Appraisal Coordinator

Appraisal Coordinator

The Appraisal Coordinator is responsible for "everything appraisals". This includes but is not limited to, the ordering, reviewing, evaluating, and monitoring of all appraisals that are received for accuracy and compliance. The Appraisal Coordinator will serve as the primary point of contact for appraisers, underwriters, and processors for appraisal corrections in addition to providing support to the mortgage compliance division. This position employs a firm understanding of appraisals and appraisal laws as they relate to mortgage loan processing.

What Makes Generations Bank Different? We prioritize a diverse and talented group of people who are encouraged to bring their full self to work. We are committed to a common goal, serving our community. Our four core values are more than words, they're at the heart of everything we do. We believe a team with a strong culture and unified purpose is better in the long run.

Core Values:

Accountability: We believe our work commitments should be done fully, and lending a hand to fellow team members isn't optional.

Relationships: We believe when we treat our team and customers with humility, dignity, and pride we reach our highest potential.

Communication: We believe in proactively sharing ideas and information.

Stewardship: We believe each team member should care for our assets and opportunities as if they were their own.

If you share a common vision in our culture and core values, we encourage you to apply.

What Does an Appraisal Coordinator Do? The specific duties/responsibilities listed below are representative of the knowledge, skill, and/or ability to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

1. Orders commercial and residential evaluations and appraisals, ensuring the correct type of report is engaged and all required documents are sent.
2. Assists in answering questions related to ordering appraisals and evaluations.
3. Reviews all evaluations and appraisals per the bank's policy to ensure compliance with all applicable regulations.
4. Investigates and resolves appraisal issues in a timely manner.
5. Reports on performance of appraisers concerning compliance, timing, communication, etc.
6. Collects and reviews appraiser credentials, sample reports, and references for consideration to be added to the bank's approved fee panel.
7. Prepares validations on existing appraisals for loan renewals.
8. Prepares evaluations on real estate collateral for new loans within the regulatory threshold as well as loan renewals.
9. Compiles comparable sales, rental rates, and other market statistics for use in validations, evaluations, property cash flows, and LOMs.
10. Other job-related duties as assigned.

The work schedule is Monday-Friday, 8:00am - 5:00pm, working onsite during the training period. Once training is complete, there is the potential for a hybrid work schedule.

There is minimal travel required, generally to property inspections in the NWA region during normal business hours.

This position has no supervisory responsibilities.

Environment and Physical Activity

The Appraisal Coordinator is in a non-confined office type setting in which they are free to move about at will. While performing this position spends time writing, typing, driving, speaking, listening, lifting (up to 10 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusts focus), sitting, pulling, walking, standing, squatting, kneeling, and reaching.

The Appraisal Coordinator may operate any or all the following: telephone, smart phone, copy machine, adding machine (calculator), scanner and image systems, scanning equipment, computer terminal, laptop, personal computer, tablet, printers, or other office equipment as directed.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Mental Demands. The CCS must be able to read documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.

What Are The Requirements? These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

BASIC QUALIFICATIONS - applicants must have these to be considered for the role:

• High school diploma or general education degree (GED).
• Bachelor's degree or 1 or more years of real estate or appraisal experience.
• Valid driver's license.

PREFERRED QUALIFICATIONS - applicants who have these will stand out:

• Bachelor's degree in accounting, finance, or business administration.
• Advance problem-solving aptitude
• Strong time management ability
• Effective communication skills - speaking, listening (active), and written
• Experience using Mercury Network
• Working knowledge of Interagency Appraisal and Evaluation Guidelines
• Proficiency in Microsoft Excel
• An understanding of USPAP (Uniform Standards of Professional Appraisal Practice)
• Teamwork orientation and an interest/capacity in cultivating strong working relationships
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Resilience to work in a fast-paced environment
• Professional appearance and demeanor
• A personal vehicle to drive while performing assigned duties and responsibilities (mileage is paid by the company).

Why Should I Apply?

• Competitive Wages
• Comprehensive and affordable medical, dental and vision benefits
• Paid time-off program
• Company-paid holidays (10 annually)
• 401(k) with Company Match
• Company-paid Basic Life Insurance
• Company-paid Short-Term Disability
• Employee Assistance Program
• Paid Maternity and Paternity Leave
• Training and Advancement opportunities
• Company-sponsored volunteer opportunities

Pay Transparency Nondiscrimination Provision: Generations Bank will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty of the contractor to furnish information.

We comply with the ADA and consider reasonable accommodation measures that may be necessary for eligible applicants/employees to perform essential functions.

Generations Bank is an affirmative action and equal opportunity employer and adheres to to offer employment without regard to race, color, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis. All qualified applicants will receive equal consideration for employment.

Applicants who are offered this role are required to submit to a background check including a criminal record check, employment, education verification, and drug screening.