Real Estate Review Lead

JPMorgan Chase & Co.Walnut Creek, CA

About The Position

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 http://www.jpmorganchase.com/ [http://www.jpmorganchase.com/]. 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 well-seasoned real estate review appraisers who want to bring their significant 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 review appraisers who have an eagerness and passion for ensuring that appraisal reports meet our strong quality assurance standards. This position will provide experienced real estate reviewers with an opportunity for professional growth within a dynamic, fast-paced, and highly-collaborative team.

Requirements

  • A 4-year college or master’s degree is preferred.
  • State Certified General Appraiser License (Commercial Positions).
  • Minimum 10 years’ experience appraising and/or reviewing complex multifamily residential, mixed-use, and/or commercial properties.
  • Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite).
  • Understanding of various construction types and mechanical systems as well as hazards such as flood, environmental, earthquake, and zoning conditions.
  • Ability to analyze properties with complex characteristics.
  • Superior knowledge of local real estate metro areas and neighborhood.
  • Strong analytical, business writing, and oral communication skills are a must.
  • Ability to multi-task and elevate critical issues in a timely manner.
  • Must be self-motivated and manage time efficiently to meet service-level deadlines.

Nice To Haves

  • National Review experience is a plus.
  • Comprehensive knowledge or certification of Argus software is preferred.
  • MAI designation from the Appraisal Institute or equivalent credential is preferred.
  • Significant experience appraising or reviewing for financial institutions is preferred.

Responsibilities

  • Performing reviews of appraisal reports for multifamily residential (5+ units) and/or commercial properties to determine the credibility of market values developed for financially-related transactions in accordance with internal appraisal policies/procedures, industry standards, and regulatory requirements (USPAP & FIRREA).
  • Using risk-based decisions, work with stakeholders to ensure that appraisal reviews are complete, accurate, adequate, relevant, and reasonable based on sound real estate appraisal methodology.
  • Learning and performing the administrative tasks that drive the CRE Appraisal Review process.
  • Continual development of local market knowledge and national real estate trends.

Benefits

  • 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.
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