About this role
Role Overview
- Directs the oversight of the Bank’s appraisal and evaluation process ensuring credibility, adequacy, accuracy and ethical consideration of all valuations.
- Ensures superior customer service commitments are met while ensuring compliance with USPAP, FIRREA and Interagency Guidelines.
- Maintains a master list of approved appraisers and reviews qualifications and demonstrations of work for new third-party vendors.
- Monitors performance of all fee appraisers including Appraisal Management Companies (AMCs) and approves inclusion/exclusion of external fee appraisers and AMCs.
- Negotiates pricing for all outsourced appraisal services.
- Assists the Bank in identifying market trends and establishing the Scope of Work for appraisal assignments.
- Oversees the Bank’s Environmental Assessment Policy and Procedures, familiarizing with American Society for Testing & Material (ASTM) Standards for Environmental Risk Assessments.
- Responsible for departmental budgets and expenses, staffing, training, reviewing and counseling appraisal staff as necessary.
- Writes and maintains appraisal policy, procedures, and business practices providing interpretation and clarification.
Requirements
- Bachelors degree in Business Administration or Economics and/or equivalent experience preferred
- MAI designation is required
- General Real Estate Appraisal Certification is required within footprint of NBT Bank, NA with eligibility of reciprocal agreements within other states as required
- Minimum 7 years of commercial appraisal experience with 2+ years of supervisory experience
- Strong knowledge of Federal and State Banking Regulations related to real estate lending
- Experience with YouConnect appraisal platform would be desirable.
Benefits
- Generous Paid Time Off : At least 22 days annually, prorated in the year of hire.
- Parental Leave : Six weeks of paid leave at 100% of your salary.
- Comprehensive Medical Coverage : Includes employer contributions to HSA for High Deductible Health Plan participants.
- Dental and Vision Coverage : Ensuring your overall health and well-being.
- Flexible Spending Accounts : For healthcare and dependent care expenses.
- Employer-Paid Disability Coverage : Both short-term and long-term, with an option to purchase additional long-term coverage.
- Life Insurance : Employer-paid basic life insurance, with an option to purchase supplemental coverage.
- Voluntary Benefits : Including hospital, accident, and critical illness coverage.
- Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
- Adoption Assistance : Supporting your growing family.
- Tuition Reimbursement : Invest in your education and career growth.
- Employee Assistance Program (EAP) : Access to support and resources.
- Pet Insurance : For all your furry friends.
- Financial and Banking Services : Various banking services benefits and financial planning assistance.