Description
Responsibilities include but are not limited to:
- Supervise commercial and residential review appraisal staff.
- Assistant to Department Manager in all responsibilities, specifically when the Department Manager is not in the office.
- Assist in the implementation and administration of Appraisal Guidelines, policies and procedures for residential and commercial appraisals.
- Maintain contact with various departments to monitor the pipeline of appraisals and resolve problems relative to requests and review of appraisals.
- Maintain and expand list of approved appraisers for commercial and residential properties, as well as for business and FF-E valuations within all regions served by Valley National Bank or its affiliates.
- Bid appraisal jobs to outside appraisal firms and engaging them to perform the assignments for Valley National Bank as well as assuring a reasonable turn around time for completion.
- Oversee appraisal requests to ensure that the skill level outside fee appraisers is sufficient and that the fee quotes are reasonable.
- Review appraisals to insure that the methodology, market data and analyses are reasonable and that the reports conform to USPAP and Valley National Bank standards.
- Direct administrative personnel relating to the processing and tracking of appraisal requests and maintaining appraisal files.
- Travel to properties for appraisal inspections and related fieldwork as needed.
- Assist in the implementation of new technology and software applicable to the appraisal department.
- Prepare performance appraisals for staff members.
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