Appraisal Coordinator Job at First Community, Lexington, SC

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  • First Community
  • Lexington, SC

Job Description




Position Summary

The Appraisal
Coordinator will be responsible for ordering and reviewing valuations for
consumer and commercial real estate loans and renewals. This may include
appraisals ordered and completed by our appraisal management company or
directly from an independent appraiser. The
Appraisal Coordinator is also responsible for completing the appraisal review
checklist(s) and communicating with all internal stakeholders.

Essential Duties and
Responsibilities
(Other duties may be assigned.)

  • Knowledge of relevant regulatory considerations and
    adhering to requirements set by applicable and relevant agencies for a
    complete appraisal
  • Ordering and monitoring valuations in accordance
    with bank policy and relevant regulatory obligations
  • Inquiring and monitoring quotes on appraisal
    orders, compliance fulfillment and delivery of appraisals within
    established timeframes
  • Monitoring appraisals for utilization of
    reasonable and best use analysis, comparable sales and adjustments, as
    applicable or relevant
  • Monitoring appraisals for any potential issues
    with the model valuation and assumptions of the appraisal
  • Responsible for providing
    borrower(s) a copy of the appraisal in accordance with regulatory
    obligations
  • Responsible for the process of appraisal receipts,
    invoice payments and reconciling related general ledger accounts
  • Maintaining and updating the internal approved
    appraiser list
  • Maintaining files for approved appraisers to
    include obtaining updated license and insurance information
  • May be requested to assist in
    the support of other bank activities

Qualifications

  • Bachelor's degree, or at least 3 years of related experience, or
    an equivalent combination of education and experience.
  • 3-5 Years' Experience with appraisals, preferred
  • Proven problem-solving, critical thinking, and analytical
    skills. Ability to interpret a
    variety of information furnished in written, oral, diagram, or schedule
    form.
  • Strong organizational and time management skills. Ability to prioritize.
  • Ability to analyze
    processes for efficiency and/or improvements.
  • Ability to compute basic to moderately complex math calculations.
  • Excellent customer service and interpersonal skills
  • Proficiency in using personal computers and office products (e.g.,
    Word, Excel, Powerpoint); Experience with Excel is a must.




FIRST COMMUNITY BANK (SC) is an EEO Employer - M/F/Disability/Protected Veteran Status


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Job Tags

Work at office

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