Internal Bank Appraiser

First Farmers Bank & Trust Company

Kokomo, Northern (IN, KY)

Hybrid

USD 55,000 - 85,000

Full time

11 days ago

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Benefits offered by this job

Medical Insurance

401(k) Plan

Paid Holidays

Job summary

First Farmers Bank & Trust Company in Kokomo, IN, is seeking an Internal Bank Appraiser to evaluate real estate values for lending decisions. You will inspect properties, analyze market trends, and prepare comprehensive reports for management review while ensuring compliance and thorough documentation.

The role requires experience in appraisals or banking, knowledge of appraisal methods, and the ability to work independently and with teams. Office-based work with local travel may occur.

Qualifications

Prior experience in appraisals or a comparable banking role.
Working knowledge of appraisal methods, principles, and practices.
Ability to work independently and collaboratively within a team.
Minimum of two years of bank appraisal experience or in a comparable banking role.
Bachelor’s or Associate’s degree in Finance, Economics, or Accounting; Certified General Appraiser license preferred.

Responsibilities

Conduct property inspections to appraise the value of real estate for bank loans.
Analyze data and market trends to determine property values.
Prepare and submit appraisal reports to bank management for review.
Communicate appraisal findings to clients and provide recommendations.
Stay up-to-date with industry developments and changes in appraisal methods.
Maintain accurate records and documentation for all appraisals conducted.

Skills

Analytical skills

Communication

Attention to detail

Time management

Education

Associate’s degree in Finance, Economics, or Accounting

Bachelor’s degree in Finance, Economics, or Accounting

Certified General Appraiser license

Tools

Appraisal software

Microsoft Office

Job description

Description

Internal Bank Appraiser

Kokomo, IN

$55k/year - $85k/year

About First Farmers Bank & Trust

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we’ve grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services—from personal and business banking to agricultural lending and mortgage solutions.

Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today’s digital banking convenience with the traditional values of integrity, perseverance, and customer care.

With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most—people.

At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you’re not just starting a job—you’re joining a company built on heart and grit.

Position Summary:

The Internal Bank Appraiser is responsible for evaluating the value of real estate to support lending decisions. This role conducts property inspections, analyzes market data and trends, and prepares comprehensive appraisal reports for management review. The position works closely with loan management, support staff, and underwriters to facilitate sound credit decisions, while ensuring accuracy, compliance, and thorough documentation. The Internal Bank Appraiser also communicates findings and recommendations effectively to stakeholders and remains current on industry standards and appraisal methodologies.

Key Responsibilities

Conduct property inspections to appraise the value of real estate for bank loans
Analyze data and market trends to determine property values
Prepare and submit appraisal reports to bank management for review
Communicate appraisal findings to clients and provide recommendations
Stay up-to-date with industry developments and changes in appraisal methods
Maintain accurate records and documentation for all appraisals conducted
All other job duties as assigned

Requirements

Minimum Qualifications

Prior experience working in appraisals or a comparable banking role
Working knowledge of appraisal methods, principles, and practices
Demonstrated ability to work both independently and collaboratively within a team environment

Preferred Qualification

Minimum of two (2) years of experience as a bank appraiser or in a comparable banking role
Associate’s or Bachelor’s degree in Finance, Economics, Accounting, or a related field
Experience utilizing appraisal software and related tools
Certified General Appraiser license

Skills

Strong analytical skills with the ability to interpret data, draw sound conclusions, and produce accurate reports
Excellent verbal and written communication skills, with strong interpersonal abilities
Proficiency in Microsoft Office Suite, with the ability to quickly learn new systems and technologies
High level of attention to detail with strong organizational and time management skills

Work Environment

Primarily office or branch-based environment with standard business hours. Regular travel to site inspections, other branch locations or community events may be required
Daily extended use of banking software, secure digital platforms, and standard office equipment
Repetitive hand and arm movements
Ability to sit or stand for extended periods of time
Ability to lift up to 25 pounds as needed

Benefits Overview:

At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:

Health & Wellness

Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
Vision Coverage
Dental Coverage
Prescription Plan
Wellness Incentive – earn up to $25 per pay period toward premium reduction

Financial Security