Appraisal Review Administrator
Kennebunk Savings Bank

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 Validationsof 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.

Administrative 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.

• Mentors, motivates and provides feedback to employees and the Credit Administration Director.

• Creates and promotes 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 and 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 02/2026

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