Job Summary:
JPMorgan Chase is looking for well-seasoned real estate review appraisers who want to bring their significant 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. We will provide all of the equipment, training, data sources, and software for real estate review appraisers who have an eagerness and passion for ensuring that appraisal reports meet our strong quality assurance standards. This position will provide experienced real estate reviewers with an opportunity for professional growth within a dynamic, fast-paced, and highly-collaborative team.
Job Responsibilities:
- Performing reviews of appraisal reports for multifamily residential (5+ units) and/or commercial properties to determine the credibility of market values developed for financially-related transactions in accordance with internal appraisal policies/procedures, industry standards, and regulatory requirements (USPAP & FIRREA).
- Using risk-based decisions, work with stakeholders to ensure that appraisal reviews are complete, accurate, adequate, relevant, and reasonable based on sound real estate appraisal methodology.
- Learning and performing the administrative tasks that drive the CRE Appraisal Review process.
- Continual development of local market knowledge and national real estate trends.
Required Qualifications, Capabilities and Skills:
- A 4-year college degree.
- State Certified General Appraiser License .
- Minimum 10 years' experience appraising and/or reviewing complex multifamily residential, mixed-use, and/or commercial properties.
- Strong analytical, business writing, and oral communication skills are a must.
- Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite).
- Ability to multi-task and elevate critical issues in a timely manner.
- Must be self-motivated and manage time efficiently to meet service-level deadlines.
- Strong critical thinking and problem solving.
- Understanding of various construction types and mechanical systems as well as hazards such as flood, environmental, earthquake, and zoning conditions.
- Ability to analyze properties with complex characteristics.
- Superior knowledge of local real estate metro areas and neighborhood.
Preferred Qualifications, Capabilities and Skills:
- MAI designation from the Appraisal Institute or equivalent credential.
- Comprehensive knowledge or certification of DCF software.
- National Review experience is a plus.
- Significant experience appraising or reviewing 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.
