Review and approve submitted appraisal reports by ensuring that appropriate methods and techniques are utilized, compliance with USPAP, appropriate comparables and adjustments are utilized and mathematical accuracy.
Develop an opinion as to whether the opinions and conclusion in the appraisal are credible.
Conduct simple to complex appraisals, evaluations and appraisal reviews in an effort to establish market values and guide investments
Performs onsite inspections to determine condition of property.
Monitors trends of surrounding properties.
Prepare detailed reports including descriptions of properties, relevant market conditions and estimates of property value.
Ensure reports comply with bank policy and applicable regulations
Review valuation and environmental due diligence reports to provide advisement to RMs etc. regarding short and long-term risks that need to be addressed.
To ensure impartiality in the collateral evaluation process, manage an approved vendor list to ensure the best firms are selected to provide third-party reports (when necessary) to the Bank.
Promote best practice/educational awareness/a team-based approach by effectively executing:
Stay current and maintain awareness of industry trends and best practices to help guide department processes
Act as resident expert in regulatory requirements and bank policies which drive valuation/appraisal/lending efforts (USPAP, FIRREA, etc.)
Effectively work with department coordinators through a work queue assigned in RIMS
Work closely with team manager, coordinator, RMs etc. to guarantee that the appropriate reports with suitable content are being delivered.
Provide support by assisting others with their understanding of content and conclusion within appraisals/valuation/environmental reports
Policy and federal regulations effecting appraisal review processes/tasks
Strong analytical, comprehension, and problem solving skills.
Strong oral and written communication skills
Strong organizational skills
Maintain confidentiality of customer information
Take moderate care to prevent loss to the organization
Perform duties under frequent time pressures
Solve problems independently while applying logic and discretion
EDUCATION and TRAINING
Requires a Bachelor's degree.
Requires a Certified General Appraiser license in IL and/or MO - in good standing
Requires 5+ of experience as a Certified General Appraiser
Practiced in valuing a wide variety of property types - both commercial and residential preferred.
Prior experience at a financial institution preferred.
Requires stong understanding of Uniform Standards of Professional Appraisal Practice (USPAP) and the Federal Interagency Appraisal Guidelines (FIRREA).
Routine continuing education requirements
Requires knowledge of Microsoft Office.
EOE of Minorities/Females/Vets/Disability
Internal Number: REVIE02411
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.