1 - Appraisal Team Leader

Job Title: Appraisal Team Leader  Department: Commercial Credit Administration  Reports To: Commercial Credit Manager Overtime Exemption: Non-exempt    Kennebunk Savings operates on the shared belief that Helping One Another Is the Right Thing To Do. Our Core Values – Trust, Integrity, Proactive and Empathy provide the guide posts for how we support that belief. They guide our day to day actions – from the way we build relationships, to how we make decisions and problem solve, to how we interact with one another. Our Core Values form the foundation of our culture. Embodying them forms the basis of what makes for a successful employee at Kennebunk Savings.    Scope of Work  Under the general guidance of the Commercial Credit Manager, the incumbent is responsible for assisting in the Bank’s commercial appraisal review function to ensure its independence and conformance to regulatory requirements/guidance.  Primary duties include the compliance review of low risk commercial appraisals and assisting with the administrative management of the appraisal functions in the Bank.      Essential Functions (3)    Review of Commercial Appraisals:  Conducts written reviews for commercial appraisals provided by third-party vendors based on, and in accordance with, applicable standards and guidance of regulatory agencies;  Communicates with third-party commercial appraisal vendors throughout the appraisal and appraisal review process;  Ensures that the appropriate value of the Bank's real estate collateral has been determined in conformance with USPAP and Interagency Appraisal and Evaluation Guidelines. Perform Validations of Existing Commercial Appraisals:  Performs written validations of existing commercial appraisals in accordance with, applicable guidance of regulatory agencies;  Studies and monitors the local real estate market with respect to reviewing and developing credible evaluations.   Support of the Appraisal Department:  Performs administrative functions required for the Appraisal Review Department to run smoothly and in accordance with, applicable guidance of regulatory agencies.  Trains, motivates and provides performance feedback to employees. Exhibits strong leadership by creating and promoting a positive environment, influencing others to achieve common goals and fostering effective relationships Communicates with the appraiser to resolve any issues/questions that may arise. Reviews residential appraisals at the request of retail underwriting to reconcile errors/omissions; or to reconcile differences between appraisals when two are obtained. Makes recommendations to the Commercial Credit Manager for an appraiser’s inclusion or exclusion from the Bank’s approved appraiser list. Conducts annual review and produces report summarizing the overall quality level of each of the Bank’s fee appraisers.   Other Duties & Responsibilities:  Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer  Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations  Consistently emphasizes the importance of teamwork in the department and company at large  Responsible for keeping abreast of company news and information  Responsible for completing required training and policy review  May serve on various committees  Willingness to take on additional tasks and duties    Required Certifications & Licenses:  None required    Desired Knowledge, Skills & Abilities:  Knowledge of York County, ME and Seacoast, NH commercial real estate market is preferred  Familiarity with banking regulations pertaining to real estate valuation including FDICIA, FIRREA, USPAP and Interagency Guidelines is preferred   Displays high level of regard for trust and confidentiality  Proficient in Microsoft Office Products  Experience with Valutrac system preferred  Displays strong written and verbal communication skills  Displays strong organization skills and the ability to multi-task to meet established deadlines  Demonstrates a high level of accuracy and attention to detail  Effectively uses analytical skills to solve technical, as well as, non-technical problems  Ability to adapt to change    Desired Job Experience    2 years of commercial real estate, commercial real estate lending experience, or other commensurate experience and education is preferred  Experience in a professional, service focused, and fast-paced environment    Desired Education  Four year Bachelor’s Degree Economics or Finance is preferred    Working Conditions/Minimum Physical Requirements  Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards    Dexterity of hands and fingers to operate a computer and other office equipment  Lifting and moving of moderately heavy objects on occasion  Normally seated for extended periods of time    External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.    Revised 02/2025

Salary : $29 - $37