Appraisal Review Officer - Customers Bank
Malvern, PA 19355
About the Job
At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences, and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.
Customers Bank has an immediate opening for a Review Appraiser in our Credit Department. As the Review Appraiser, you assume the responsibility of ensuring that Customers Bank is in receipt of credible regulatory and policy compliant third-party reports regarding real property taken as collateral.
We are looking for an experienced, knowledgeable and highly motived individual who thrives in a fast-paced environment.
Responsibilities:- Review submitted Real Estate Appraisal Reports to ensure their credibility with USPAP compliance, conformity to bank engagement letters, bank policy and Interagency Guidelines.
- Mediate and resolve issues between the Loan Production Teams and valuation vendors to maintain independence and impartiality in the collateral evaluation process.
- Provide support to the bank’s Credit Officers and Analysts regarding any aspects of the presentation and conclusions within submitted third party reports
- Assist the Team Manager and Coordinator in ensuring that the appropriate reports with suitable content are being ordered and delivered in a timely manner.
- Work with the Loan Documentation team post-review to guarantee all necessary documents generated by the appraisal team are available for a loan closing.
- Contribute by maintaining approved vendor lists to ensure that the best firms are selected to provide third-party reports to Customers Bank and that all certifications and insurance declarations on file for vendors are current.
- Review environmental due diligence reports to evaluate and provide advisement to the Loan Production Teams regarding possible short and long-term risks that need to be addressed.
- Generate and populate in-house logging forms, reports and studies.
- Must be an experienced Certified General Real Estate Appraiser with a background valuing a wide variety of property types and rights.
- Strong understanding of the Uniform Standards of Professional Appraisal Practice (USPAP) and the Federal Interagency Appraisal Guidelines (FIRREA).
- Superior written and verbal communication skills.
- Ability to analyze complex valuation presentations including discounted cash flows.
- Ability to quickly learn new programs and software. Knowledge of the Microsoft Office Suite is a must.
- Willingness to accept new tasks and work necessary hours to meet all situations as they arise.
- Proactive individual who has excellent time management skills and the ability to work independently and efficiently.
- Capacity to prioritize work during busy periods to maximize efficiency.
- Bachelor's degree or higher.
- Prior experience at a financial institution is a plus.
Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.
VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.