J.P. Morgan

  www.jpmorganchase.com
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quant analyst

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Quantitative Researcher  in  New York, NY
Former Employee - Quantitative Researcher in New York, NY

Pros

+very huge company
+very strong team

Cons

-very huge company
-very strong team
)))

Recommends
Neutral Outlook
Approves of CEO

Other reviews for J.P. Morgan

  1.  

    Sales oriented

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    High ceiling for earnings with commissions

    Cons

    Sales culture. Lots of pressure by managers

  2. 2 people found this helpful  

    Poor Management - Under Trained Staff & Lack of Tools to Perform (Default Servicing/Foreclosure)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Senior Specialist  in  Columbus, OH
    Current Employee - Operations Senior Specialist in Columbus, OH

    Pros

    Some co-workers can be great to meet, but this can be true of any company - hardly unique to Chase.

    Cons

    From my years of experience, a majority of managers I've met are unqualified and favoritism runs rampant. Managers push for results, but do not push to support their workers in training, tools, or procedures. Raises are abysmal (1-2% per year). It is not uncommon for new hires to start at higher wages than people who have stuck with Chase for 5-10 years and people actually leave the company only to come back as a way to get a decent raise in pay.

    Most opportunities are going to be a lateral move, which means you aren't advancing within the company. Advancement opportunities are almost non-existant, at least in Columbus, OH. It also is not uncommon for a position to be posted, with someone already picked out for the position. Some hiring managers just accept token resumes to reject them for their HR requirement. There are a lot of ridiculous requirements on postings, that honestly are not related to the job duties at all.

    Advice to ManagementAdvice

    Listen to your employees. Support them and provide what they need to actually do a good job.

    Focus on something other than Excel spreadsheet numbers. If you are going to just focus on those numbers at least learn what they really represent. Learn how to pull and filter reports correctly before jumping on your employees. As I've found it is not uncommon for a manager to have an astounding lack of understanding regarding Excel, please realize that the internet can provide detailed instructions (free) on how to use MS Office products.

    Quit making the same mistakes over and over again. If something was screwed up and didn't work a year ago and you improve the system, don't go back to the old broken system because it was easier and call it a new direction.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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