Comply with Bank's internal privacy and ethics standards.