There are newer employer reviews for J.P. Morgan

 

Decent place to get a start

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Relationship Banker in New York, NY
Current Employee - Relationship Banker in New York, NY

I have been working at J.P. Morgan full-time (more than an year)

Pros

Largest Bank. Great Benefits. Great Culture (Very dependent on branch). Great opportunity to grow personally and professionally. Ability to build very strong relationships with clients and co-workers.

Cons

Some managers are very old fashioned. Favoritism is evident. For a "financial institution" there are too many unprofessional employees AND not enough employees that care about the financial well being of clients.

Advice to ManagementAdvice

Be proactive in developing your workforce on the retail side. Don't be "cheap" with time or money. Invest in stronger training programs that last longer than 3 days. Live your values, help clients with difficult situations. The rule book shouldn't be the only answer, being flexible when necessary can make a world of difference.

Recommends
Positive Outlook
No opinion of CEO

4153 Other Employee Reviews for J.P. Morgan (View Most Recent)

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  1.  

    Worked for 11 years in customer service and learned a great deal

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan

    Pros

    Its a big company so there are many opportunities available and plenty of areas for advancement. The company does take care of their employees and there great perks.

    Cons

    Its a big company so it is east to get lost in the shuffle of a big company. Because it does deal with the financial industry a lot of regulations are involved that need to be followed.

    Advice to ManagementAdvice

    I think the office culture is great and I do think that team building is important to keep cohesion within teams.

  2. 1 person found this helpful  

    Not what you would expect.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - AML Analyst- KYC in Newark, DE
    Current Employee - AML Analyst- KYC in Newark, DE

    I have been working at J.P. Morgan full-time (more than an year)

    Pros

    Reputable name and people outside of banking seem to hold it to high esteem because it's the biggest bank.

    Cons

    Disorganization - Everything changes every week and managers lack serious competency; you cannot seek their expertise (b/c they lack any). Loyalty/Compensation- Management will try to low-ball individuals over their salary and have employees perform management functions without any extra pay. Additionally, the pay is below the industry average. Location- Newark and Wilmington, DE are less than desirable and living in a major metropolitan city (i.e., Philadelphia) is unrealistic now that the 495 is shut down. Talent pool- very weak in the DE market and new employees are getting paid higher wages b/c of this, causing discontent among the workers who have been their longer and possess a higher skill-set. Worker morale- Management presses for unrealistic numbers and there are rumors of/actual layoffs every month or two.

    Advice to ManagementAdvice

    Hire a legitimate consulting group to come in and determine re-organization needs. Have the consulting groups reduce redundancies - there are numerous redundancies and lots of waste (labor-cost wise). Have management re-apply for their jobs. Move out of the DE locations - you get what you pay for remaining in a weak talent pool.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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