Commercial Risk -Senior Review Appraiser- Residential, Vice President at JPMorgan Chase Bank, N.A. in Downers Grove, Illinois

Job Description:

To establish adequacy of appraisals of complex residential properties for real estate related transaction decisions in accordance with internal policies/procedures, industry standards and regulatory requirements. Incumbent will engage 3rd party vendors to prepare appraisal reports on real property offered as collateral in connection with various transaction requests; will review and analyze reports upon receipt for compliance with Federal and State regulations including FIRREA and USPAP, as well as for reasonableness of value conclusion. Appraisals not deemed adequate require revisions by the appraiser or rejection of the appraisal by the Review Appraiser. Participate in monitoring market and development risks. Coordinate relationships with appraisers and provide appropriate guidance in order to ensure integrity of the valuation process. In conjunction with management, support the external audit process with additional information and clarification as needed. Participate in management meetings and assist immediate supervisor in managing the office operations and training less experienced personnel. Lead or participate in key projects (e.g. complex assignments, diversified duties and management of related assignments are typical) and specialized research. Sound judgment and independent decision making are required.

Qualifications:

Experience - Requires a 4 year college degree, a State Certified General Appraiser License and a minimum 10 years' experience appraising and/or reviewing appraisals of high-end residential property types for high net worth clients. Ability to analyze properties with extremely complex characteristics. Project and people management experience preferred. SRA designation from the Appraisal Institute or an equivalent advanced education is required.JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans