Hybrid Equipment Valuation Manager

at SouthState Bank

• Job title: Equipment Valuation Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $99,237 - $158,521 per year
• Degree requirement: High School Diploma
• Location requirements: Hybrid, United States

About the role

• Equipment Valuation Manager managing appraisal processes and compliance at SouthState Bank. Overseeing teams and ensuring adherence to regulatory standards in valuation reports.

Responsibilities

• Manage and supervise the equipment valuation process and support teams as assigned by the Director of Appraisal & Valuation Services.
• Ensure that the Bank’s policies, code of conduct, and regulatory guidelines are followed with all equipment valuation work.
• Scope valuation needs for non-real estate collateral (equipment, aircraft, etc.)
• Manage the procurement and ordering process for third-party equipment valuations.
• Perform reviews of third-party and internally prepared equipment valuations and related reports, ensuring compliance with internal standards and applicable regulations.
• Perform in-house valuations and assessments on an as-needed basis.
• Coordinate with regulatory auditors on valuation documentation and compliance.
• Update valuation-related policies, procedures, and bulletins as necessary.
• Provide support and resolution for valuation-related issues from internal business lines or third-party vendors.
• Train bank employees and valuation team members on equipment valuation processes and tools.
• Monitor pipeline of valuation requests and address any issues or delays proactively.
• Ensure external vendor competency and validate the reasonableness of valuation fees.
• Support implementation of new technology or platforms related to equipment valuation.
• Conduct performance evaluations and provide mentorship to direct reports.
• Collaborate with departments and stakeholders on business initiatives involving equipment appraisal.
• Promote interdepartmental collaboration and positive communication.
• Continuously enhance professional knowledge through training and development.
• Coordinate with other departments to support credit decisions and risk mitigation.
• Engage in marketing and outreach efforts related to commercial valuations.
• Stay informed of market and industry trends related to equipment valuation.
• Participate in marketing or business development efforts related to valuation services.
• Perform other duties as directed by leadership.

Requirements

• High School Diploma or GED equivalent.
• Bachelor's degree (B. A.) from four-year College or University preferred, or equivalent prior work experience.
• Minimum 5 years in an equipment appraisal/valuation related field.
• Field experience preferred but not required.
• Industry certification preferred (e.g., ASA in Machinery & Technical Specialties or other relevant credential), but not required.
• Must demonstrate proficiency in appraisal review and reporting standards.

Benefits

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.