Review Appraiser
Creve Coeur, MO 
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Posted 19 days ago
Job Description

Position Summary

The Review Appraiser is a member of the Real Estate Technical Services Group. In connection with Busey Bank Policy, FIRREA, USPAP and the Interagency Appraisal and Evaluation Guidelines (IAG) regarding real-estate-related financial transactions, this associate is responsible for managing the valuation process for a given workload/que, which may include consultation with Busey associates and third party vendors, valuation product procurement, completing appraisal reviews, internal evaluations, and validations connected to commercial lending activities for residential and commercial real estate.

Duties & ResponsibilitiesUnderstands FIRREA, USPAP and the Interagency Appraisal and Evaluation Guidelines. Has dialogue with lenders and appraisers as to issues in the valuation process. Understands the commercial loan process and its documentation as well as the appraisal, evaluation, validation, and environmental report process. Organizes the appraisal, evaluation, validation, and environmental report ordering process in RIMS. Accepts requests from lenders/coordinators. Contacts appraisers/vendors for completing requests. Utilizes RIMS to process valuation requests associated with commercial lending activities. Updates information in RIMS and maintains database records of all reports. Reads residential and commercial real estate appraisals and completes appraisal reviews. Uses outside appraisers or the Commercial Appraisal Services Manager to complete the technical reviews, as required by bank policy. Completes internal evaluations, validations and reviews environmental reports and evaluations.

Education & Experience

Knowledge of:

  • Policy and federal regulations including, but not limited to, FDIC and FIRREA regulations.
  • Strong oral and written communication skills
  • Strong organizational skills
  • Federal regulations
  • Math skills for financial calculations
  • Commercial loan process and its documentation
  • Understanding of valuation services as described in USPAP, including but not limited to, appraisal and appraisal review standards, process, procedures, techniques and reporting.

Ability to:

  • Maintain confidentiality of customer information
  • Take moderate care to prevent loss to the organization
  • Analyze and solve problems for which there are not precedents
  • Maintain mental concentration for variable lengths of time
  • Perform duties under frequent time pressures
  • Solve problems independently while applying logic and discretion

Education and Training: Requires a Bachelor's degree.
Requires a State issued Certified General Appraisal License
Requires 3 or more years of Commercial Real Estate experience
Requires knowledge of Microsoft Office.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.


EOE of Minorities/Females/Vets/Disability

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
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