Fulton Financial

Commercial Appraisal Manager

Fulton Financial$101K — $169K *
US-Anywhere
+ 5 other locationsRemote
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a relevant field or equivalent experience (Required)
  • 10+ years of experience in appraisal (Required)
  • 5+ years of banking experience (Preferred)
  • 3+ years of management experience in a banking environment (Preferred)
  • State Certified General Appraiser certification in PA, MD, NJ, VA, DE, DC (Required)

Responsibilities

  • Perform independent reviews of appraisal reports for compliance and reasonableness.
  • Act as a resource for bank staff, assisting with inquiries regarding appraisal policies and compliance.
  • Identify and assess risks, escalating issues to the Chief Appraiser as needed.
  • Analyze existing appraisals to ensure they reflect current market value and advise on necessary actions.
  • Carry out special projects as assigned, including market data analysis and quarterly reporting.

Benefits

  • Comprehensive medical plans including prescription drug coverage.
  • Flexible spending or health savings accounts depending on chosen medical plan.
  • Dental and vision insurance policies.
  • 401(k) program with employer match and Employee Stock Purchase Plan.
  • Generous paid time off, holiday pay, and volunteer time.
  • Disability coverage, maternity and parental leave, and adoption assistance.
  • Educational assistance and wellness programs with financial incentives.
Full Job Description
Overview

This is a full-time career opportunity that can be remote.

 

Provides support to the Appraisal Group management as part of the corporate commercial appraisal and review program through performing independent internal reviews of appraisal reports, acting as a resource to staff and assisting in assigned managerial duties to ensure the efficient and effective operations of the department, and assessing the validity of existing appraisals and evaluations.

Responsibilities
  • Performs independent internal reviews of appraisal reports. Reviews appraisal reports to ensure compliance with industry standards, regulatory requirements and bank standards, reasonableness and credibility of appraisals. Prepares timely internal review reports with an emphasis on technical reviews opining to value conclusions. Works with engaged appraisers to discuss questions and resolve potential problems in order to achieve compliant and valid market value results. Works with account officers, relationship managers and department management to find solutions to unacceptable appraisals which may include, rejections, ordering new appraisals, issuing value opinions via supported modifications or preparing internal Restricted Use appraisals.
  • Acts as a resource to bank staff and assists in managerial duties as assigned by the Chief Appraiser. Responds to inquires from bank staff involving corporate appraisal policy and compliance with laws and regulations. Identifies and assesses risk and escalates issues to the Chief Appraiser to ensure proper resolution. Makes recommendations to Chief Appraiser regarding possible additions to and necessary disciplinary actions regarding existing appraisers on the corporate approved appraiser list resulting from the appraisal review process. Provides relevant market data to the Chief Appraiser for input into the department databases. Assists in assigned managerial duties to ensure the efficient and effective operations of the department. Guides and advises department staff in the more complex phases of their work. Makes recommendations and conducts sessions pertaining to employment, performance ratings, salary changes, promotions, training, transfers, and terminations for assigned department staff.
  • Assesses the validity of existing appraisals and evaluations. Analyzes existing appraisals and evaluations to determine if they continue to reflect the market value of the property and may be used in a subsequent transaction. Prepares the appropriate validation documentation and create a department file containing the data and analysis considered which may include market data compiled and maintained in the department’s databases, or advise that a new appraisal or evaluation is required if the original reported market value is no longer valid.
  • Responsible for special projects as assigned by management including but not limited to general market data analysis and quarterly reports.

 

Qualifications Education

Bachelor's Degree or the equivalent experience. Specialty: Relevant degree pertaining to the essential duties of this role. (Required)

Experience

10 or more years Appraisal. (Required)

5 or more years Banking. (Preferred)

3 or more years management experience, preferably in a banking environment. (Preferred)

Certifications

State Certified General Appraiser certification in any of the following states: PA, MD, NJ, VA, DE, DC (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $101,900.00 - $169,800.00 annually.

Additional Compensation Components

 

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

About Fulton Financial

Fulton Financial Corporation is a U.S. regional financial services holding company, headquartered in Lancaster, Pennsylvania. Fulton Financial Corp. has over $26 billion in assets, operates more than 200 banking offices and 300 ATMs throughout Pennsylvania, Maryland, Delaware, New Jersey and Virginia through the following subsidiary banks: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. Fulton Financial Corporation specializes in community banking services, specialty banking services, and investment management services. The company was founded in 1882 and has been publicly traded since 1983.
Learn more about Fulton Financial
Size
3,200 employees
Market Cap
$2.8 billion
Industry
Net Income
$178 million
Founded
1882
5 Year Trend
+3.7%
NASDAQ

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