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JobsJPMorgan Chase

Risk Management - Real Estate Appraisal, Senior Associate

JPMorgan Chase

Risk Management - Real Estate Appraisal, Senior Associate

JPMorgan Chase

Schaumburg, IL, United States, US

·

On-site

·

Full-time

·

1mo ago

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.

Job Summary

As a Senior Real Estate Appraiser in the Valuation Services Group, you will leverage your expertise to deliver high-quality appraisals for multifamily and mixed-use commercial properties. You will collaborate with a dedicated team, receive comprehensive support, and gain hands-on experience that prepares you for future opportunities within our firm. Together, we ensure our appraisal reports meet rigorous quality standards and drive excellence in real estate valuation.

Job Responsibilities

  • Appraise 5+ unit multifamily residential, mixed-use, and commercial properties to estimate market value for financial related transactions in accordance with internal policies/procedures, industry standards and regulatory requirements (USPAP & FIRREA)
  • Interview Real Estate market participants for rent and sales surveys, and analyze subject properties
  • Manage time effectively to meet service level deadlines
  • Understand building construction types, flood/environmental hazards, earthquake and zoning conditions (as pertinent)
  • Perform administrative tasks that support the commercial real estate appraisal process
  • Make risk-based decisions and collaborate with stakeholders to ensure appraisal reports are complete, accurate, credible, and reasonable based on sound real estate methodology
  • Apply sound real estate appraisal methodology to all assignments

Required Qualifications, Capabilities, and Skills

  • Bachelor’s degree from a four-year college
  • State Certified General Appraiser License
  • At least 3 years of experience appraising multifamily residential, mixed-use, or commercial properties
  • Strong analytical, business writing, and oral communication skills
  • Excellent critical thinking and problem-solving abilities
  • Computer/technology knowledge as well as a proficiency in MS Word, Excel and Outlook (Microsoft Office Suite)
  • In-depth knowledge of local real estate market trends and neighborhoods
  • Commitment to ongoing development of market knowledge and awareness of national real estate trends

Preferred Qualifications, Capabilities, and Skills

  • Experience with Discounted Cash Flow programs and methodologies
  • Background in appraising properties for financial institutions
  • Designation qualifications is a plus

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

Recommend to a Friend

Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study