Provides appraisal management support for the Appraisal Management Services team including the performance of valuations and administrative/technical appraisal reviews of loan collateral for Rural 1st and Collateral Risk Management.
TRAVEL REQUIREMENTS: < 25%
Provides appraisal management support for the functions within the Appraisal Management Services team.
Performs verifications of appraisal reports to verify compliance of appraisal reports completed for Rural 1st and Collateral Risk Management with engagement instructions for staff appraisers and external (fee) appraisers.
Performs administrative and technical appraisal reviews of appraisal reports completed for Rural 1st and Collateral Risk Management.
Performs non-inspection appraisals and valuations, as needed, of loan collateral and acquired properties for Rural 1st and Collateral Risk Management.
Coordinates activities through the immediate supervisor to prioritize appraisal review or verification requests.
Conducts appraisal and evaluation reviews and provides training as necessary in any area of deficiencies as noted.
Evaluates the impact of environmental risks. Includes, but is not limited to performing site inspections, owner interviews, and documenting findings in written appraisal reports.
Evaluates the impact of existing and proposed government programs regarding farming, taxes, zoning, and the environment on property valuations.
Represents and communicates the mission and values of Farm Credit Mid-America and complies with its conduct policy, security policy and confidentiality expectations.
Managing appraisal disputes and reconsiderations while maintaining appraiser independence between appraisers and disputing parties.
Performs other related duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES:
Knowledge of: Farm programs, rural development, economics, laws and their implication on values, agricultural/rural enterprise analysis, production techniques, soils, cost of agricultural improvements, legal descriptions, zoning, environmental risks and other limitations of property rights. Real estate sales analysis techniques, including matched pairs, depreciation and income capitalization analysis. Appraisal valuation methods including sales comparisons, cost and income capitalization approaches.
Skills in: Communicating effectively in person, by phone, in writing; organizing work assignments, scheduling and managing time; organizing and analyzing information; drawing conclusions and making recommendations; using a computer and software programs; identifying factors that cause changes in the real estate market.
Ability to: Work independently with minimal supervision, use sound judgment, be a self-starter. Develop analytical processes to solve appraisal problems. Research the market to locate reliable information to support specialized complex appraisals. Provide appraisal training when needed.
Farm Credit Mid-America is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability or any other category protected by law.
Education and Experience
High School diploma and Certified Residential or Certified General state license with at least two years of appraisal review experience. -OR- Bachelor's Degree in Agriculture, Business or related field. Work-related or education-related agricultural, rural or agribusiness experience is required. Demonstrated satisfactory experience in lending, real estate appraisals/review, real estate sales or related field. State license is preferred.
Internal Number: 14276
About Farm Credit Mid-America
Farm Credit Mid-America is an agricultural lending cooperative owned and controlled by our customers. We are one of the largest associations within the Farm Credit System. With more than 1,500 employees, we serve nearly 90,000 customers throughout Indiana, Ohio, Kentucky and Tennessee. Since all our customers are members, they have a voice in how the organization is run. Our customers help shape who we are, define the course we take moving forward and decide who will be on our Board of Directors to guide us there.