Real Estate Analyst

Merchants Bank   Winona, MN   Full-time     Real Estate / Property Management
Posted on September 14, 2022
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Merchants Bank has an opening for a Real Estate Analyst.  This position can work out of any Merchants Bank location in MN or WI. 


The emphasis of this position is to develop, manage, and triage the daily third-party appraisal ordering and evaluation process for Consumer and Commercial/Ag loan types.  Also will provide follow-up and support for lenders and customers on various types of real estate valuations. 


Prior valuation experience desired.  A minimum of a bachelor’s degree or equivalent banking experience required.  Must have excellent problem solving skills, be well-organized and able to work in a fast-paced environment and maintain follow through.


Please Apply online at or apply in person at Merchants Bank location.  Questions can be emailed to Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.




Essential Responsibilities:

  • Coordinate the placement of appraisal and evaluation orders and ensure timely receipt from appraisers.
  • Monitor the appraisal helpdesk and email group daily. 
  • Ensure independence between the appraisers and lenders.
  • Complete commercial, agricultural, residential, and equipment appraisal and evaluation reviews to ensure compliance with USPAP and sound evaluation practice.
  • Ensure adherence to bank procedure & policy as it relates to the Appraisal – Evaluation policy; adherence to compliance with laws concerning financial institutions is a must.
  • Resolve and provide solutions to lenders regarding valuation disputes.
  • Works to resolve any potential regulatory violations in loan files.
  • Maintain tracking on trends in regional markets along with commercial cap rates and real estate values.
  • Track appraiser complaints and performance.
  • Maintain procedures for job duties. 
  • May be required to assist in updating appraiser licenses and checking enforcement actions on annual basis.
  • Regular and dependable attendance is an essential function of this job.
  • Employee may be asked to perform other duties as required by business needs.



Indicators of Success:

  • Adherence to compliance with laws concerning financial institutions.
  • Employee will be expected to contribute to a positive working environment through words and actions.
  • Employee will be expected to greet internal and external customers in a friendly and outgoing manner and provide outstanding customer service to both.
  • Will complete compliance and product knowledge assignments in a timely manner.
  • Work is completed in an accurate and timely fashion. 
  • Excellent communication to keep workflow balanced and moving forward. 
  • Employee will demonstrate good time management skills while maintaining a high level of accuracy.
  • Employee must be willing to perform independently and be a self-motivator.


Educational Requirements:

  • A minimum of a bachelor’s degree or equivalent banking experience is required, preferably in general business, accounting, or finance. 
  • Will be required to take standard appraisal training courses as directed by the bank and will be expected to complete ongoing educational requirements.
  • Working knowledge and understanding of USPAP and FIRREA is required.
  • Attend annual USAP Appraisal/Evaluation Management Training.


Working Conditions:

            Inside working environment, very low noise level, work performed primarily sitting at a desk.  Requires finger dexterity to operate office equipment.


Mental/Skill Requirements:

            Requires above-average aptitude in the area of math/number skills.  Accuracy shall be a top priority of this position. 


            Amiable personality with ability to stand firm on decisions to ensure legal and compliance adherence.  Must be excellent team worker.



            Reports to the Credit Administration Manager for fulfillment of duties, responsibilities, authority, and for proper interpretation.


            Will mainly have contact with internal staff and appraisers.  Expected to always conduct self in a manner that will enhance the overall marketing effort of the Bank.