Work Days and Expected Hours:
Monday-Friday 8:00 AM to 5:00 PM
(Additional hours as necessary to meet the objectives of the department).
Function: The Staff Appraiser will assist the Chief and Senior Appraiser to support the commercial and business banking loan origination and Managed Assets portfolio management processes by ensuring that risk appropriate real estate valuation standards are established and adhered to. The Staff Appraiser is also responsible for protecting the Bank by ensuring compliance with ethical, legal and regulatory requirements as they relate to real estate collateral valuation in accordance with state and federal regulations and USPAP Standards.
Duties & Responsibilities:
Assists in evaluating, monitoring and maintaining high appraisal standards, guidelines, techniques, and methods to ensure compliance with applicable state and federal laws and regulations and conformance with S&T policies and procedures.
Assists in managing the work flow of the Exactbid/RIMS appraisal management system, along with tracking of vendor services for real estate appraisals that serve as collateral for existing or prospective loans.
Performs an independent review of real estate appraisals/evaluations in accordance with USPAP Standards, the Interagency Guidelines, and S&T Policy #204.
Acts as a back-up to the Appraisal Coordinator in managing the Exactbid/RIMS Appraisal Management Software.
Regularly interfaces and supports lending relationship managers to address appraisal/evaluation related questions or matters in order to provide a high-level of customer service while mitigating real estate valuation risk.
Assist Senior Appraiser in maintaining and managing the Approved Appraiser List(s) for use in engaging appraisers for commercial, small business and managed asset assignments.
Assists in engaging and managing all appraisal related vendor relationships including providers of market data.
Assists in educating and training lending relationship managers and other key constituents on S&T's Real Estate Lending Policy and other appraisal related matters through formal presentations, calls, or meetings.
Demonstrates a strong ability to work independently, as well as motivated to work as a team player and exhibits excellent interpersonal skills. Contributes to the success of the department and in turn, the organization.
Performs other duties as assigned.
Operates a keypad device: 60% of the day; operates electronic equipment: 10% of the day; operates office equipment: 5% of the day; travels: 5% of the day; performing on-site inspections/evaluations: 10%. Requires the use of manual dexterity skills for typing and filing up to 60% of the business day. Specific vision requirements include close vision of 18"-20" for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.