Staff Appraiser

General Function

Responsible for completing administrative technical reviews of residential appraisals for consumer lines of business to ensure reports are compliant with regulatory guidelines.

Essential Duties And Responsibilities

• Manage Exclusionary List Exclusionary List meetings.
• Ensure reviews meet regulatory and USPAP requirements.
• Cook up training personnel to adequately perform job function.
• Provide training to full-time review appraisers.
• Remain current on applicable regulations and convey changes to staff.
• Partner with RERG Vendor Management to participate in AMC meetings by providing subject matter expertise.
• Continue education by attending job related and timely courses/seminars, reading pertinent industry publications, and networking with peers and experts in the real estate profession.
• Provide subject matter expertise for quality, regulatory, and investor issues as deemed appropriate by management.
• Circulate and/or distribute communications from the Chief Appraiser as needed.
• Maintain membership in professional organizations in order to remain current on trends in the industry and remain current on USPAP, FIRREA and regulatory issues.
• Provide ongoing collateral valuation review support for lending activities relating to Consumer Lending Activities.
• Maintain working knowledge of internal systems including Empower, ACAPS, and CMS.
• Communicate with AMC as needed for outstanding revisions to ensure prompt return of revised report.
• Aid in the development of policy and procedures for the Real Estate Lending Appraisal Group.
• Escalate quality concerns to be tracked in Appraisal Management Company Issue Log and as needed.
• Review and decision requests for Upgrades and Reconsiderations of Value prior to submission to vendors as needed.
• Reconcile original appraisals with Field Reviews that provide alternate conclusions.
• Maintain productive working relationships with team members and counterparts within Fifth Third.

Minimum Knowledge, Skills And Abilities Required

• State Certified residential real estate appraiser license required.
• Minimum 5-7 years consumer residential real estate experience required.
• Strong attention to detail and quality-focused.
• Strong verbal and written communication skills.
• Demonstrated ability to problem-solve difficult appraisals.
• Ability to create close working relationships across the bank and with third party vendors.
• Computer literate with proficiency in Microsoft Outlook, Word, and Excel (or similar database reporting programs).
• Ability to work independently and meet deadlines.
• Analytical and communication skills required.
• Preferred: bachelor’s degree or other advanced degrees/designations – additional years of appraisal experience could offset lack of such degree.
• Strong verbal and written communication skills.
• Ability to work independently and meet deadlines.

Compliance

Comply with the Corporate code of conduct.

Supervisory Responsibilities

None.