Appraisal Analyst

Job Summary:
Performs complex residential and commercial property evaluations, appraisals, and appraisal reviews to determine the fair market value and provide required reports for extension of credit. Appraisals are conducted through direct inspections, in some cases, of all types of property according to appraisal theory and guidelines. Reviews reports of appraisal analysts and fee appraisers for accuracy and compliance with governmental regulations.

Job Duties and Responsibilities:

• Assembles pertinent data such as costs, sales in area, and other relative information pertaining to the subject property. Analyzes data and determines the proper appraisal method. Exercises sound judgment in the formation and conclusions for the market value.
• Conducts complex evaluations of property through direct inspections, in some cases. Details and documents the information of the subject property derived from the field inspection evaluations.
• Completes evaluations conforming to FDIC compliant uniform standards and which meet appraisal requirements of the state the property is located in. Performs all work in accordance with Pinnacle policies and procedures.
• Ensures the process and conformance inspections of construction loans are make in order to ensure that completed improvements are in accordance with original appraisal assumptions.
• Reviews appraisal reports received from fee appraisers for accuracy and compliance with governmental regulations.
• Maintains evaluation files, ensuring completeness and conformance to departmental specifications.
• Responds to staff and management's inquires regarding appraised values.
• Keeps abreast of real estate values and property developments to ensure conformance of valuations with current market prices.
• Maintains license and expertise in real estate appraisal by reading trade journals, attending conferences and fulfilling the educational requirements of a certified appraiser.
• May orient, train, assign, and review the work of lower level appraisal analysts.
• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Firm authority in a timely fashion.
• Performs other related duties as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

Pinnacle is an Equal Opportunity Employer committed to fostering an inclusive work environment.

Minimum Education: Bachelor's Degree in Business Administration or related discipline, or an equivalent combination of education and experience.

Minimum Experience: 5 years job specific experienceCurrent real estate appraisal certification is required by applicable government entities or an equivalent combination of license/education/training and experience that provides the skills, knowledge and experience to successfully perform the essential duties of the job

Required Knowledge, Skills & Abilities: