Appraisal Review Specialist

3 days ago


Malvern, Pennsylvania, United States Customers Bank Full time
About the Role

At Customers Bank, we are seeking a highly skilled and experienced Appraisal Review Officer to join our Credit Department. As a key member of our team, you will play a critical role in ensuring the credibility and compliance of third-party reports regarding real property taken as collateral.

Key Responsibilities
  • Review and Analysis: Conduct thorough reviews of submitted Real Estate Appraisal Reports to ensure their credibility, compliance with USPAP, and conformity to bank engagement letters, policy, and Interagency Guidelines.
  • Vendor Management: Mediate and resolve issues between Loan Production Teams and valuation vendors to maintain independence and impartiality in the collateral evaluation process.
  • Support and Collaboration: Provide support to Credit Officers and Analysts regarding aspects of third-party reports, including presentation and conclusions.
  • Logistics and Coordination: Assist the Team Manager and Coordinator in ensuring timely delivery of reports with suitable content.
  • Documentation and Compliance: Work with the Loan Documentation team to guarantee all necessary documents generated by the appraisal team are available for loan closing.
  • Vendor List Maintenance: Contribute to maintaining approved vendor lists to ensure selection of the best firms to provide third-party reports to Customers Bank.
  • Environmental Due Diligence: Review environmental due diligence reports to evaluate and provide advisement to Loan Production Teams regarding possible short and long-term risks.
  • Reporting and Data Management: Generate and populate in-house logging forms, reports, and studies.
Requirements
  • Experience: Must be an experienced Certified General Real Estate Appraiser with a background valuing a wide variety of property types and rights.
  • Knowledge and Skills: Strong understanding of USPAP and FIRREA, superior written and verbal communication skills, ability to analyze complex valuation presentations, and ability to quickly learn new programs and software.
  • Education and Background: Bachelor's degree or higher, prior experience at a financial institution is a plus.
Equal Employment Opportunity

Customers Bank is an equal opportunity employer and welcomes applications from qualified candidates without regard to their race, color, religion, national origin, sex/gender, sexual orientation, gender identity, protected veteran status, or disability.



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