Lowell Five: Appraisal Specialist

Appraisal Specialist

Full Time

Tewksbury, MA

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POSITION SUMMARY

The Appraisal Specialist orders all appraisal engagements and residential appraisal reviews in support of our consumer, mortgage, and commercial lending efforts. Additionally, this role provides timely and accurate support to the Credit Department.

ABOUT LOWELL FIVE

With nearly $1.7 billion in assets, over 200 employees, and L5 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five is honored to play a vital role in the economic vitality of the region. We provide support of, and our employees are engaged in, a myriad of leadership roles for numerous community boards and organizations. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employee’s best life. For more information, please visit www.lowellfive.com.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Processes all appraisal engagements from Mortgage and Commercial Lending Departments; scans all appraisal information into electronic archives
• Performs Residential Appraisal Reviews; assigns and follows up on Appraisal Report reviews performed by Bank employees or 3rd party review appraisers
• Maintains all files for the Bank’s Approved Appraisers and Attorneys Lists, including but not limited to collection of data and submission of approval requests to the AVP, Credit Administration for review and presentation to Management Loan Committee; monitors records and notifications as needed for updated information, follows up with vendors regarding receipt of updated and outstanding required information
• Maintains and monitors the Bank’s Appraisal Log to ensure timely processing of appraisal reports in accordance with projected closing date requirements; follows up with appraisers to ensure the Bank, Loan Officers, Mortgage Processors, and borrowers are aware of any potential delays or issues with outstanding engagements
• Maintains the Bank’s relationship with existing appraisers to continue open and effective communication and timely responses

Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.

REQUIREMENTS

• High school diploma or equivalent preferred
• Minimum of one (1) year of banking experience preferred, including knowledge of Fiserv DNA

  System

• Working knowledge of Microsoft Office Suite, including Outlook, Word, and most importantly Excel
• Willingness and aptitude to learn new systems as required to support Bank growth and expansion

  of services

• Detail-oriented with excellent organizational skills
• Ability to build and maintain relationships; team player with exceptional customer-service skills
• Sound written and verbal communication skills
• Ability to multi-task, meet deadlines, and adapt to change
• Must be willing and able to report to Headquarters in Tewksbury five days a week

  Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

All applicants can apply directly on our website –  https://www.lowellfive.com/about/careers/