Collateral Manager leads a team of appraisers conducting assessments, valuations, and appraisal reviews of real estate, land, and other personal property to establish the market value generally used for lending, insurance, or other purposes. Establishes processes for conducting on-site inspections of property and data collection required to perform valuations. Being an Collateral Manager follows generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Ensures appraisal documentation and appraiser certification comply with all regulations. Additionally, Collateral Manager performs appraisal quality reviews to ensure appropriate valuation and minimize risk. Creates process efficiencies with appraisal software tools and databases. May require a bachelor's degree. Has the Member of the Appraisal Institute (SRPA) or similar designation. Requires a State Appraiser License. Typically reports to a director. The Collateral Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Collateral Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
At FCS Financial, part of the nationwide Farm Credit System, we are looking for an Collateral Evaluator to join our Team! FCS Financial is a member of the largest agriculture lending cooperative in the United States today. At FCS, we seek individuals who share a passion for agriculture, rural living, and the drive to positively impact customers and the agriculture community!
The Collateral Evaluator will perform chattel and real estate valuations and also assist in sales research by collecting, analyzing, and writing sales. If you are friendly, detail-oriented, pro-active, outgoing, and confident, this opportunity is for you!
The starting salary for this position is $50,000, however salary may be commensurate with experience.
The Market Territory for this position is in the southern half of Missouri. Preferred office locations in Missouri include Springfield or Lebanon, however, other FCS Branch locations in Southern Missouri will be considered based on the candidates' qualifications and needs.
This position is open until filled.
This position is classified as Non-Exempt under the Fair Labor Standards Act.
Department: Risk Management - Appraisal
Reports To: Vice President, Team Leader, Appraisal and Collateral Risk Management
Supervises: None
Responsibilities/Duties*Job Functions
Percentage
Job Functions
30 %
Chattel Valuations
50%
Real Estate Valuations
20%
Sales Research
n/a
Other duties as assigned to meet the needs of the organization.
* Essential Functions for this position consist of all items listed under any category that make up 5% or more of the job duties. This job description is subject to change without notice.
Required ExperienceMinimum Qualifications
Required Knowledge and Skills