Commercial Appraisal Review Officer

Overview

This is a full-time career opportunity that can be remote within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA.

Assists in the development and coordination of the corporate appraisal policy and appraisal review program for Fulton Financial Corporation, its subsidiaries and bank affiliates to ensure compliance with regulatory requirements. Guides all levels of management and affiliate bank staff relative to the risk management of complex real estate collateral to ensure protection in the matters of real estate evaluations. Performs an independent review of real estate appraisals of increased complexity for compliance with regulatory requirements and recommends action to achieve compliance for unacceptable appraisal reports.

Assists management by researching and disseminating changes in the laws and regulations governing appraisal requirements throughout Fulton Financial Corporation.

• Performs an independent review of real estate appraisals of increased complexity for compliance with regulatory requirements and recommends action to achieve compliance for unacceptable appraisal reports. Performs a detailed review of appraisals of increased complexity ordered on behalf of Fulton Financial Corporation or another acceptable financial institution. Ensures that residential and commercial appraisals are completed in accordance with regulatory requirements and within bank policy.
  
  Proposes solutions to identified appraisal deficiencies. Works with account officers, relationship managers and senior credit officers on valuation issues and concerns.
• Assists in guiding all levels of management and affiliate bank staff relative to the risk management of complex real estate collateral to ensure protection of the bank's interests in the matters of real estate evaluations. Reviews transaction information to understand the risk profile and determine the appropriate level of due diligence required to meet regulatory and policy standards. Responds to inquiries from affiliate bank staff involving corporate appraisal policy and compliance with laws and regulations.
  
  Reviews the qualifications and sample reports of appraisers seeking to be added to the corporate approved appraiser list and recommends deleting those not meeting policy standards.
• Assists in the development and coordination of the corporate appraisal policy and appraisal review program for Fulton Financial Corporation, its subsidiaries and bank affiliates to ensure compliance with regulatory requirements. Provides guidance to affiliate management for the process of appraisal ordering to comply with laws and regulations governing appraisal requirements. Develops tools for staff such as checklists and reference guides to assist in complying with the appraisal program requirements.
  
  Recommends training needs and participates in training sessions related to the appraisal policy and appraisal review program. Establishes lines of communication with professional appraisal resources to discuss the appraisal review process. Acts as a mentor and provides training for other appraisal department staff.
• Responsible for special projects as assigned by management.

Education

Bachelor's Degree or the equivalent experience. Specialty:
Relevant degree pertaining to the essential duties of this role. (Required)

Experience

5 or more years Appraisal development and review. (Required)

Certifications

State Certified General Real Estate Appraiser certification. (Required)

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.