Real Estate Appraisal Lead - Vice President

JP Morgan

Location: Greater London

Job Type: Full time

Last updated

Be brave, not perfect.
- Reshma Saujani

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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 Role

As a VP / Real Estate Appraisal Lead, you will be responsible for the commissioning, review and analysis of external valuations for secured lending transactions throughout the EMEA & APAC regions.

This will involve determining the appropriate scope of work for the valuation assignment, selecting / engaging qualified independent valuers and reviewing the valuation reports to ensure compliance with JPMC policies, local / international regulations and professional valuation standards.

Key elements of the review process are ensuring the quality of the valuation reports and the reasonableness of valuation conclusions – you will be required to carry out both quantitative & qualitative analysis.

Your particular area of focus will be large portfolio assignments, but also large commercial assets and prime residential assets when required. You will be comfortable with analysing and consolidating Excel data tapes, stratification analysis and identifying the appropriate scope of work.

Responsibilities:

  • The role requires strong project management skills and advanced Excel knowledge.
  • This is a key role in an experienced team. It will involve direct daily contact with the Origination and Credit Risk teams, plus colleagues in the US.
  • You will also need to be confident in dealing with senior valuers at the major consultancies throughout Europe and imposing good quality reporting.
  • Depending on the location of assets, you may be asked to attend site inspections abroad.
  • You will also be given other ad hoc assignments for other parts of the Bank involved with Commercial / Residential Real Estate.

Requirements:

  • RICS qualified real estate professional (other designations beneficial i.e. MAI or API)
  • University degree – preferably in real estate/surveying
  • Extensive experience in valuing/analysing commercial/residential real estate in key EMEA or APAC markets. Experience in international real estate markets, in particular southern Europe, is an advantage
  • Experience of handling/analysing large amounts of data using Excel, as well as familiarity with cash flow models.
  • Excellent analytical and communication skills, both written and oral
  • Solid Argus skills - knowledge of Argus Enterprise & Developer
  • Flexible team worker with ability to manage priorities/multitask effectively in a busy environment
  • Must be a self-starter, able to drive projects to completion often under tight timelines.
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