Appraisal Trainee

Job description

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 app...