Company: J-P-Morgan
Date: 2015-12-25
Overall rating: 3/5
Employment status: current

Banker Analyst
Pros: High pay, great benefits, job security. 3 year defined program. Managers act as "coaches" to refine your communication skills. Access to large amounts of JPM proprietary market analyses.
Cons: Long hours (6:45am-9:00pm); Private Bank is inundated with bankers/investors hired because they come from wealthy families and therefore have a network of wealthy friends who will invest their money at JPM; culture is extremely hierarchal (as an analyst you are expected to be the first in the office and the last to leave, even if you completed your work); daily work has shifted from analytical to monotonous paperwork as new banking regulations have tightened compliance standards