Manager of Real Estate Valuation

First National Bank Of Pennsylvania•Hermitage, PA

About The Position

The Manager of Real Estate Valuation designs the operations and staffing of the appraisal process and manages appraisal unit staff. The role supports commercial lenders and branch personnel with the valuation or review of valuations of real estate securing commercial and retail loans, while ensuring timely, high-quality service to internal personnel. The manager also oversees the ordering and review of environmental reports for certain real estate properties pledged as loan collateral and manages vendors, including appraisers and appraisal management companies (AMCs). The position directs the ordering and review of real estate valuations across several lending units, oversees environmental assessment processes, reviews appraisals, arranges external reviews for complex or larger commercial loans, develops valuation policies and procedures, and prepares reporting for senior management, auditors, and examiners. It also oversees vendor management and relationships, prepares internal valuations when appropriate, and performs other related duties and projects as assigned. All employees are responsible for managing risk within their business areas and complying with regulatory laws, guidelines, and company procedures. F.N.B. Corporation does not provide employment-based visa sponsorship for this position; applicants must be legally authorized to work in the United States.

Requirements

Bachelor of Arts or Bachelor of Science degree.
At least 10 years of job-related experience.
Experience in lending.
Supervisory experience.
In-depth knowledge of banking policies, programs, and procedures.
Excellent management skills.
Excellent written and verbal communication skills.
Excellent customer service skills.
Excellent organizational, analytical, and interpersonal skills.
Ability to use a personal computer and job-related software.
Basic-level Microsoft Word skills.
Intermediate-level Microsoft Excel skills.
Basic-level Microsoft PowerPoint skills.
Must be legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Responsibilities

Direct the process for ordering and reviewing real estate valuations for Builder Finance, Commercial Lending, SBA, Small Business Loan Center, MAD, DLC, Correspondent Lending, and Special Lending.
Oversee ordering and tracking of environmental assessments in accordance with Bank policy and procedures.
Review real estate appraisals on commercial loans up to $5 million for compliance with Bank policy and state and federal law.
Manage external reviews of appraisals on complex commercial loans or loans greater than $5 million to ensure accurate and timely responses to lenders.
Develop and maintain real estate valuation policies and procedures.
Prepare and deliver timely, accurate appraisal reporting to Senior Management, Internal and External Audit, and Examiners.
Oversee the department’s vendor management process.
Maintain professional relationships with key vendors and ensure vendor performance aligns with service-level expectations and industry best practices.
Prepare and review internal real estate valuations on appropriate commercial loans.
Perform other related duties and projects as assigned.
Understand, report, respond to, manage, and monitor risks encountered in daily work as required by the corporation’s risk management program.
Comply with regulatory laws, guidelines, and company procedures.