[Hiring] Real Estate Valuations Specialist III @Truist Bank

Role Description

Under general supervision, conduct appraisal reviews and/or perform independent real estate evaluation reports as well as assist the Bank's lending and administrative personnel in the implementation of appraisal policy and procedure. When needed, mentor and train Real Estate Valuation Specialist I and II as well as perform workflow management and peer reviews.

Position can sit within the Truist footprint.

Essential Duties and Responsibilities

• Perform valuation services including real estate appraisal reviews and/or real estate evaluation reports.
• Ensure that valuations are completed in accordance with regulatory requirements, Bank policy, procedures and Uniform Standards of Professional Appraisal Practice requirements.
• Fully document evaluations and/or appraisal reviews in standard Bank format in describing the real estate collateral, condition, current and projected use.
• Describe the source(s) of information used in the analysis, the analysis and supporting information, and provide an estimate of the real estate’s market value, with any limiting conditions.
• When applicable, coordinate with vendors for any necessary corrections on valuations prepared for the Bank.
• When applicable, conduct on-site visits to inspect and perform in-depth analysis on more complex projects.
• Develop and maintain professional contacts to keep current on market trends.
• Meet or exceed all key performance indicators including quality, turn time and production to ensure departmental and Bank success.
• Act as liaison between the vendor, lending staff, management and others to ensure that independence is maintained in accordance with regulatory requirements.
• Assist with the management of the Approved Vendor Panel which may include vendor coaching or other valuation services.
• May be asked to participate in special projects as needed.

Qualifications

• Bachelor's degree in a business or real estate-related field or equivalent education and related training.
• Minimum six years of experience in real estate valuations with a focus on the most complex commercial and/or residential properties with at least three years of experience in actual report preparation.
• Holds an active State Certified-General Real Estate Appraiser license in a state within the Bank’s footprint and must be current on continuing education and licensing requirements.
• Excellent verbal and written communication skills.
• Ability to meet critical deadlines.
• Excellent analytical skills.
• Ability to accurately interpret complex state and federal regulatory requirements applicable to the appraisal industry.
• Demonstrated proficiency in basic computer applications such as Microsoft Office software products.

Requirements

• Member, Appraisal Institute (MAI) or Senior Residential Appraisal (SRA) designation with the Appraisal Institute or equivalent.
• Master’s degree in a business or real estate-related field.
• Advanced computer education and training.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts and a 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during the first year of employment.
• 10 sick days (also prorated) and paid holidays.
• Eligibility for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may apply.