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Commercial Bank Risk - Review Appraiser Sr - Encino, Irvine or Culver City CA

Job Description

J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Information about J.P. Morgan is available at http://www.jpmorganchase.com/.
 
Job Description
To establish adequacy of appraisals of multi-family and/or commercial properties for real estate related transaction decisions in accordance with internal policies/procedures, industry standards and regulatory requirements. Appraisals not deemed adequate require modifications by the appraiser, corrections by the Real Estate Review Appraiser or rejection of the appraisal. May include assisting the immediate supervisor managing the office operations. Incumbent may engages 3rd party vendors to prepare appraisal reports on real property offered as collateral in connection with various loan transaction requests; reviews and analyzes reports upon receipt for compliance with federal and state regulations including FIRREA and USPAP, as well as for reasonableness of value conclusion.

Complex assignments, diversified duties and manage the coordination of related assignments are typical. Sound judgment and independent decision making are required.

Qualifications:

  

  • Requires a 4 year college degree, a State Certified General Appraiser License and a minimum 10 years experience appraising and or reviewing appraisals of multi-family and/or commercial properties.
  • Ability to analyze properties with extremely complex characteristics.
  • Experience reviewing appraisals for financial institutions is preferred.
  • MAI designation from the Appraisal Institute or equivalent credential is preferred.
  • Strong analytical and writing ability.
  • Strong oral communication skills are required.
  • Must be proficient in Word and Excel, and Argus is preferred.
  • Must be self-motivated and manage time efficiently to meet service level deadlines.
  • Deep knowledge of local real estate metro areas and neighborhoods and good understanding of other markets served.
  • Understanding of various building construction types, flood/environmental hazards, earthquake and zoning conditions.
Req #: 160035169
Location: Encino, CA US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: US Dollar (USD)

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