Director of Appraisal
NBT Bank
full-time
Posted on:
Location Type: Office
Location: Albany • Connecticut • New York • United States
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Salary
💰 $132,630 - $176,862 per year
Job Level
About the role
- Directs the oversight of the Bank’s appraisal and evaluation process ensuring credibility, adequacy, accuracy and ethical consideration of all valuations.
- Ensures superior customer service commitments are met while ensuring compliance with USPAP, FIRREA and Interagency Guidelines.
- Maintains a master list of approved appraisers and reviews qualifications and demonstrations of work for new third-party vendors.
- Monitors performance of all fee appraisers including Appraisal Management Companies (AMCs) and approves inclusion/exclusion of external fee appraisers and AMCs.
- Negotiates pricing for all outsourced appraisal services.
- Assists the Bank in identifying market trends and establishing the Scope of Work for appraisal assignments.
- Oversees the Bank’s Environmental Assessment Policy and Procedures, familiarizing with American Society for Testing & Material (ASTM) Standards for Environmental Risk Assessments.
- Responsible for departmental budgets and expenses, staffing, training, reviewing and counseling appraisal staff as necessary.
- Writes and maintains appraisal policy, procedures, and business practices providing interpretation and clarification.
Requirements
- Bachelors degree in Business Administration or Economics and/or equivalent experience preferred
- MAI designation is required
- General Real Estate Appraisal Certification is required within footprint of NBT Bank, NA with eligibility of reciprocal agreements within other states as required
- Minimum 7 years of commercial appraisal experience with 2+ years of supervisory experience
- Strong knowledge of Federal and State Banking Regulations related to real estate lending
- Experience with YouConnect appraisal platform would be desirable.
Benefits
- Generous Paid Time Off : At least 22 days annually, prorated in the year of hire.
- Parental Leave : Six weeks of paid leave at 100% of your salary.
- Comprehensive Medical Coverage : Includes employer contributions to HSA for High Deductible Health Plan participants.
- Dental and Vision Coverage : Ensuring your overall health and well-being.
- Flexible Spending Accounts : For healthcare and dependent care expenses.
- Employer-Paid Disability Coverage : Both short-term and long-term, with an option to purchase additional long-term coverage.
- Life Insurance : Employer-paid basic life insurance, with an option to purchase supplemental coverage.
- Voluntary Benefits : Including hospital, accident, and critical illness coverage.
- Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
- Adoption Assistance : Supporting your growing family.
- Tuition Reimbursement : Invest in your education and career growth.
- Employee Assistance Program (EAP) : Access to support and resources.
- Pet Insurance : For all your furry friends.
- Financial and Banking Services : Various banking services benefits and financial planning assistance.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
appraisal processvaluationmarket trends analysisbudget managementstaff trainingpolicy writingcompliance with USPAPcompliance with FIRREAenvironmental risk assessmentsupervisory experience
Soft Skills
customer servicenegotiationperformance monitoringcommunicationleadershiporganizational skillscounselingreviewing qualifications
Certifications
Bachelors degree in Business AdministrationBachelors degree in EconomicsMAI designationGeneral Real Estate Appraisal Certification