Staff Appraiser II

S&T Bank•Plum, PA

4d•$55,000 - $149,000

About The Position

The Staff Appraiser will assist the Chief and Senior Appraiser to support the commercial and business banking loan origination and Managed Assets portfolio management processes by ensuring that risk appropriate real estate valuation standards are established and adhered to. The Staff Appraiser is also responsible for protecting the Bank by ensuring compliance with ethical, legal and regulatory requirements as they relate to real estate collateral valuation in accordance with state and federal regulations and USPAP Standards.

Requirements

Requires a 4-year degree or equivalent, major area of specialization: Real Estate.
Requires five to ten years of general experience, plus two to five years of specialized experience as a Licensed Appraiser Trainee.

Nice To Haves

Appraisal Institute Candidate (MAI) preferred.

Responsibilities

Assists in evaluating, monitoring and maintaining high appraisal standards, guidelines, techniques, and methods to ensure compliance with applicable state and federal laws and regulations and conformance with S&T policies and procedures.
Assists in managing the on-line bidding, awarding and tracking of vendor services for real estate appraisals that serve as collateral for existing or prospective loans.
Performs independent reviews of real estate appraisals/evaluations in accordance with USPAP Standards, federal regulations, and S&T Policy #204. When necessary, completes internal appraisals and evaluations.
Acts as a back-up to the Appraisal Coordinator in managing the YouConnect Appraisal Management Software.
As needed, interfaces and supports Bankers of all levels to address appraisal/evaluation related questions or matters in order to provide a high-level of customer service while mitigating real estate valuation risk.
Assists in engaging and managing all appraisal related vendor relationships including providers of market data.
Assists in educating and training Bankers of all levels and other key constituents on S&T’s Real Estate Appraisal Policy and other appraisal related matters through formal presentations, calls, or meetings.
Demonstrates a strong ability to work independently, as well as motivated to work as a team player and exhibits excellent interpersonal skills.
Contributes to the success of the department and in turn, the organization.
Performs other duties as assigned.