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QNB Bank · 2 months ago

Senior Real Estate Appraiser

Quakertown, PA

Full-time

Onsite

Senior Level

5+ years exp

QNB Bank is currently seeking a Senior Real Estate Appraiser to manage their real estate appraisal process for both commercial and residential properties. The role involves performing and reviewing appraisals, ensuring compliance with industry standards, and managing related documentation and processes.

CommunitiesFinancial ServicesFinTech

Responsibilities

Prepare thorough appraisals on problem loans or evaluations for properties as requested and permitted by bank policy

Review appraisals prepared by third parties for compliance with USPAP and the Bank's Appraisal Policy. Discuss and resolve any deficiencies with the appraiser and/or adjust the value accordingly

Perform on-site inspections on property to ascertain the condition of a property and/or assist in the preparation of an appraisal or evaluation

Manage the Commercial Lending Appraisal process through interaction with lenders regarding appraisal requests, acquiring relevant information to precisely define the scope of work for an appraisal assignment. Obtaining bids from qualified appraisers, preparing engagement letters and forward appropriate information to appraiser, and monitoring timely receipt of appraisals

Order or oversee the process to order appraisals on a rotating basis for the Retail and Mortgage loan functions

Track bids, engagement letters and receipt of appraisals

Maintain database by capturing key data from appraisals

Provide assistance and advice to lenders regarding appraisal issues

Track local, regional and state real estate data and market trends which may impact the bank's appraisals or evaluations

Directly or indirectly manage any employees involved in the appraisal process

Ensure appraisals and related documentation are saved in the Bank's electronic filing system

Review credentials and sample appraisals of professionals to be considered for addition to the Bank's Approved Appraiser list

Recommend changes to the Approved Appraiser list based on performance and need in various geographical areas or property expertise

Ensure submission of invoices to Accounts Payable

Responsible for the annual budget of the Appraisal Department

Comply with all State, Federal, and local law as well as USPAP, regulatory requirements and Bank policies

Complete assigned compliance training in a timely manner and demonstrate the ability to apply training to their duties and responsibilities including their supervision of other employees

Assume additional job-related duties as required

Qualification

MAI designationPA Certified General AppraiserAppraisal process knowledgeIndustry regulations knowledgeMSOffice Suite proficiencyTime managementCritical thinkingProblem-solvingAttention to detailOrganizational abilitiesCommunication skillsInterpersonal skills