Appraisal Department Manager at Heritage Bank responsible for real estate valuation compliance and oversight. Leading appraisal teams to ensure risk management and regulatory compliance in Washington state.
Responsibilities
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.
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