Mid America Bank is seeking a Real Estate Evaluation Analyst. The hours for this position will be flexible. The location is Jefferson City but there could be some flexibility there as well.
Mid America Bank is proud to be a locally owned and operated community bank in Central Missouri. While experiencing tremendous growth year after year, the bank prides itself on still remaining responsive enough to serve its customers and being an integral part of our community's and their needs. We also strive to make MAB a great place to work. We offer a work-life balance for all our associates, a focus on learning and development and career advancement opportunities.
Job Summary:
The Real Estate Evaluation Analyst is primarily responsible for determining the market value of loan collateral, particularly real estate, and reviewing internally prepared written appraisals and evaluations.
Essential Functions:
Prepares evaluations of residential real estate given available data, including comparable sales, costs and other market data to best determine a market value. Act as a daily resource for Residential Real Estate Specialists including reviewing and approving completed evaluations, reviewing and approving commercial appraisals. Communicates with realtors and various other real estate professionals to gather information necessary to complete an evaluation of appraisal, which includes but is not limited to assessments, zoning regulations, soil and water maps, as well as data regarding values of neighboring properties. Receives requests for appraisals from lending officers and issues a letter of engagement for external appraisals, when necessary. Responds to inquiries about appraisals, either from within the organization, realtors or clients. Maintain and monitor internal loan reports. Comply with bank lending and security procedures. Other duties as assigned by supervisor QUALIFICATIONS AND EDUCATION REQUIREMENTS Prefer Associate or Bachelor's degree in business administration, finance, accounting, or related field 2+ years of appraisal review and/or underwriting experience Knowledge of real property terms, types of ownership in real estate, deeds, mortgages, etc. Knowledge of lending operations and/or appraisal department policies and procedures Years of experience maybe substituted for education requirements or related work experience This job requires skills needed in a typical office environment. This included computer skills, communication skills, as well as utilization of office equipment with an emphasis on spreadsheets (Excel)
