Risk Management - Real Estate Appraisal Officer - Associate

JPMorgan Chase & Co. • Village of New Hyde Park, NY

23d

About The Position

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 Associate in the Commercial Bank Risk Real Estate
Appraisal team, you will work with a state certified general real estate
appraiser in the preparation of a variety of multifamily and commercial
appraisal assignments. You will collect, organize, analyze, and report appraisal
related market data through internal and external data sources, and understand
all company research related database and software programs. You will also
conduct property-level due diligence and/or inspections of properties as part of
the valuation process.  

This position will provide you with hands-on real estate experience that will
prepare you with requisite experience and training to fulfill and excel in a
Multi-family appraiser role in the firm.  

Requirements

• Strong analytical, organizational, and multi-tasking skills within a group setting and individually.
• Advanced oral and written communication skills. 
• Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite). 
• The ability to self-motivate and manage time efficiently to meet service level deadlines.
• A passion for learning about local real estate market areas and neighborhoods.
• A strong desire to gain an in-depth understanding of various building construction types, flood/environmental hazards, earthquake standards, and zoning conditions, which are expected to increase over the tenure in this position.

Nice To Haves

• Bachelor’s degree in Business Administration, Finance, Mathematics, Economics, or Real Estate related area is preferred.
• Must have a General, Residential, or Trainee Appraiser license and/or equivalent education and experience, with intent to pursue the General Real Estate Appraiser state license.
• Strong emphasis on multifamily product ranging from 5 to 500 units.
• Exposure to multifamily or commercial real estate transactions or analytics is preferred.
• Ability to independently travel to property inspections and perform market research.  

Responsibilities

• Collect, organize, analyze, and report appraisal related market data through internal and external data sources, and understand all company research related database and software programs.
• Monitor the local and regional commercial real estate markets and reporting on any pertinent news or trends.
• Conduct property-level due diligence and/or inspecting properties as part of the valuation process.
• Assist in the preparation of appraisal reports, with responsibility for completing appraisals being increased over tenure in the position.
• Work closely with a general certified appraiser in order to complete appraisal assignments in a timely manner.
• Estimate the market value of collateral/security for real estate loans in accordance with internal policies/procedures, industry standards, and regulatory requirements. 
• Interview real estate market participants for rent surveys, sales verifications, and subject property analysis. 
• Perform other duties as assigned, as necessary.

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. 

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level