JPMorgan Chase

Sr. Operations Assoc. - Property Valuations - Lewisville, TX (140068828)

Chase was built by people like you – and we'll need people with your drive, passion and intrepid spirit to take us into the future. You deserve a career where you're a valued member of the team.

Primary responsibility to analyze appraisals and BPO (Broker Price Opinion) valuation reports provided by Third Party Suppliers. Valuation reports are primarily residential and are conducted during the default cycle. Analysis performed is to confirm the valuation products meet company requirements.

The successful candidate will be responsible to consider results of automated and manual assessment processes together with the valuation report content, to determine if the report meets requirements. Decisions must be conducted within required timeframes and in conformance with applicable guidelines and regulatory requirements.

Work performed will include requesting report revisions and communicating effectively with Third Party Suppliers.

Business Description – Default Valuations is responsible for determining acceptability of valuation products in support of business decisions.

Core Competencies

  • Analytical Skills
  • Time Management skills
  • Strong technical skill (including technology used on the job)
  • Customer Service Skills
  • Ability to understand and assess collateral valuation risk
  • Ability to Multi Task
  • Attention to Detail

    Principal Duties and Responsibilities (in order of importance)

  • Identify deficiencies within valuation products and require revisions as needed.
  • Independently verify certain data supplied within BPOs or appraisals, leveraging alternative data sources and assessment tools.
  • Understand and leverage output of collateral risk tools, in performance of functions

  • High school diploma or equivalent is required, business degree preferred
  • 5 years experience as a licensed appraiser (certified residential or general) or 5 years underwriting experience required.
  • Experience analyzing BPO or appraisal product for default related valuation is a plus.
  • Minimum two years of experience in the mortgage lending/servicing business or appraisal

    JPMorgan Chase is an equal opportunity and affirmative action employer M/F/Disability/Veteran.