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Real Estate Appraiser - Remote

Company: First Horizon National Corporation
Location: Chapel Hill
Posted on: October 8, 2020

Job Description:



The commercial Real Estate Appraisal Analyst is responsible for performing reviews of commercial real estate appraisals and generating collateral real estate evaluations (CREEs) for the purpose of determining the market value of real estate used as collateral for commercial loans. The incumbent will monitor current real estate collateral through site visits and remain current on real estate valuation trends including market, economic and geographical factors which affect values. Responsibilities will also include managing the bank s approved commercial appraisers list to ensure quality service and integrity in valuations received.


* Prepares RFPs and solicits bids for appraisals, ensuring quality, timing and cost factors are met

* Selects pool of appraisers and assigns jobs to selected appraisers

* Performs detailed technical and compliance reviews on commercial real estate appraisals and evaluations ordered by internal Real Estate Appraisal Review Department or from other financial institutions

* Ensures that valuations are reasonably supported, credible and compliant with federal and state regulations, bank policies and guidelines, and industry standards

* Engages in regular communication and serves as advisor to bankers and credit team on appraisal issues in all markets

* Coordinates with appraisers for any necessary report corrections and/or revisions

* Evaluates appraisers on job assignments and provides input on eligibility for continued inclusion in the approved appraiser list

* Keeps detailed schedules of appraisal reports received and reviewed

* All other duties as assigned


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. 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.


Must have a State Certified Residential Appraisal license. * Bachelor's degree (B. A.) from four-year college or university, preferably in a business or real estate related field and a minimum of five years related experience and/or training in real estate appraisal review or banking, with focus on commercial real estate lending preferred; or an equivalent combination of education and experience.

* Must be able to meet critical deadlines and manage several projects simultaneously.

* Strong written and verbal communication skills including: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Must have the ability to write reports, business correspondence, and procedure manuals and to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

* High Skills: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry and to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

* Very High Skills: Ability to define problems, collect data, establish facts, and draw valid conclusions, to interpret an extensive variety of technical instructions in mathematical or diagram form, and deal with several abstract and concrete variables.

Strong computer skills including Microsoft Office products
Experience with Exactbid RIMs appraisal system

Current license/certification as State Certified General Real Estate Appraiser preferred.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor s legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: First Horizon National Corporation, Chapel Hill , Real Estate Appraiser - Remote, Other , Chapel Hill, North Carolina

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