What are the responsibilities and job description for the Real Estate Appraisal Officer position at JPMorganChase?
Job Description
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 an Associate Real Estate Appraiser within the Valuation Services Group, you will bring your passion for real estate and the eagerness to work with a certified general real estate appraiser to assist in the preparations of a variety of multifamily and commercial appraisal assignments. The team 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 and 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. You will be provided all the equipment, training, data sources and software.
Job Responsibilities
JPMorganChase, 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 Team
J.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.
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 an Associate Real Estate Appraiser within the Valuation Services Group, you will bring your passion for real estate and the eagerness to work with a certified general real estate appraiser to assist in the preparations of a variety of multifamily and commercial appraisal assignments. The team 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 and 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. You will be provided all the equipment, training, data sources and software.
Job Responsibilities
- Collecting, organizing, analyzing, and reporting appraisal related market data through internal and external data sources, and understanding all company research related database and software programs.
- Closely monitoring local and regional commercial real estate markets and reporting on any pertinent news or trends.
- Conducting property-level due diligence and/or inspecting properties as part of the valuation process.
- Assisting in the preparation of appraisal reports, with level of contribution toward completion increasing over tenure in the position.
- Working closely with a general certified appraiser in order to complete appraisal assignments in a timely manner.
- Estimating the market value of collateral/security for real estate loans in accordance with internal policies/procedures, industry standards, and regulatory requirements.
- Interviewing real estate market participants for rent surveys, sales verifications, and subject property analysis.
- Performing other duties as assigned, as necessary.
- Minimum a 4-year college degree.
- Must have a General Appraiser License, Residential Appraisal license, Appraiser Trainee license, or be working toward General Real Estate Appraiser state licensure.
- Strong analytical, organizational, and multi-tasking skills within a group setting and individually.
- Advanced oral and written communication skills.
- Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite).
- The ability to self-motivate and manage time efficiently to meet service level deadlines.
- A passion for learning about local real estate market areas and neighborhoods.
- Ability to independently travel to property inspections and for market research.
- Exposure to multifamily or commercial real estate transactions or analytics.
- A strong desire to gain an in-depth understanding of various building construction types, flood/environmental hazards, earthquake standards, and zoning conditions, with level of understanding expected to increase over the tenure in this position.
JPMorganChase, 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 Team
J.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.