• Job Description

  Req#: 210495234

  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 Review Lead in the Valuation Services Group (VSG) you will provide real estate valuation risk support to 11 lines of business within the firm by maintaining appraisal and review discipline and independence in accordance with appraisal policy and procedures. You will work with all levels of staff and management within VSG, our LOB clients, and functional support groups to ensure appraisal quality in accordance with best practices and governing regulations. You must have a solid background in appraisal, appraisal review, and credit risk operations.

  Job responsibilities

  • To review the adequacy of appraisals of commercial real estate collateral for real estate-related financial transactions (RERFTs) in accordance with JPMC internal appraisal policies/procedures, professional appraisal standards (i.e. USPAP) and federal regulatory appraisal requirements (i.e. FIRREA and IAEG).
  • Sound judgment, excellent communication/problem-solving skills and independent decision-making skills are required.
  • Collaborate with staff in multiple locations.

  Required qualifications, capabilities, and skills

  • Minimum 5 years of experience appraising and/or reviewing appraisals of a broad range of commercial property types for financial institutions
  • Use sound judgment, excellent communication/problem-solving skills and independent decision-making skills.
  • Must be proficient in Word and Excel, and DCF analysis
  • State Certified General Appraiser License
  • Must be self-motivated and manage time efficiently to meet service level deadlines.
  • A clear and complete understanding of USPAP and federal appraisal regulatory requirements is paramount.
  • The candidate should have a broad understanding of financial markets, including underwriting and credit concepts.
  • Demonstrated knowledge of various CRE asset types, including office, industrial, multifamily, and retail
  • Ability to collaborate with peers and senior management and build consensus when necessary.
  • Proven track record of effective management and strong leadership.
  • Ability to work across a broad geographic footprint.

  Preferred qualifications, capabilities, and skills

  • A 4-year college degree
  • Ability to analyze properties with varying levels of complexity
  • Experience with leading projects, teams.
  • MAI designation from the Appraisal Institute is highly recommended, but equivalent advanced education and experience will also be considered.
  • Rockport Val is preferred.

• About the company

  J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

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