Manager of Real Estate Valuation

F.N.B. Corporation • Hermitage, PA

2d

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 valuation and review of valuations for real estate securing commercial and retail loans, while ensuring the unit provides timely, high-quality service to internal personnel. The position also oversees ordering and review of environmental reports for certain real estate pledged as loan collateral and manages appraisal and appraisal management company vendors.

The manager directs real estate valuation processes across multiple lending groups, oversees environmental assessment ordering and tracking, reviews appraisals for compliance, and coordinates external reviews for complex or larger commercial loans. The role develops valuation policies and procedures, prepares reporting for senior management and audit and examination functions, manages vendor performance, and prepares or reviews internal real estate valuations. All employees are responsible for managing risk in accordance with F.N.B. Corporation’s risk management program and complying with regulatory requirements and company procedures.

Requirements

• BA or BS degree.
• At least 10 years of job-related experience.
• Supervisory experience required.
• Experience in lending.
• In-depth knowledge of banking policies, programs, and procedures.
• Excellent management, written and verbal communication, customer service, organizational, analytical, and interpersonal skills.
• Ability to use a personal computer and job-related software.
• MS Word at a basic level.
• MS Excel at an intermediate level.
• MS PowerPoint at a basic level.
• Legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Responsibilities

• Directs ordering and review of real estate valuations for Builder Finance, Commercial Lending, SBA, Small Business Loan Center, MAD, DLC, Correspondent Lending, and Special Lending.
• Oversees ordering and tracking of environmental assessments in accordance with Bank policy and procedures.
• Reviews commercial loan real estate appraisals up to $5 million for compliance with Bank policy and state and federal law.
• Manages external review of appraisals for complex commercial loans or loans greater than $5 million to ensure timely, accurate responses to lenders.
• Develops and maintains real estate valuation policies and procedures.
• Prepares and delivers timely, accurate appraisal reporting to Senior Management, Internal and External Audit, and Examiners.
• Oversees the department’s vendor management process and maintains professional relationships with key vendors.
• Ensures vendor performance aligns with service-level expectations and industry best practices.
• Prepares and reviews internal real estate valuations on appropriate commercial loans.
• Performs other related duties and projects as assigned.
• Understands, reports, responds to, manages, and monitors business risks as required by F.N.B. Corporation’s risk management program.
• Complies with regulatory laws and company procedures.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager