Appraiser (Cagayan De Oro)

About the Role

Performs property appraisal of proposed and existing collateral /security offered by the client including Bank owned real estate as well as foreclosed property. Prepares appraisal reports on properties offered as collateral such as real estate and vehicle including those intended for SBC officer housing/car plan financing, merchandise inventory, machinery and equipment for marketing and subsidiaries as well as ROPA and other Bank-owned properties. The appraisal will aid the marketing units and approving body in granting credit by determining its collateral value for security or selling purposes.

• Conducts actual property inspection as well as property verification with the use of navigation tool in the area Visayas areas as the need arises.
• Conducts and verify actual property inspection as well as property verification with the use of navigation tools such as but not limited to Google earth map, compass, tax mapping, Sam’s Plotter with GPS locator, laser meter, etc. to be used as basis of valuation.
• Reviews the vicinity map, layout and floor plan of the property to determine its proper valuation and improvements.
• Prepares an appraisal report in GDS – SBC Corporate Appraisal system and Internal Approval Workflow (IAW) to be used by the Marketing units for the preparation of credit line package.
• Recommends possible enhancements to existing procedures and relevant credit and appraisal policies to contribute to process improvement initiatives of the Unit.
• Coordinates with clients and marketing units via email or over the phone for items and/or documents that need clarifications.
• Ensure compliance with Bangko Sentral ng Pilipinas (BSP) rules and regulations as well as Bank’s Credit Policy Manual by carefully checking sales listing and grid analysis in the appraisal report done in GDS- Corporate Appraisal System. Further, to provide incident report if needed in compliance to the requirement of Risk Management.
• Takes pictures of the property being appraised during ocular inspection for proper documentation purposes.
• Conducts research and surveys of property being offered for sale through Internet sales listings (carousell website , property for sale, etc.) for comparative analysis of land value.
• Pre-screens the assigned account and the corresponding documents by reviewing the title and tax declaration, building plan and vicinity map to verify if it is technically identified for the same property and ensure that the proper document was submitted by the Marketing units.

• With 3 to 5 years of experience as an Appraiser
• Seasoned appraiser/ licensed appraiser
• Knowledge of the appraisal process i.e. schedule inspection, research, application of methods and principles of property appraisal
• Technically competent, with strong analytical and mathematical skills to review large amounts of data and correctly appraise a property.
• Must have an organizational skill to systematically conduct property visits using the available application i.e. Google map, compass, and the like; must be willing to travel within the specific area or nationwide as the need arises.
• Must possesses customer service skills to communicate with internal and external clients.

Security Bank is one of the Philippines’ best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking. We’re recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.

Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.

At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”