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Commercial Bank Risk - Real Estate Appraiser Senior. Associate

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JPMorgan Chase & Co.

2021-12-04 07:30:03

Job location Downers Grove, Illinois, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

JP Morgan Chase:

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at

Our Firmwide Risk Function:

Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

Commercial Real Estate Group (CRE):

Work with the best commercial real estate team in the industry! As the largest financial institution and multifamily lender in the country, JPMorgan Chase is looking for seasoned real estate appraisers who want to bring their 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. We will provide all of the equipment, training, data sources, and software for real estate appraisers who have an eagerness and passion for developing a deep specialty career and are looking for professional growth. This position will provide hands-on real estate experience that will prepare individuals for a variety of real estate related roles with the firm.

A successful candidate's qualifications and essential job duties include:

* Appraising 5+ unit multifamily residential and/or commercial properties to estimate the market value for related financial transactions in accordance with internal policies/procedures, industry standards, and regulatory requirements.
* Interview real estate market participants for rent surveys, sales surveys, and subject property analysis.
* Learning and performing the administrative tasks that drive the CRE Appraisal process.

Qualifications:

* Requires a 4-year college degree.
* State Certified General Appraiser License (Commercial Positions).
* Minimum 3 years' experience appraising multifamily residential, mixed-use, and/or commercial properties.
* Significant experience appraising for financial institutions is preferred.
* Strong analytical, business writing, and oral communication skills are a must.
* Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite).
* Must be self-motivated and manage time efficiently to meet service-level deadlines.
* Understanding of various construction types and mechanical systems as well as hazards such as flood, environmental, earthquake, and zoning conditions.
* Superior knowledge of local real estate metro areas and neighborhood

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