Company: J-P-Morgan
Date: 2016-08-16
Overall rating: 3/5
Employment status: former

Finance jobs at JPMorgan
Pros: Brand recognition, smart people, lots of learning resources, most diverse bank on the street.
Cons: Working Finance at JPMorgan is the definition of a dead end job. It should be called reporting and not finance. I was in a multitude of finance teams in my time there. They all sucked. The hope is that if you are smart enough you can use networking and connections to get into a front office role. That is what happened for me and I secured a sales gig in the IB. The problem is if you move internally they still do not pay you like you should be getting paid so I left after a year with a front office title to boot. HR at JPMorgan is probably the worst there is at big banks. JPMorgan bleeds highly talented individuals because there is no pathway for actual smart people to get into the roles they deserve to be in. It took me 5 years and an unrelenting attitude, in hindsight I shouldve left JPMorgan much sooner. The name resonates though and it made me stick around longer in a terrible reporting role doing grunt work in the hopes of "making it" at JPMorgan. Mobility is a buzzword there but thats all it is a buzzword. You really have to network your butt off to get out of a finance or controller type of role. Now the big thing, PAY. Pay in these roles is absolutely horrendous and there is not prospect of a pay day working at JPMorgan. Your only option is to leave and come back if you care that much about working for the name. There is no pathway for talent to be rewarded financially wile staying internal. Everything is based on percentages and your increases will top out at 5-6% on total comp at most. That is if you are lucky. This is not just hearsay, this is the experience of 99% of everyone that works in a finance role at JPMorgan. If you really like finance/accounting then go join a small company and be a part of their corporate finance group. You will learn a whole lot more and be much more appreciated