Collateral Appraiser conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Collateral Appraiser performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Collateral Appraiser uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Collateral Appraiser occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Collateral Appraiser typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
As a Collateral Specialist, your day will be filled with opportunities to process and set up collateral records, ticklers and clearing of loan exception as well as perfecting the banks collateral position. Banking experience in loan processing is important to function successfully in this position while Stock Yards Bank will provide a professional environment to continually improve the candidate’s skills to further his/her career goals for advancement within the banking profession.
Responsibilities
Daily responsibilities include, but are not limited to, the following:
Job Requirements
The successful candidate will have the following qualifications:
Benefits
Physical Requirements
The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position requires sitting the majority of the time with limited walking and standing. Some lifting of boxes that will need to be shipped off for retention is required. All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.