Stellar Bank
Appraisal Specialist I - Northshore
Stellar Bank, Houston, Texas, United States, 77246
Research shows that individuals from historically underrepresented groups may hesitate to apply for roles unless they meet every listed requirement. If you believe your skills, knowledge, and experience align with the role, even if they don't exactly match the listed qualifications, we encourage you to apply. Your unique talents may be exactly what we're looking for.
The Appraisal Specialist I will assist in monitoring all aspects of the Bank's real estate appraisal and evaluation management program. Candidate will also take an active part as needed in the Bank's Construction Inspection program.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Assist Appraisal Manager and Department in maintaining appraisal/appraiser independence.Assist with and coordinate as required in: reviewing and maintaining appraisal logs, receiving lender request, identifying & determining appropriate type report/value/review to be ordered.Regulatory knowledge - must be able to understand, interpret, and apply federal regulations and internal credit policies related to reviewing of appraisals and evaluations.Review appraisal reports for sufficient data and discussion of the analytical process to understand the conclusion of the report.Review income analysis for appropriate deductions and discounts, verify mathematical calculations for correctness.Look for obvious inconsistencies and errors throughout the appraisal report.Ensure all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures as applicable to this position, including completion of required compliance training.Communicate with appraisers and various areas of the bank.Review and prepare engagement and engage an approved appraiser per CBOT policy, appraiser communication, lender confirmation, prepare review form upon appraisal delivery, coordinate revisions as may be required, distribute appraisal, review, invoice etc. as required per AD procedures.Maintain a thorough understanding of the AD procedures.Adherence to the Bank's BSA/AML policy and procedures, and professional ethical standards.Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
This position is not responsible for the supervision of staff.
MINIMUM REQUIREMENTSBachelor's degree (BA) from an accredited college or university or equivalent experience.Minimum of 3 years real property valuation experience.Intermediate knowledge of commercial, construction, real estate loan processing.Basic knowledge of USPAP GuidelinesStellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
Health Care Coverage, no waiting periodDental/VisionSTD/LTDAnnual Performance Bonus Eligible401K with company matchPaid VacationVolunteer daysTravel StipendTuition AssistanceAnd MoreWhat it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.
Other details
Job Family CreditPay Type Hourly
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The Appraisal Specialist I will assist in monitoring all aspects of the Bank's real estate appraisal and evaluation management program. Candidate will also take an active part as needed in the Bank's Construction Inspection program.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Assist Appraisal Manager and Department in maintaining appraisal/appraiser independence.Assist with and coordinate as required in: reviewing and maintaining appraisal logs, receiving lender request, identifying & determining appropriate type report/value/review to be ordered.Regulatory knowledge - must be able to understand, interpret, and apply federal regulations and internal credit policies related to reviewing of appraisals and evaluations.Review appraisal reports for sufficient data and discussion of the analytical process to understand the conclusion of the report.Review income analysis for appropriate deductions and discounts, verify mathematical calculations for correctness.Look for obvious inconsistencies and errors throughout the appraisal report.Ensure all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures as applicable to this position, including completion of required compliance training.Communicate with appraisers and various areas of the bank.Review and prepare engagement and engage an approved appraiser per CBOT policy, appraiser communication, lender confirmation, prepare review form upon appraisal delivery, coordinate revisions as may be required, distribute appraisal, review, invoice etc. as required per AD procedures.Maintain a thorough understanding of the AD procedures.Adherence to the Bank's BSA/AML policy and procedures, and professional ethical standards.Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
This position is not responsible for the supervision of staff.
MINIMUM REQUIREMENTSBachelor's degree (BA) from an accredited college or university or equivalent experience.Minimum of 3 years real property valuation experience.Intermediate knowledge of commercial, construction, real estate loan processing.Basic knowledge of USPAP GuidelinesStellar Benefits:
We believe that empowering people goes far beyond the workplace. That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities
Health Care Coverage, no waiting periodDental/VisionSTD/LTDAnnual Performance Bonus Eligible401K with company matchPaid VacationVolunteer daysTravel StipendTuition AssistanceAnd MoreWhat it Means to Be Stellar:
Stellar Bank came to be in 2023, when Allegiance Bank and CommunityBank of Texas joined forces. What emerged was a financial institution like no other. Stellar bankers set the standard for responsive, relationship-based community banking. We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks. Our customers see us as a vital part of the team. We are their financial experts who go above and beyond to help them form a plan and get it done
Join Stellar Bank and, yes, you'll be providing outstanding banking. But you'll be achieving something much greater. At Stellar, we empower people to thrive. This is our purpose. This would be your purpose. Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish. You can make a difference at Stellar - for yourself and for everyone around you.
Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.
Other details
Job Family CreditPay Type Hourly
Apply Now