At CoBank, our Director, Appraisals manages CoBank appraisal processes for real property, machinery and equipment, inventories and business value, including the selection and engagement of fee appraisers, and the review of third party appraisals. Conducts real estate and personal property appraisals involving CoBank borrowers. Provides direct support to CoBank associates and CoBank affiliated associations on collateral valuations and regulatory issues, supports the development, implementation and maintenance of appraisal standards and monitors regulatory compliance. Provides appraisal training, appraisals and contract appraisal review services for associations. Represents CoBank through involvement in national appraisal organizations. This position can be available in one of our banking centers across the US.
Essential Duties and Responsibilities
Supports development, implementation and maintenance of real property and equipment valuation policies and procedures to ensure high standards and regulatory compliance.
Provides technical assistance in support of the lending function regarding appraisal issues, including environmental awareness and compliance. Develops and maintains a database of appraisal valuations by key industries.
Coordinates the selection and engagement of fee appraisers with Relationship Managers. Reviews third party appraisals for compliance with USPAP and the terms of the engagement letter. As needed, conducts real property appraisals for CoBank borrowers.
Responsible for providing support to Risk Management on collateral evaluation issues and appraisal review to ensure compliance with collateral review regulations.
Manages fee service programs for CoBank affiliated Farm Credit Associations, including semi-annual appraisal training and appraisal review services.
Provide collateral assistance expertise to the Special Assets Team as needed.
Bachelor’s degree in business, finance or a relevant discipline.
Ten (10) or more years of real estate appraisal experience, preferably in agriculture industry dealing with highly specialized properties; or appropriate combination of education and experience.
Three (3) or more years of managerial or supervisory experience.
Master’s degree preferred.
Completion of the General Appraiser Certification, as established by the Appraisal Foundation and approved by the appropriate state appraisal boards. Maintenance of a professional appraisal designation by a national appraisal society recognized by The Appraisal Foundation, A.R.A. or M.A.I. preferred.
In-depth knowledge of real estate appraisal techniques.
Proven knowledge of credit and financing alternatives and financial structuring in a banking environment;
Strong business acumen and solutions-based problem solving and decision making skills.
Excellent interpersonal skills, with the ability to build effective working relationships with all levels of management and staff at CoBank and with CoBank customers.
Excellent verbal and written communication and interpersonal skills, with the ability to build successful relationships and communicate effectively with all levels of the organization, including association boards of directors.
Knowledge of bank policies, guidelines, procedures, processes and documentation.
Knowledge of Microsoft Office applications (Outlook, Word, PowerPoint, Excel
Employer will assist with relocation costs.
CoBank stands strong as a $135 billion enterprise dedicated to the financial needs of rural America. As a national cooperative bank and a proud member of the Farm Credit System it is our mission to serve as a relevant and dependable provider of credit and other value-added financial services. From our headquarters in Denver, Colorado and our regional banking centers across the US, CoBank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
CoBank will not sponsor a work visa (e.g. H1B, etc.) to fill this position.
CoBank is an Equal Opportunity Employer