Commercial Bank Risk-Real Estate, Specialist

New Hyde Park, New York, United States


Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

The Valuation Services Group (VSG) provides 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. VSG maintains compliance with appraisal regulations and requirements of the Firmwide Credit Policy, the Office of the Comptroller of the Currency and Financial Institution Reform, Recovery, and Enforcement Act (FIRREA).

VSG consists of two appraisal groups: Commercial Term Lending (CTL) Appraisal and Appraisal Services Group (ASG). VSG is comprised of seasoned real estate professionals and offer a range of real estate valuation services including appraisal, review and evaluations for use in conjunction with real estate transactions.

A successful candidate's essential job duties include
  • Process appraisal service requests in accordance with policy and procedure.
  • Proactively stage incoming service requests to satisfy service level agreements and to ensure completeness and accuracy of request and related files for Appraisal and/or Review team process to begin.
  • Constructively interact with various Lines of Business to facilitate expeditious handling of requests for valuation services for stand-alone transactions and portfolios.
  • Track workflow status and quality issues for their assigned tasks.
  • Processes invoices to ensure completeness of accounting records and prompt vendor payment.
  • Will troubleshoot routine issues and escalate more unique issues for resolution, as appropriate.
  • Promote a client and service-oriented organization and takes the initiative to address the needs of internal clients.
  • May participate in relevant projects and business process assignments commensurate with skills.

  • Two or more years of related work experience, preferably in a residential or commercial loan production environment, or a comparable appraisal support role.
  • Self-motivated individual who consistently displays urgency, conscientiousness and ownership of assignments.
  • Ability to accurately complete well-defined assignments in a fast-paced work environment work with minimal supervision. Attention to detail is critical.
  • Can communicate professionally both verbally and in writing with all levels of associates (e.g., partners and review teams).
  • Adaptable staff member who can function well when priorities shift or pace of work varies.
  • Ability to exercise independent judgment to escalate issues when needed.
  • Competent with Outlook, Word and Excel. Knowledge of the Accounts Payable (SAP) and appraisal management systems is preferred.

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.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

Equal Opportunity Employer/Disability/Veterans

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