Senior Appraisal Analyst
About The Position
Responsible for reviewing property valuations to ensure compliance Federal/State law and Truist risk policy to ensure that loans secured with real estate are protected with adequate collateral value. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Successfully use critical thinking and analytical skills to review collateral. 2. Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements. 3. Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources. 4. Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines. 5. Identify and determine next steps for collateral issues that have been escalated. 6. Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met. 7. Adhere to all compliance regulations and controls. 8. Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors. 9. Cultivate relationships with peers as a peer mentor.
Requirements
- Four years or more of mortgage or consumer loan underwriting experience - appraisal review experience strongly preferred.
- Three years of continuous collateral review experience
- Excellent Communication skills, both written and verbal, in relating to internal and external clients
- Demonstrates proficiency in basic computer applications such as Microsoft Office software products
Nice To Haves
- FHA DE (CHUMS) / VA SAR/LAPP
- Appraisal review or field experience with residential appraising
- Experience with using appraisal and market evaluation tools
- Demonstrates proficiency in mortgage automated processing systems
- Basic knowledge of bank services and products
- Bachelor's degree, or equivalent education and related training
Responsibilities
- Successfully use critical thinking and analytical skills to review collateral.
- Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
- Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
- Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
- Identify and determine next steps for collateral issues that have been escalated.
- Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
- Adhere to all compliance regulations and controls.
- Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
- Cultivate relationships with peers as a peer mentor.
Benefits
- Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
- Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
- Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Number of Employees
5,001-10,000 employees
