[Hiring] Consumer Chief Real Estate Appraiser @Fifth Third Bank

Role Description

Ensure Bancorp residential collateral policies are compliant with all federal and investor appraisal and evaluation regulations and requirements. Challenge first line of defense consumer residential appraisal and evaluation strategies.

Responsible for implementation of planning, organizing, staffing and directing the efforts of the second line of defense (2LOD) residential lending appraisal group (RLAG). Develop relationships with staff, other departments and individuals within the Bancorp that encourages participation, teamwork, respect, a work culture of equity and inclusion, effective relationships and appropriate use of resources. Exercise independent expert judgment and discretion.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues. Ensures that actions and behaviors consider the impact to the customer experience and align with regulatory requirements. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Essential Duties and Responsibilities

• Determine and maintain appropriate staffing levels.
• Perform tasks related to supervision of RLAG staff and their daily operations, including:
  • Prioritizing workloads
  • Promoting teamwork
  • Ensuring adequate work coverage during absences and vacancies
  • Ensuring work is distributed equitably and supports high productivity
  • Providing coaching, education and career development of staff
  • Implementation of succession plans
• Implement second line of defense policies and procedures in accordance with state and federal laws and investor requirements.
• Identify problems hindering progress towards goals and objectives; recommend solutions or seek advice as appropriate; and implement corrective action as directed.
• Provide oversight and challenge of the line of business collateral valuation assessment process and program modifications.
• Challenge standards, methods and techniques used in real property appraisals/valuations to ensure conformation with laws, regulations, investor and bank requirements.
• Ensure FTB Appraiser Exclusionary list is maintained and regularly reviewed by RLAG staff.
• Provide oversight and challenge of LOB training on the appraisal function.
• Remain current on applicable regulations and communicate changes to appropriate staff.
• Provide support to appraisal vendor management as needed.
• Ensure alternative valuations meet regulatory and Bancorp guideline standards.
• Responsible for oversight and challenge of AVM business rules.
• Review and challenge all line of business collateral.
• Assist the LOB in the assessment of repurchase demands for collateral valuation issues.
• Maintain membership in professional organizations to remain current on trends in the industry and regulatory issues.
• Perform work/participate in special projects or line of business strategy projects as directed.

Supervisory Responsibilities

• Provide employees timely, candid and constructive performance feedback.
• Develop employees to their fullest potential and provide challenging opportunities that enhance employee career growth.

Qualifications

• Active Certified or General Real Estate Appraisal License.
• Minimum 10 years Residential Appraisal review experience.
• Minimum 10 years Residential Real Estate experience.
• Analytical and communication skills required.
• Broad knowledge of You Connect, Real EC, GAAR, and FNC/CMS a plus.
• Excellent analytical, verbal, and written communications skills with strong attention to detail.
• Proficiency with Microsoft Office software including Word, Excel, Power Point, etc.
• Strong leadership, interpersonal and collaboration skills.

Benefits

• Comprehensive benefits and differentiated compensation offerings.
• Base salary reflective of the range of salary levels for all roles within this pay grade across the U.S.
• Eligible to participate in an incentive compensation plan based on company, line of business and/or individual performance.
• Extensive benefits programs designed to support the individual needs of employees and their families.

Company Description

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.