Appraisal Trainee

oceanbank· Other
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📍 Miami, FL, USFULL TIME

About this role

Overview

The Appraisal Trainee supports the daily operations of the Market & Appraisal function by managing the residential appraisal pipeline, coordinating with Appraisers and/or Appraisal Management Companies (AMCs), processing appraisal orders, and helping ensure timely, compliant delivery of appraisal products. This role also supports invoice processing, reconciliations, appraisal fee collection, and system updates related to appraisal ordering and tracking.

Responsibilities

  • Receive, review, and process incoming residential appraisal orders through the Bank’s loan origination and appraisal management systems.
  • Place appraisal orders with approved AMCs/appraisers in accordance with vendor rotation and engagement protocols.
  • Monitor order status and follow up with AMCs/appraisers to support on-time delivery within turnaround standards.
  • Review completed appraisal reports (and AMC QC reviews, as applicable) for completeness and basic compliance prior to uploading to the loan origination platform (Abrigo/Encompass).
  • Maintain accurate appraisal pipeline logs and tracking records; keep appraisal files organized in document management systems.
  • Process invoices, reconcile appraisal fees, and coordinate payments with internal partners.
  • Serve as a point of contact for AMCs/appraisers and internal stakeholders (including Relationship Managers) for residential assignments.
  • Communicate assignment conditions, property access instructions, and special requirements to vendors.
  • Document vendor performance issues and escalate concerns as needed.
  • Support compliance requirements, including Appraiser Independence Requirements (AIR) documentation and other required supporting items (e.g., flood documentation when applicable).
  • Complete flood determination forms for all appraisal requests.
  • Support special projects, reporting, and process improvement initiatives within the Appraisal Department.

Qualifications

Education/Experience:

Requirements

  • Bachelor's Degree in Business Administration, Criminal Justice, or Finance.

    • Combination of education and experience will be considered.

     

    Skills & Competencies

  • Must understand general accounting and finance principles.
  • Must demonstrate excellent financial and quantitative skills.
  • Must be capable of communicating effectively and have strong presentation skills.
  • Must possess excellent project and time management skills; possess excellent organizational, analytical, interpersonal, written and verbal communication skills.
  • Computer proficient in MS Software, (e.g. Excel, Word, and Outlook).

    • Preferences

    • Ability to analyze data, work with spreadsheets, calculate formulas, create pivot tables, use VLOOKUP, and run macros.
    • Familiarity with the residential appraisal process, including standard form types (1004, 1073, 1075, 2055).

    Licenses/Certifications

    • Appraisal Trainee license is strongly preferred.

    Job Posting Locations

    In this role you can work onsite from Miami, Florida, United States

    Frequently Asked Questions

    Is the salary disclosed for the Appraisal Trainee position at oceanbank?
    The salary for this Appraisal Trainee role at oceanbank is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
    Where is the Appraisal Trainee position at oceanbank located?
    This Appraisal Trainee role at oceanbank is based in Miami, FL, US. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
    Is the Appraisal Trainee role at oceanbank full-time or part-time?
    This is listed as a FULL TIME position. It is posted as a Appraisal Trainee role in the Other department at oceanbank.
    Which team or department does the Appraisal Trainee at oceanbank belong to?
    This Appraisal Trainee position is part of the Other department at oceanbank. See the full job description for more information about the team structure and responsibilities.
    How do I apply for the Appraisal Trainee position at oceanbank?
    Click the "Apply Now" button on this page. You will be redirected to oceanbank's official application portal hosted on icims where you can submit your application directly.
    When was the Appraisal Trainee job at oceanbank posted?
    This Appraisal Trainee position at oceanbank was posted on Jun 11, 2024. Apply as soon as possible — early applications are often reviewed first.
    Appraisal Trainee
    oceanbank
    Apply for this role ↗

    You'll be redirected to oceanbank's official application page on icims.