Appraisal Coordinator

FIRST COMMUNITY BANK (SC)

Lexington, SC

JOB DETAILS
LOCATION
Lexington, SC
POSTED
13 days ago

Position Summary

The Appraisal Coordinator will be responsible for ordering and reviewing valuations for consumer and commercial real estate loans and renewals. This may include appraisals ordered and completed by our appraisal management company or directly from an independent appraiser.  The Appraisal Coordinator is also responsible for completing the appraisal review checklist(s) and communicating with all internal stakeholders.

Essential Duties and Responsibilities(Other duties may be assigned.)

  • Knowledge of relevant regulatory considerations and adhering to requirements set by applicable and relevant agencies for a complete appraisal
  • Ordering and monitoring valuations in accordance with bank policy and relevant regulatory obligations
  • Inquiring and monitoring quotes on appraisal orders, compliance fulfillment and delivery of appraisals within established timeframes
  • Monitoring appraisals for utilization of reasonable and best use analysis, comparable sales and adjustments, as applicable or relevant
  • Monitoring appraisals for any potential issues with the model valuation and assumptions of the appraisal
  • Responsible for providing borrower(s) a copy of the appraisal in accordance with regulatory obligations
  • Responsible for the process of appraisal receipts, invoice payments and reconciling related general ledger accounts
  • Maintaining and updating the internal approved appraiser list
  • Maintaining files for approved appraisers to include obtaining updated license and insurance information
  • May be requested to assist in the support of other bank activities 

Qualifications

  • Bachelor’s degree, or at least 3 years of related experience, or an equivalent combination of education and experience.
  • 3-5 Years’ Experience with appraisals, preferred
  • Proven problem-solving, critical thinking, and analytical skills.  Ability to interpret a variety of information furnished in written, oral, diagram, or schedule form.
  • Strong organizational and time management skills.  Ability to prioritize.
  • Ability to analyze processes for efficiency and/or improvements.
  • Ability to compute basic to moderately complex math calculations.
  • Excellent customer service and interpersonal skills
  • Proficiency in using personal computers and office products (e.g., Word, Excel, Powerpoint); Experience with Excel is a must.

About the Company

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FIRST COMMUNITY BANK (SC)

1st Community Bank opened its doors in Alice on February 7, 1983 under the name of First National Bank. In 1990, the Bank purchased La Hacienda Savings and Loan which had two branches, one in San Antonio and one in Corpus Christi. The San Antonio office was closed and the Corpus Christi office remained open under the name of First National Bank. In February 1990, the Bank was re-named 1st Community Bank, N.A. In 1995 a branch in Benavides, Texas was opened. Our Mortgage Division opened in 1996 and then yet another branch, which is located on Water Street in Downtown Corpus Christi, was added in 1998. 1st Community opened its 5th location in Kingsville in June 2000. In April of 2004, the decision was made to close the bank in Benavides and in June of 2004 a new bank was opened in Portland. The Alameda branch, the 7th location, was opened March 2007. The Island branch, the 8th location, was opened February 2008. In March 2014 the bank expanded into the Victoria, TX market. The Bank has seen continuous growth over the years, starting out at $32 million in assets in 1993 up to current $346 million today. The driving force behind 1st Community Bank’s success is the pride it takes in its employees. In November 1999 the Bank adopted an Employee Stock Ownership Plan, which means that the employees are actually buying stock in the Bank. With 78% eligible employee participation in the ESOP, customers can bank on the fact that the employees, who are now owners, will go that extra mile and that our customer’s needs are our 1st concern. Employee ownership is the driving force behind exceptional customer service and loyalty. We believe employee owned and operated is what sets us apart from the rest and gives a cutting edge in the banking industry. In June 2002, we converted from a National Bank to a State Charter. We have found that the Texas Department of Banking is uniquely designed to support our type of bank and our customers. Our motto is and will remain to be... We Make Banking Easy!

COMPANY SIZE
1 to 9 employees
INDUSTRY
Banking
FOUNDED
1983
WEBSITE
http://www.fcbot.com/