This position is responsible for appraising and evaluating real estate to ascertain values for purposes’ such as loan approvals, disposition of assets, disposition of estates and re-evaluation collateral values during term of loans. In addition, this position is responsible for physically inspecting all Bank construction projects and ascertaining a percentage of completion for each project.
Complete various types of real estate appraisals as needed for all areas of the Bank.
Responsible for ordering commercial appraisals and evaluations from third-party vendors in support of the Bank’s real estate lending operations.
Responsible for answering procedural and technical questions from internal bank employees and fee appraisers in an informative and professional manner.
Responsible for ensuring that real estate valuations are reasonably supported, credible and compliant with federal and state regulations; bank policies and guidelines; and industry standards.
Ensure commercial valuations services are conducted in a regulatory compliant, cost effective, and timely manner.
Responsible for maintaining the Approved Appraisers List which includes requesting and reviewing sample appraisals and contacting references, along with presenting the List annually for approval by the Board of Directors.
Assist with maintaining and approving appraisers for Bank fee panel which includes reviewing sample appraisals and contacting references.
Responsible for providing input to the lending staff in writing outside of the review process on a wide range of real estate issues, including easements, zoning, obsolescence, market information, and general asset quality.
Provide lenders with estimate of real estate value based on considering factors such as current market values, industrial and economic trends.
Responsible for attending professional continuing education courses as needed to maintain license and professional designation, if applicable, in good standing.
Physically inspect real estate and obtain photos as needed.
Conduct monthly inspections of all construction projects and determine a percentage of completion for each project.
Assist management with Bank owned properties.
Assist with other duties that may arise from time to time.
Perform other duties and responsibilities as assigned.
Knowledge of appraisal guidelines and regulations, specifically USPAP, FIREEA, Interagency Guidelines, and FNMA selling guidance.
Knowledge of construction and home building.
Knowledge of word processing and spreadsheet skills.
Knowledge of the terms and vocabulary associated with construction and banking.
Strong interpersonal skills to communicate to communicate effectively and maintain positive relationships with internal associates and external vendors in a variety of situations.
Great attention to detail and critical thinking skills.
Able to complete several tasks at the same time.
Problem solving abilities work well with others.
Work well with several different personality types, organize, prioritize, coordinate and cooperate.
About PB&T Bank
PB&T Bank has been fulfilling financial needs and exceeding our customers' expectations since 1889. We are a full service bank, providing products and services for individuals and small businesses, specializing in commercial and construction lending. Over the years, PB&T Bank has endured and become a stronger, more secure bank, while remaining independently owned and operated, allowing for a more personal banking experience. Our customers have come to know they can trust and count on PB&T Bank for excellent customer service and equally excellent products.
We stand by our Signature Banking culture which is the highest level of customer service each customer receives from an employee of PB&T Bank. Building relationships with internal and external customers based on confidence and trust that PB&T Bank is conducting banking business by taking ownership of customer needs and providing follow up after resolution. We put customers at ease knowing we have completed transactions to the best of our ability. PB&T Bank employees take pride and responsibility by placing their signature on all accomplished work.