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.
As a Real Estate Appraisal Lead - Vice President on the Commercial and Investment Bank (CIB) Appraisal Team, you will administer the appraisal review process for commercial and multifamily properties, including those related to Agency lending (Fannie Mae and Freddie Mac). The ideal candidate should have experience evaluating appraisals to ensure compliance with Agency guidelines and standards.
Want more jobs like this?
Get jobs delivered to your inbox every week.
Job Responsibilities
- Engage and review external appraisals on 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), FIRREA and internal appraisal requirements
- Complete 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 commercial appraisal reports
- Extensive experience in appraising and/or reviewing a wide variety of both 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 DCF (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
- Appraisal/reviewer experience in multifamily Agency work (both Fannie Mae and Freddie Mac) would be highly desirable
ABOUT US
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.