Truist Inc
Real Estate Valuation Specialist
Under limited supervision, conduct appraisal reviews and/or perform independent real estate evaluation reports as well as assist the Bank's lending and administrative personnel in the implementation of appraisal policy and procedure. Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Perform valuation services including real estate appraisal reviews and/or real estate evaluation reports Ensure that valuations are completed in accordance with regulatory requirements, Bank policy, procedures and Uniform Standards of Professional Appraisal Practice requirements Fully document evaluations and/or appraisal reviews in standard Bank format in describing the real estate collateral, condition, current and projected use. Describe the source(s) of information used in the analysis, the analysis and supporting information, and provide an estimate of the real estate's market value, with any limiting conditions When applicable, coordinate with vendors for any necessary corrections on valuations prepared for the Bank When applicable, conduct on-site visits to inspect and perform in-depth analysis on more complex projects Develop and maintain professional contacts to keep current on market trends Meet or exceed all key performance indicators including quality, turn time and production to ensure departmental and Bank success Act as liaison between the vendor, lending staff, management and others to ensure that independence is maintained in accordance with regulatory requirements Assist with the management of the Approved Vendor Panel which may include vendor coaching or other valuation services Mentor and train Real Estate Valuation Specialists I-III as needed May be asked to participate in special projects as needed May be asked to perform the workflow management and peer review responsibilities of the Commercial RE Valuations Manager Qualifications Required Qualifications: Member, Appraisal Institute (MAI) or Senior Residential Appraisal (SRA) designation with the Appraisal Institute or equivalent advanced course work, education and/or experience Bachelor's degree in a business or real estate-related field or equivalent education and related training Minimum eight years of experience in real estate valuations with a focus on the most complex commercial and/or residential properties with at least eight years of experience in actual report preparation Holds an active State Certified-General Real Estate Appraiser license in a state within the Bank's footprint and must be current on continuing education and licensing requirements Excellent verbal and written communication skills Ability to meet critical deadlines Excellent analytical skills Ability to accurately interpret complex state and federal regulatory requirements applicable to the appraisal industry Demonstrated proficiency in basic computer applications such as Microsoft Office software products Ability to travel, occasionally overnight Preferred Qualifications: Master's degree in a business or real estate-related field Advanced computer education and training General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Under limited supervision, conduct appraisal reviews and/or perform independent real estate evaluation reports as well as assist the Bank's lending and administrative personnel in the implementation of appraisal policy and procedure. Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Perform valuation services including real estate appraisal reviews and/or real estate evaluation reports Ensure that valuations are completed in accordance with regulatory requirements, Bank policy, procedures and Uniform Standards of Professional Appraisal Practice requirements Fully document evaluations and/or appraisal reviews in standard Bank format in describing the real estate collateral, condition, current and projected use. Describe the source(s) of information used in the analysis, the analysis and supporting information, and provide an estimate of the real estate's market value, with any limiting conditions When applicable, coordinate with vendors for any necessary corrections on valuations prepared for the Bank When applicable, conduct on-site visits to inspect and perform in-depth analysis on more complex projects Develop and maintain professional contacts to keep current on market trends Meet or exceed all key performance indicators including quality, turn time and production to ensure departmental and Bank success Act as liaison between the vendor, lending staff, management and others to ensure that independence is maintained in accordance with regulatory requirements Assist with the management of the Approved Vendor Panel which may include vendor coaching or other valuation services Mentor and train Real Estate Valuation Specialists I-III as needed May be asked to participate in special projects as needed May be asked to perform the workflow management and peer review responsibilities of the Commercial RE Valuations Manager Qualifications Required Qualifications: Member, Appraisal Institute (MAI) or Senior Residential Appraisal (SRA) designation with the Appraisal Institute or equivalent advanced course work, education and/or experience Bachelor's degree in a business or real estate-related field or equivalent education and related training Minimum eight years of experience in real estate valuations with a focus on the most complex commercial and/or residential properties with at least eight years of experience in actual report preparation Holds an active State Certified-General Real Estate Appraiser license in a state within the Bank's footprint and must be current on continuing education and licensing requirements Excellent verbal and written communication skills Ability to meet critical deadlines Excellent analytical skills Ability to accurately interpret complex state and federal regulatory requirements applicable to the appraisal industry Demonstrated proficiency in basic computer applications such as Microsoft Office software products Ability to travel, occasionally overnight Preferred Qualifications: Master's degree in a business or real estate-related field Advanced computer education and training General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.