Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
Job Summary
As a Senior Real Estate Appraiser within the Valuation Services Group, you will bring your expertise and knowledge to a team that specializes in multifamily and commercial appraisal assignments, with a strong emphasis on multifamily product ranging from 5 to 500 units. We are dedicated to helping real estate appraisal professionals grow with our team. You will be provided all the equipment, training, data sources and software for real estate appraisers who have an eagerness and passion for ensuring that appraisal reports meet our strong quality assurance standards. In this position we will provide you with hands-on real estate experience that will prepare you for a variety of real estate related roles within the firm.
Job Responsibilities
- Appraise 5+ unit multifamily residential, mixed use and/or commercial properties to estimate the market value for related financial transactions in accordance with internal policies/procedures, industry standards and regulatory requirements (USPAP & FIRREA).
- Interview real estate market participants for rent surveys, sales surveys and subject property analysis.
- Manage time efficiently to meet service level deadlines.
- Understand various building construction types, flood/environmental hazards, earthquake and zoning conditions (as pertinent).
- Learn and perform the administrative tasks that drive the CRE Appraisal process.
- Utilize risk-based decisions, work with stakeholders to ensure that appraisal reports are complete, accurate, credible, relevant, and reasonable based on sound real estate appraisal methodology.
Required qualifications, capabilities and skills
- Minimum a 4-year college degree.
- A State Certified General Appraiser License
- Minimum 3 years of experience appraising multifamily residential, mixed-use and/or commercial properties.
- Strong analytical, business writing and oral communication skills.
- Strong critical thinking and problem solving.
- Computer/technology knowledge as well as a proficiency in MS Word, Excel and Outlook (Microsoft Office Suite).
- Deep knowledge of local real estate market trends and neighborhoods.
- Continual development of local market knowledge and national real estate trends is required.
Preferred qualifications, capabilities and skills
- Discounted Cash Flow programs knowledge and methodologies.
- Experience appraising for financial Institutions.
ABOUT USJPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAMJ.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
