The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.
We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!
SUMMARY/OBJECTIVES
This position is responsible for, but not limited to, managing and reviewing simple to complex equipment appraisal and valuation reports. The Equipment Valuation Manager ensures all valuation reports comply with bank policy, regulatory standards, and valuation independence. This role includes leading a team of reviewers and taking full ownership of valuation quality, compliance oversight, and workflow improvements.
ESSENTIAL FUNCTIONS
This position is expected to perform the specific duties, tasks, and responsibilities as outlined below:
Manage and supervise the equipment valuation process and support teams as assigned by the Director of Appraisal & Valuation Services.
Ensure that the Bank's policies, code of conduct, and regulatory guidelines are followed with all equipment valuation work.
Scope valuation needs for non-real estate collateral (equipment, aircraft, etc.)
Manage the procurement and ordering process for third-party equipment valuations.
Perform reviews of third-party and internally prepared equipment valuations and related reports, ensuring compliance with internal standards and applicable regulations.
Perform in-house valuations and assessments on an as-needed basis.
Coordinate with regulatory auditors on valuation documentation and compliance.
Update valuation-related policies, procedures, and bulletins as necessary.
Provide support and resolution for valuation-related issues from internal business lines or third-party vendors.
Train bank employees and valuation team members on equipment valuation processes and tools.
Monitor pipeline of valuation requests and address any issues or delays proactively.
Ensure external vendor competency and validate the reasonableness of valuation fees.
Support implementation of new technology or platforms related to equipment valuation.
Conduct performance evaluations and provide mentorship to direct reports.
Collaborate with departments and stakeholders on business initiatives involving equipment appraisal.
Promote interdepartmental collaboration and positive communication.
Continuously enhance professional knowledge through training and development.
Coordinate with other departments to support credit decisions and risk mitigation.
Engage in marketing and outreach efforts related to commercial valuations.
Stay informed of market and industry trends related to equipment valuation.
Participate in marketing or business development efforts related to valuation services.
Perform other duties as directed by leadership.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
COMPETENCIES
High level knowledge of valuation principles, USPAP standards, and applicable regulations.
Proficient with general office systems (Microsoft Word, Excel, Outlook) and appraisal-specific tools.
Strong commercial equipment appraisal experience/knowledge required.
Strong written, verbal, and interpersonal communication skills.
Ability to analyze complex valuation reports and spot issues.
Detail-oriented with strong organizational and decision-making skills.
Ability to lead teams, resolve conflicts, and mentor staff.
Commitment to meeting deadlines and performance expectations under pressure.
Adaptability to changes in process, technology, or regulation.
Ability to prioritize and organize assignments.
Ability to use the computer efficiently and the capacity to learn new software programs as they are rolled out by the Bank.
Must possess basic English language skills to write and speak clearly, and effectively with coworkers and customers.
Must be well-organized, accurate, and attentive to detail.
Must be cooperative and willing to assist coworkers and customers on a regular basis.
Must have effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others.
Must possess excellent multi-tasking skills and be able to function well under pressure.
Must be able to remain composed under pressure and respond to customer and coworker concerns regularly.
Must be patient and willing to help others in solving problems while always maintaining a positive attitude.
Qualifications, Education, and Certification Requirements
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