Real Estate Appraisal Officer

About This Role

Bringing expertise to JPMorgan Chase, this Associate Real Estate Appraiser role within the Valuation Services Group focuses on assisting certified general real estate appraisers with multifamily and commercial appraisal assignments. The team specializes in multifamily properties ranging from 5 to 500 units, and the position offers hands-on real estate experience, preparing the individual for various real estate roles within the firm.

Responsibilities

• Collect, organize, analyze, and report appraisal-related market data through internal and external data sources
• Understand all company research-related database and software programs
• Closely monitor local and regional commercial real estate markets and report on any pertinent news or trends
• Conduct property-level due diligence and/or inspect properties as part of the valuation process
• Assist in the preparation of appraisal reports, with level of contribution toward completion increasing 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

Requirements

• Minimum a 4-year college degree
• Must have a General Appraiser License, Residential Appraisal license, Appraiser Trainee license, or be working toward General Real Estate Appraiser state licensure
• 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)
• 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
• Ability to independently travel to property inspections and for market research

Nice to have:

• Exposure to multifamily or commercial real estate transactions or analytics
• A strong desire to gain an in-depth understanding of various building construction types, flood/environmental hazards, earthquake standards, and zoning conditions, with level of understanding expected to increase over the tenure in this position

About the Company

JPMorgan Chase's Risk Management and Compliance team focuses on keeping the firm strong and resilient, helping it grow its business responsibly by anticipating new and emerging risks.