What are the responsibilities and job description for the Risk Management Real Estate Review Lead – Vice President position at JPMorgan Chase?
Bring your Expertise to JPMorgan Chase (JPMC). As part of Risk Management and Compliance, 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.
As a Vice President on the Corporate and Investment Bank (CIB) Appraisal team, you administer the appraisal review process for complex commercial and multifamily properties.
Job Responsibilities
- Engage and review external appraisals on moderate to complex commercial and multifamily residential properties in connection with real estate related financial transactions
- Review and analyze real estate valuation appraisal reports in compliance with Uniform Standards of Professional Appraisal Practice (USPAP), Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) and internal appraisal requirements
- Completion of appraisal reviews to JPMC’s minimum appraisal and evaluation standards and appropriate regulatory guidelines
Required Qualifications, Capabilities and Skills
- State Certified General Real Estate Appraiser
- 10 years of appraisal experience and 5 years of experience reviewing complex commercial appraisal reports
- Extensive experience in appraising and/or reviewing a wide variety of commercial and multifamily residential property types
- Real estate appraisal courses equivalent to those required for the MAI designation
- Excellent mathematical and communication skills, both verbal and written Proficiency with Microsoft Office suite and Argus (and/or Argus Enterprise) products
Preferred Qualifications, Capabilities and Skills
- Bachelor’s degree
- An MAI or equivalent professional appraisal designation
- Previous work experience in a banking/regulatory environment