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Review Appraiser

Company: Newburyport Bank
Location: Newburyport
Posted on: May 15, 2022

Job Description:

Newburyport Bank is a premier community bank in the Greater Seacoast looking to expand our team. If you are seeking an organization who treats customers, employees, and community members with respect, fairness, and an unwavering commitment to professional growth and development, apply now.
We are currently recruiting for a Review Appraiser. This individual will work closely with the Credit Administration Officer to review and manage all appraisal orders from the Commercial Lending Team.
Responsibilities include the following, however, other duties may be assigned as dictated by business need.

  • Demonstrates understanding of and commitment to the bank's ongoing mission, vision and core values.
  • Responsible for managing the bidding, engagement and review of all commercial appraisal assignments.
  • Addresses questions and appraisal issues directly with the appraisal vendor and documents the resolutions within the appraisal review process.
  • Performs annual review of all approved appraisers and assists commercial credit department with report preparation and other duties as requested.
  • Is responsible for making recommendations for additions to or removal from the commercial approved appraiser list.
  • Gathers and assimilates appropriate appraisal data for different property types and different markets to assist with the credit analysis process.
  • Remains current on all Bank credit policies and existing regulations and verifying conformity.
  • Assists Commercial Loan Officers with ordering appropriate valuations based upon the type and structure of commercial loan.
  • Demonstrates understanding and compliance with Bank policies and procedures as well as regulatory guidelines as applicable to the position.
  • Works with other employees of the department & organization as a positive, enthusiastic and proactive team member.

    • Minimum of Bachelor's degree with specialization in business/finance/real estate, in addition to a minimum of 3 + years of experience in a similar type of role.
    • Strong understanding of commercial property valuation methodologies and the ability to translate market data and valuation calculations in appraisal reports.
    • Detail orientation, ability to work successfully with deadlines and time constraints, ability to learn and apply basics of the Bank's products and services including loan products, self-motivation and decision making skills required. Working knowledge of general banking and lending concepts and principals in addition to strong experience with and understanding of Microsoft applications (Word, Excel and Outlook).
    • Professional demeanor and professional maturity required for working closely with customers, employees, vendors and members of the Board of Directors.

      Member FDIC -Member DIF - EOE/Disabilities- Veterans - Equal Housing Lender- Bank NMLS#413282

Keywords: Newburyport Bank, Lowell , Review Appraiser, Other , Newburyport, Massachusetts

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