Commercial Real Estate Specialist
Stock Yards Bank & Trust, Louisville, KY, United States
Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.
Job Title Commercial Real Estate Specialist
FLSA Status Exempt
Department Credit Administration
Hours of Operation Monday – Friday, 8:00 – 5:00
General Job Summary Responsible for supporting the efficient management of the appraisal department processes and ensuring that all related tasks and documentation are handled in an organized and timely manner. This includes managing invoice processing and general ledger balancing, assisting in the maintenance of a comprehensive vendor list and due diligence documents, reviewing weekly reporting for system data integrity, reviewing and ordering non-complex valuation products in the Appraisal Department.
Organizational Duties And Responsibilities
Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
Supports all functions that maintain compliance with regulatory agencies.
Essential Duties And Responsibilities
Manage appraisal invoice process through Accounts Payable and Transaction Management System (TMS)
Maintain and balance general ledgers for the Appraisal team
Prepare cover letters that accompany valuation reports for Regulation B guidelines
Assist in maintenance of Bank approved appraiser directory including collection of vendor due diligence documents
Assist in preparation and organization of reports related to vendor invoicing and payment, and due diligence documents
Obtain real estate information using public records, brokerage reports, or other available resources for underwriting and real property valuation and reporting
Order and review non-complex real estate valuation products (i.e. Evaluations, AVMs, Desktops, and Validations)
Interact and communicate with SYB internal/external customers regarding needed information to complete valuation assignments, particularly any documents required, costs, and due dates
Orders supplies and equipment for the Credit Department
Provide administrative assistance, as required, by the Review Supervisor
Help streamline the appraisal order or review, vendor invoicing and due diligence documentation, or general ledger processes
Other duties and projects as assigned
Minimum Job Requirements Education High School Diploma
Experience Real Estate valuation or review experience a plus
Specific Skills
Applies active learning skills to remain conversant of appraisal regulatory issues related to banking
Communicate effectively through writing and speaking as appropriate for the needs of the audience
Ability to apply general rules, policies, and regulations to specific problems to produce answers that make sense
Excellent organizational skills
Computer proficient
Effectively use Microsoft Excel and Word to create spreadsheets and various documents
Efficiently manage time to meet demands of a fast-paced environment and deadlines
Resourcefully prioritize work and tasks to meet established goals
Work well under pressure of multiple tasks and adjust to varied workload
Physical Requirements
Primarily sedentary work performed in an office environment
Ability to sit for extended periods of time while working at a computer
Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
Visual acuity sufficient to read computer screens, printed documents, and financial data
Occasional standing, walking, bending, or reaching
Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)
Benefits
401(K) with a company match of up to 6%
ESOP employer match
Medical insurance
Dental insurance
Vision insurance
Cancer/Disease insurance
Accident insurance
Flexible Spending Accounts
Flexible Savings Accounts
Health Savings Accounts
Bank paid Life/AD&D insurance
Voluntary Life/AD&D insurance
Bank paid Short-Term and Long-Term Disability insurance
Employee Stock Purchase Plan
Employee Assistance Program
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Job Title Commercial Real Estate Specialist
FLSA Status Exempt
Department Credit Administration
Hours of Operation Monday – Friday, 8:00 – 5:00
General Job Summary Responsible for supporting the efficient management of the appraisal department processes and ensuring that all related tasks and documentation are handled in an organized and timely manner. This includes managing invoice processing and general ledger balancing, assisting in the maintenance of a comprehensive vendor list and due diligence documents, reviewing weekly reporting for system data integrity, reviewing and ordering non-complex valuation products in the Appraisal Department.
Organizational Duties And Responsibilities
Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
Supports all functions that maintain compliance with regulatory agencies.
Essential Duties And Responsibilities
Manage appraisal invoice process through Accounts Payable and Transaction Management System (TMS)
Maintain and balance general ledgers for the Appraisal team
Prepare cover letters that accompany valuation reports for Regulation B guidelines
Assist in maintenance of Bank approved appraiser directory including collection of vendor due diligence documents
Assist in preparation and organization of reports related to vendor invoicing and payment, and due diligence documents
Obtain real estate information using public records, brokerage reports, or other available resources for underwriting and real property valuation and reporting
Order and review non-complex real estate valuation products (i.e. Evaluations, AVMs, Desktops, and Validations)
Interact and communicate with SYB internal/external customers regarding needed information to complete valuation assignments, particularly any documents required, costs, and due dates
Orders supplies and equipment for the Credit Department
Provide administrative assistance, as required, by the Review Supervisor
Help streamline the appraisal order or review, vendor invoicing and due diligence documentation, or general ledger processes
Other duties and projects as assigned
Minimum Job Requirements Education High School Diploma
Experience Real Estate valuation or review experience a plus
Specific Skills
Applies active learning skills to remain conversant of appraisal regulatory issues related to banking
Communicate effectively through writing and speaking as appropriate for the needs of the audience
Ability to apply general rules, policies, and regulations to specific problems to produce answers that make sense
Excellent organizational skills
Computer proficient
Effectively use Microsoft Excel and Word to create spreadsheets and various documents
Efficiently manage time to meet demands of a fast-paced environment and deadlines
Resourcefully prioritize work and tasks to meet established goals
Work well under pressure of multiple tasks and adjust to varied workload
Physical Requirements
Primarily sedentary work performed in an office environment
Ability to sit for extended periods of time while working at a computer
Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
Visual acuity sufficient to read computer screens, printed documents, and financial data
Occasional standing, walking, bending, or reaching
Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)
Benefits
401(K) with a company match of up to 6%
ESOP employer match
Medical insurance
Dental insurance
Vision insurance
Cancer/Disease insurance
Accident insurance
Flexible Spending Accounts
Flexible Savings Accounts
Health Savings Accounts
Bank paid Life/AD&D insurance
Voluntary Life/AD&D insurance
Bank paid Short-Term and Long-Term Disability insurance
Employee Stock Purchase Plan
Employee Assistance Program
#J-18808-Ljbffr