Appraisal Department Manager
Heritage Bank NW
full-time
Posted on:
Location Type: Office
Location: Tacoma • Washington • United States
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Salary
💰 $141,729 - $212,594 per year
About the role
- Provide leadership, management, and direction to the appraisal department
- Oversee the Bank's real estate collateral valuation process, ensuring risk appropriate collateral valuation standards
- Maintain detailed knowledge of all banking regulations for real estate valuations, and ensure compliance with Bank policies, Federal and State regulations, including FIRREA and USPAP
- Ensure the Bank's real estate valuation policies and procedures are maintained and current
- Exercise personal judgment and decision-making independent of undue influence by lenders or borrowers
- Qualify external third party appraisers for approved appraiser list
- Conduct and lead the review team to perform thorough analyses of commercial and residential appraisal reports and evaluations for accuracy, reasonable assumptions, supportable conclusions, appropriate technical analysis, current market conditions, and ensures compliance with policies and all applicable regulatory requirements
Requirements
- H.S. Diploma or equivalent required
- Bachelor's Degree in Finance, Economics, Business Administration, Real Estate or relevant course of study required
- Master's degree preferred
- 5+ years recent experience in commercial and residential real estate appraisal in both traditional and/or investment bank environments
- minimum of 3 - 5 years in a leadership / appraisal management role
- working knowledge and experience with the residential appraisal and review process required
- State Certified - General Real Estate Appraiser designation within the Bank’s footprint required
- Appraisal designation preferred
- Equivalent combination of education, experience and advanced income property appraisal coursework may be considered
- Highly developed interpersonal and written/verbal communication skills demonstrating the ability to communicate effectively, clearly and persuasively in a variety of settings, formats, and audiences; with the ability to read, write, speak, and understand English well
- Strong management / leadership skills are required to motivate and develop a high performance work team and monitor workflow and schedules in multi-site / remote locations; employee development, performance management, training, and employee counseling skills are required
- Strong technical and analytical reasoning skills to synthesize information accurately and effectively to understand and interpret regulatory requirements and appropriately apply principles, procedures, requirements, regulations, and policies to the position.
Benefits
- medical, dental, vision, life insurance
- 401(k)
- community volunteer time
- minimum of 10 paid vacation days annually
- 8 hours of paid sick leave per month
- 11 paid holidays each calendar year
- an annual float day
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
real estate appraisalcollateral valuationtechnical analysismarket analysisappraisal review processregulatory compliancerisk assessmentappraiser qualificationincome property appraisalappraisal designation
Soft Skills
leadershipmanagementinterpersonal communicationwritten communicationverbal communicationdecision-makingemployee developmentperformance managementtraininganalytical reasoning
Certifications
State Certified - General Real Estate Appraiser