[Hiring] Senior Appraisal Reviewer @Stearns Bank NA.

Role Description

Perform real estate evaluations when required by law or internal policy. In addition, this individual will be required to review all types of real estate appraisals to ensure compliance with regulatory (FIRREA) and USPAP guidelines and Stearns Bank internal appraisal and evaluation policy and procedures.

This position is essential to the bank in maintaining independence of real estate appraisal and evaluation process. A key element is the independent selection of qualified individuals to appraise and evaluate real estate; and a qualified individual who is not involved in loan production to review the reports.

Responsibilities

• Contact and select appraiser for appraisal engagement as it relates to time frame and fee.
• Engage appraiser utilizing the standard Stearns Bank engagement letter.
• Review appraisal reports completed by independent appraisers. Make recommendations regarding the validity of these reports. Challenge appraisal assumptions when appropriate.
• Complete appraisal review for the Banks credit file.
• Conduct complex commercial and residential reviews and internal evaluations.
• Monitor appraisal process from engagement to review completion.
• Assist in the prioritization of the commercial reviews and evaluations.
• Have a full understanding of the regulatory appraisal laws and regulations to be a go-to source for the lending personnel and bank management regarding when and what type of valuation is required.
• Consult and assist lending personnel regarding property values, marketability, and economics related to real estate.
• Maintain current knowledge of real estate values and property developments to ensure that valuations confirm with current market.
• Analyze market trends in real estate development, valuation, and appraisal techniques.
• Maintain a working knowledge of all legal and regulatory compliance issues as they pertain to this position.
• Loss prevention and security as applicable for this position.
• Complete required training.
• Perform other duties as necessary for the efficient operations of the department and organization.

Qualifications

• Bachelor’s degree (B.A./B.S.) from a four-year accredited college or university.
• 10+ years of active real estate appraising and evaluation experience, which includes 5+ years’ experience in appraisal review for banks or lending institutions.
• State Certified General Appraiser License.
• Superior written and oral communication skills.
• Ability to prioritize work to maximize efficiency.
• Strong analytical and decision-making skills.
• Highly motivated and able to work in a fast-paced environment.

Requirements

• Occasionally lift and/or move up to 25 lbs.
• Ability to understand and follow instructions in English.
• Ability to sit for extended periods of time, twist, bend, sit, walk, use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear.
• Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Benefits

• Employee Stock Ownership Plan & 401k Plan
• Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)
• 12-week Paid Parental Leave and Medical Leave: With a cap of 20 weeks for eligible team members who qualify for both Medical and Parental Leave related to the birth of a child
• $5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, Down Payment Assistance, Health Insurance Premiums
• PTO from 13 to 23 days depending on tenure. Cashout and Carryover options
• 10 Days Sick Time
• 11 Paid Holidays
• 4 Days Volunteer Time
• 2 Days Self Allowance Time
• Tuition Assistance