Appraisal Reviewer

At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for an Appraisal Reviewer to join our team! This is a fully REMOTE position.

Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all.

Benefits

Stearns Bank understands and respects that everyone is managing unique career, family, and wellness needs. That’s why we offer industry-leading benefits to employees to help them live healthy lives and bring their full selves to work every day. Benefits may vary for part-time positions. Some of those benefits include:

• Employee Stock Ownership Plan & 401k Plan with Employer Match
• Healthcare (Medical, Dental, Vision, Telehealth, Life insurance)
• 12-week Paid Medical Leave
• Paid Parental Leave: 21-weeks Primary Care Parent, 14-weeks Secondary Care Parent
• $5,000 Family Care Reimbursement
  1. Childcare, Elder Care, Student Loan Debt, Pet expenses, down payment assistance
• $1,000 Self Improvement Allowance
• PTO from 13 to 23 days depending on tenure. Cashout and Carryover options.
• 10 Days Sick Time
• 11 Paid Holidays
• 4 Days Volunteer Time
• 2 Days Self Allowance Time
• Tuition Assistance

For this position, we anticipate an annual salary range between $100,000 - $125,000. Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience.

JOB SUMMARY

Perform real estate evaluations when required by law or internal policy. In addition, this individual will be required to review all types of real estate appraisals to ensure compliance with regulatory (FIRREA) and USPAP guidelines and Stearns Bank internal appraisal and evaluation policy and procedures.

This position is critical to the bank in maintaining independence of real estate appraisal and evaluation process. A key element is the independent selection of qualified individuals to appraise and evaluate real estate; and a qualified individual who is not involved in loan production to review the reports.

RESPONSIBILITIES

• Contact and select appraiser for appraisal engagement as it relates to time frame and fee.
• Engage appraiser using the standard Stearns Bank engagement letter.
• Review appraisal reports completed by independent appraisers. Make recommendations regarding the validity of these reports. Challenge appraisal assumptions when appropriate.
• Complete appraisal review for the Banks credit file.
• Conduct commercial and residential internal evaluations.
• Monitor appraisal process from engagement to review completion.
• Consult and assist lending personnel regarding …