Manager of Real Estate Valuation

About the role

Primary Office Location: One F.N.B. Boulevard. Hermitage, Pennsylvania. 16148.

Join our team. Make a difference - for us and for your future.

• Position Title: Manager of Real Estate Valuation
• Business Unit: Risk - Credit
• Reports to: Chief Risk Officer

Position Overview

This position is primarily responsible for designing the operations and staffing of the appraisal process. The incumbent manages the appraisal unit staff in assisting commercial lenders and branch personnel with the valuation or review of valuations of real estate securing commercial and retail loans and ensures the appraisal unit provides timely and high quality service to all internal personnel. The incumbent oversees and manages the ordering and review of environmental reports for certain real estate properties pledged as loan collateral and manages vendors such as appraisers and AMCs.

Primary Responsibilities

• Directs the process for ordering and review of real estate valuations for Builder Finance, Commercial Lending, SBA, Small Business Loan Center, MAD, DLC, Correspondent Lending, and Special Lending.
• Oversees the process for ordering and tracking of environmental assessments in accordance with Bank policy and procedures.

Reviews real estate appraisals on commercial loans up to $5 million for compliance with established Bank policy and state and federal law. Manages the external review of real estate appraisals on complex commercial loans or loans greater than $5 million to ensure accurate and timely response to lenders.

Develops and maintains policies and procedures for real estate valuation. Prepares and delivers timely and accurate appraisal reporting to Senior Management, Internal and External Audit, and Examiners.

• Oversees the department's vendor management process.
• Maintains strong professional relationships with key vendors to support departmental objectives.
• Ensures vendor performance aligns with service-level expectations and industry best practices.

• Prepares and reviews internal real estate valuations on appropriate commercial loans.
• Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

• F.N.B.
• Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.
• Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

10

Skills Required to Perform the Primary Responsibilities of this Position

• Excellent management skills
• Excellent communication skills, both written and verbal
• Excellent customer service skills
• Excellent organizational, analytical and interpersonal skills
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level

Additional information

Experience in lending. Supervisory experience required. In-depth knowledge of banking policies, programs and procedures.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Professional License: Appraisal, Legal, CPA, etc.

Physical Requirements or Work Conditions Beyond Traditional Office Work

N/A