Company: J-P-Morgan
Date: 2018-06-29
Overall rating: 2/5
Employment status: former
Experience level: Junior

Index Calculation Agent - Newark, DE
Pros: - Exposure to financial markets and the operations of an index business
- Opportunity to learn the value propositions of an index business and its implications on the overall strategy for the firm
- Competitive compensation
- Great feedback from people on other teams within the firm regarding their culture, work life and motivation to be an employee.
Cons: - High turnover due to terribly negative work environment. Don't expect to get along with your coworkers; selfishness is the name of the game and all they care about is advancement.
- Local + Remote management made it very confusing in regards to performance/expectations for the role. Also made it extremely difficult to have concerns be addressed (specifically regarding the negative work environment and poor behavior of team members)
- Not much opportunity for additional learning/exposure to the business unless you are a full-time employee; expect to conduct daily/monthly tasks throughout training, and if you're not perfect afterwards don't expect anything more than that.
- Contract position ("try before you buy" seemed quite prevalent in this group in particular). This also leaves little to no room for mobility within the firm unless you become a full-time JPMC employee.
- In addition, contract position means there's no guarantee you'll have a job tomorrow. If you make too much of a big deal about this teams negative environment and team members you'll get let go without any notice. (This is what happened to me.)