Real Estate Appraisal Sr Offr

JPMorganChase • Real Estate • Real Estate Appraisal • Bachelor's Degree • 10 hours ago
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Salary
≈ $92k – $180k per year (Estimated)
Location
In office (White Plains)
Seniority
Senior · 3+ years exp
Overview
Company
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Profile match

JPMorganChase

JPMorganChase is the largest bank in the United States by assets and one of the most systemically important financial institutions in the world, with a lineage running back through more than a thousand predecessor firms to the 1799 founding of the Bank of the Manhattan Company. It combines a dominant investment bank and markets business with Chase, the largest retail banking franchise in America, plus commercial banking and asset and wealth management. Headquartered in New York, the group is unusual among banks for the scale of its technology spending, running one of the largest engineering organisations of any financial institution and deploying its own internal AI platform across the firm.
jpmorganchase.com • HQ: New York, United States • Payments • Asset Management • Credit Cards • Wealth Management • Capital Markets • Investment Banking • Banking • Financial Services • 5000+ employees • Est. 1871

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.
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