Risk Management - Real EstateAppraisal, Senior Associate
JPMorganChase
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 in the Valuation Services Group, you will leverage your expertise to deliver high-quality appraisals for multifamily and mixed-use commercial properties. You will collaborate with a dedicated team, receive comprehensive support, and gain hands-on experience that prepares you for future opportunities within our firm. Together, we ensure our appraisal reports meet rigorous quality standards and drive excellence in real estate valuation.
Job Responsibilities
- Appraise 5+ unit multifamily residential, mixed-use, and commercial properties to estimate market value for financial related transactions in accordance with internal policies/procedures, industry standards and regulatory requirements (USPAP & FIRREA)
- Interview Real Estate market participants for rent and sales surveys, and analyze subject properties
- Manage time effectively to meet service level deadlines
- Understand building construction types, flood/environmental hazards, earthquake and zoning conditions (as pertinent)
- Perform administrative tasks that support the commercial real estate appraisal process
- Make risk-based decisions and collaborate with stakeholders to ensure appraisal reports are complete, accurate, credible, and reasonable based on sound real estate methodology
- Apply sound real estate appraisal methodology to all assignments
Required Qualifications, Capabilities, and Skills
- Bachelor’s degree from a four-year college
- State Certified General Appraiser License
- At least 3 years of experience appraising multifamily residential, mixed-use, or commercial properties
- Strong analytical, business writing, and oral communication skills
- Excellent critical thinking and problem-solving abilities
- Computer/technology knowledge as well as a proficiency in MS Word, Excel and Outlook (Microsoft Office Suite)
- In-depth knowledge of local real estate market trends and neighborhoods
- Commitment to ongoing development of market knowledge and awareness of national real estate trends
Preferred Qualifications, Capabilities, and Skills
- Experience with Discounted Cash Flow programs and methodologies
- Background in appraising properties for financial institutions
- Designation qualifications is a plus
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
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.
Apply your expertise in multifamily and mixed-use commercial real estate valuation as a Senior Real Estate Appraiser.