Appraisal Review Officer

PRIMARY PURPOSE OF JOB

Administers the appraisal review function. Primary duties include reviewing appraisal reports and recommending additions and deletions to the approved appraiser database.

EXPECTATIONS OF ALL SOUTHERN BANK TEAM MEMBERS

• Southern Bank team members exhibit Southern Bank’s values, which can be remembered with the acronym FIRSTS. We teach our team members about our “values in action,” which give further examples of how we can live out Southern Bank’s values.
  • We act as a FAMILY – We know we’re not a related family, but we really care about people, both personally and professionally. We like knowing that our skills, our time, and our efforts contribute to the overall success of those we spend time with every day.
  • We move with INNOVATION – We push for better ways to solve problems. We are not afraid of a challenge; we’re driven to develop new ideas and solutions using creativity and experience. We are committed to leading, devising new solutions for all kinds of obstacles.
  • We are ROOTED – We’re from here. These communities are our homes, and we are deeply invested in making our hometowns the best that they can be. We are firmly committed to success in the places where we’ve known people our whole lives.
  • We prioritize SERVICE – We put others above ourselves. We make intentional decisions and take action to benefit others, be it in our daily work with our customers and fellow team members, or in volunteering our time, money, and energy in our communities.
  • We build TRUST – We strive to be reliable and trustworthy, honest and transparent. We are dedicated to doing what’s best for our team members, our customers, and our communities, and they can be confident that we are who we say we are.
  • We are a source of STRENGTH – We have a capacity and resilience that has come through years of experience and growth. We are able to support those who count on us, and those who need us can rely on us.
• Ensures the confidentiality of customer non-public personal information and secures information systems to comply with bank regulations.

ESSENTIAL FUNCTIONS AND PERFORMANCE AREAS

• Review appraisal reports for both new and renewal loan requests;
• Perform or review in house evaluations;
• Train other employees in appraisal analysis;
• Resolve appraisal errors/deficiencies;
• Maintain capitalization rate and market sales database;
• Manage approved appraiser list; and,
• Approve temporary appraiser requests.

KNOWLEDGE, SKILLS AND ABILITIES

• Demonstrated knowledge of all applicable regulatory and statutory requirements;
• Demonstrated expertise in oral and written communication;
• Demonstrated expertise in analysis and decision support; and,
• Ability to prioritize, multi-task and manage deadlines.

EDUCATION, TRAINING AND EXPERIENCE REQUIREMENTS

• Bachelor’s degree in Accounting, Business, or Finance preferred; and,
• Five years’ experience in appraisal review, commercial real estate, and finance preferred. Experience may replace formal education requirement.

CORE COMPETENCIES

Exhibits Southern Bank’s values, as further described through our values in action.

Building Partnerships: Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units, outside vendors and partners, or organizations to help achieve business goals.

Developing Others: Planning and supporting the development of individuals' skills and abilities so that they can fulfill current or future job/role responsibilities more effectively

Initiating Action: Taking prompt action to accomplish objectives; Taking action to achieve goals beyond what is required; being proactive.