Summary
Reporting to the Mortgage Lending Manager, this full-time, non-exempt hourly role is responsible for ordering, reviewing, evaluating, and accepting appraisals for the Mortgage Lending Department and the Business Lending Department, while remaining independent of loan production and uninfluenced by loan personnel. Responsible for complying with all current appraisal rules and regulations, including the Interagency Appraisal and Evaluation Guidelines. Works with and monitors any third-party arrangement, including working with Appraisal Management Companies, to order, review and accept appraisals. Ensures that we are compliant in all aspects of our collateral valuations’ programs. Work to ensure Quality Control in different areas of the Credit Union as ordered by management. These duties may include analysis and auditing of different data and files.
Essential Functions & Responsibilities
- Responsible for ordering, reviewing, accepting, and evaluating appraisals, either directly or indirectly through a third-party arrangement while remaining independent and uninfluenced.
- To complete analysis form for quality control of appraisals, which will vary on residential and commercial valuations.
- Communicate values to employees for loan production purposes and answer questions for members as it relates to the collateral valuation program.
- Analyze and audit data and files as directed by management for quality control.
- Manage and maintain a list of approved appraisers for the MBL function as well as residential.
- Practice confidentiality where indicated in member and employee matters.
- Perform other jobs as assigned by management.
Qualifications and Certifications
- Associates Degree in related field required
- 1-3 years of similar or related experience.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
