What are the responsibilities and job description for the Real Estate Appraisal Sr Officer position at JPMorgan Chase?
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.
Preferred qualifications, capabilities and skills
- Discounted Cash Flow programs knowledge and methodologies.
- Experience appraising for financial Institutions.