Senior Appraiser I

800 Philadelphia Street

Indiana, PA 15701

or

205 Granite Run Drive
Lancaster, PA 17601

or

7660 Saltsburg Rd

Pittsburgh, PA 15239

or

4 Brandywine Ave

Downingtown, PA 19335

Hours:

Monday - Friday (8:00 AM - 5:00 PM)

(Additional hours as necessary to meet the objectives of the department

Function:

The Senior Appraiser will assist the Chief Appraiser to support Commercial Banking, Business Banking and Special/Managed Assets processes by ensuring that risk appropriate real estate valuation standards are established and adhered to.  The Senior Appraiser is also responsible for protecting the Bank by ensuring compliance with ethical, legal and regulatory requirements as they relate to real estate collateral valuation in accordance with state and federal regulations and USPAP Standards.

Duties and Responsibilities:

·        Assists in evaluating, monitoring and maintaining high appraisal standards, guidelines, techniques, and methods to ensure compliance with applicable state and federal laws and regulations and conformance with S&T policies and procedures.

·        Assists in establishing and maintaining S&T’s Real Estate Appraisal Policy and Procedures.

·        Assists in the evaluating all new valuation products.

·        In the absence of the Chief Appraiser, manages the appraisal department and staff including workflow and schedules in order to maximize efficiencies and productivity while meeting customer service expectations.

·        Manages the workflow of the YouConnect appraisal management system, along with tracking of vendor services for real estate appraisals that serve as collateral for existing or prospective loans.

·        Performs independent reviews of real estate appraisals/evaluations in accordance with USPAP Standards, federal regulations, and S&T Policy #204.  When necessary, completes internal appraisals and evaluations.

·        Reviews  complex appraisals and internal appraisals/evaluations.

·        Communicates occasionally with Market Executives and Regional Credit Officers to explain valuation conclusions and to address customer issues.

·        Maintains and manages the Approved Appraiser List(s) for use in engaging appraisers for Commercial Banking, Business Banking and Managed Asset Assignments.

·        Occasionally interfaces and supports Bankers of all levels  to address appraisal/evaluation related questions or matters in order to provide a high-level of customer service while mitigating real estate valuation risk.

·        Assists in managing all appraisal related vendor relationships including providers of market data. 

·        Supervises the Staff Appraisers (Levels I-II) in the training, disciplining, scheduling, assigning work and evaluating performance to further their knowledge of appraisal theories and techniques and to maximize the efficiency and productivity of the department.

·        Assists Chief Appraiser in monitoring the regulatory environment and changes to USPAP, Interagency Guidelines, along with FIRREA to be aware of changes needed to bank policies and practices related to the Appraisal Department’s functions.

·        Assists in educating and training Bank employeesand other key constituents on S&T’s Real Estate Appraisal Policy and other appraisal related matters through formal presentations, calls, or meetings.

Education:

Requires a four-year degree or equivalent. Major or area of specialization: Real Estate Appraisal.  Appraisal Institute designation required, MAI or AI-GRS preferred.

Experience:

Requires 5-10 years of general business and specialized real estate appraisal experience.  Certified General Appraiser in PA, OH, NY to support bank’s market strategy.  Additionally, strong knowledge of FIRREA and appraisal regulations.   Strong knowledge of different real estate products and services including knowledge of the applicable policies and legal requirements.  Highly developed organization and follow-up abilities with the capability of multi-tasking effectively and efficiently in high-volume environment.

Physical Demands:

Must be able to occasionally lift and/or move up to 10 lbs.  Requires the use of manual dexterity skills for typing up to 90% of the business day and to perform routine tasks and operate office equipment to remaining portion of the day.  Standing is required 5% of the day and sitting for 80% of the day and walking 15% of the day.  Specific vision requirements include close vision of 18”- 20”, distance vision and depth perception for computer work.  Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Salary Range: