Truist Real Estate Valuation Specialist III - Fully Remote in Alexandria, Virginia
Req ID: R0044791
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Regular or Temporary:
Language Fluency: English (Required)
1st shift (United States of America)
Please review the following job description:
This position can be remotely located
Under general supervision, conduct appraisal reviews and/or perform independent real estate evaluation reports as well as assist the Bank's lending and administrative personnel in the implementation of appraisal policy and procedure. When needed, mentor and train Real Estate Valuation Specialist I and II as well as perform work flow management and peer reviews.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Perform valuation services including real estate appraisal reviews and/or real estate evaluation reports
Ensure that valuations are completed in accordance with regulatory requirements, Bank policy, procedures and Uniform Standards of Professional Appraisal Practice requirements
Fully document evaluations and/or appraisal reviews in standard Bank format in describing the real estate collateral, condition, current and projected use. Describe the source(s) of information used in the analysis, the analysis and supporting information, and provide an estimate of the real estate’s market value, with any limiting conditions
When applicable, coordinate with vendors for any necessary corrections on valuations prepared for the Bank
When applicable, conduct on-site visits to inspect and perform in-depth analysis on more complex projects
Develop and maintain professional contacts to keep current on market trends
Meet or exceed all key performance indicators including quality, turn time and production to ensure departmental and Bank success
Act as liaison between the vendor, lending staff, management and others to ensure that independence is maintained in accordance with regulatory requirements
Assist with the management of the Approved Vendor Panel which may include vendor coaching or other valuation services
May be asked to participate in special projects as needed
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in a business or real estate-related field or equivalent education and related training
Minimum six years of experience in real estate valuations with a focus on the most complex commercial and/or residential properties with at least three years of experience in actual report preparation
Holds an active State Certified-General Real Estate Appraiser license in a state within the Bank’s footprint and must be current on continuing education and licensing requirements
Excellent verbal and written communication skills
Ability to meet critical deadlines
Excellent analytical skills
Ability to accurately interpret complex state and federal regulatory requirements applicable to the appraisal industry
Demonstrated proficiency in basic computer applications such as Microsoft Office software products
Member, Appraisal Institute (MAI) or Senior Residential Appraisal (SRA) designation with the Appraisal Institute or equivalent
Master’s degree in a business or real estate-related field
Advanced computer education and training
Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.
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