Dieterich Bank · 2 months ago
Real Estate Appraisal Coordinator
Dieterich Bank is seeking a detail-oriented Appraisal Coordinator to join our team in Effingham, IL. This role is responsible for facilitating the day-to-day operations of the Appraisal Department, including ordering and reviewing real estate appraisals and performing evaluations and validations.
BankingFinanceFinancial Services
Responsibilities
Manage the Appraisal Inbox and maintain an appraisal and evaluation order log
Adhere to all applicable laws and regulations, including compliance with all appraisal and environmental rules and related regulations
Assist the Appraisal Review Manager in the ordering of appraisal reports and draft appraisal engagement letters
Provide updates to appraisers and Bank personnel on the status of assignments
Communicate requirements effectively to external fee appraisers and external environmental engineering firms
Perform administrative reviews of commercial and residential real estate appraisals reports for compliance with law and policy and for reasonableness and quality
Maintain effective relationships with external fee appraisers and other vendors
Conduct preliminary market research and gather property-specific data for appraisal and evaluation orders
Perform real estate evaluations and validations
Resolve valuation differences/discrepancies between appraisers and loan production staff while maintaining Appraiser Independence
Maintain knowledge of real estate value trends and property developments to ensure valuations conform to current market conditions
Update the Bank's Approved Appraiser list on a regular basis
Remain up to date on regulations and knowledge surrounding the appraisal industry through continuing research, training, and development
Qualification
Required
Detail-oriented
Real estate experience or an active real estate license
Manage the Appraisal Inbox and maintain an appraisal and evaluation order log
Adhere to all applicable laws and regulations, including compliance with all appraisal and environmental rules and related regulations
Assist the Appraisal Review Manager in the ordering of appraisal reports and draft appraisal engagement letters
Provide updates to appraisers and Bank personnel on the status of assignments
Communicate requirements effectively to external fee appraisers and external environmental engineering firms
Perform administrative reviews of commercial and residential real estate appraisals reports for compliance with law and policy and for reasonableness and quality
Maintain effective relationships with external fee appraisers and other vendors
Conduct preliminary market research and gather property-specific data for appraisal and evaluation orders
Perform real estate evaluations and validations
Resolve valuation differences/discrepancies between appraisers and loan production staff while maintaining Appraiser Independence
Maintain knowledge of real estate value trends and property developments to ensure valuations conform to current market conditions
Update the Bank's Approved Appraiser list on a regular basis
Remain up to date on regulations and knowledge surrounding the appraisal industry through continuing research, training, and development
Associate's Degree in business, management, or a related field or equivalent experience
Preferred
2+ years of experience in the following areas preferred: Appraisal department or firm
Real estate lending (commercial and residential)
Real estate sales, broker, or investor
Equivalent combination of education and work-related experience
Benefits
Group Health Insurance
Group Dental & Vision Insurance
Life, AD&D & LTD Insurance
401(k) Plan - Employer matching available
Employee Assistance Program+
Discretionary Profit Sharing Plan
Discretionary Bonus Plan
Profit Sharing Plan
Paid Time Off (Holidays, sick time, personal time, and vacation)
8 hours of paid time volunteer with a charity of their choice.
Company
Dieterich Bank
Dieterich Bank provides banking and financial services to local farmers, merchants, and people.