J.P. Morgan Reviews in New York, NY

Updated August 25, 2014
Updated August 25, 2014
3,809 Reviews

3.4
3,809 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,035 Ratings

Review Highlights

Pros
  • Work/Life balance - Not just banker hours, but also a supportive management group (in 189 reviews)

  • Great benefits and always tried to improve the work environment for there employees (in 162 reviews)


Cons
  • Work-life balance may be sacrificed due pending on business priorities (in 203 reviews)

  • Long hours, Projects were not always tested to the fullest before implementation (in 165 reviews)

More Highlights

596 Employee Reviews Back to all reviews

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  1.  

    Great overall experience

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

    I have been working at J.P. Morgan full-time for more than 5 years

    Pros

    great people and team - people are friendly and intelligent

    Cons

    strict trading policy and rules - hard to implement new ideas

    Advice to ManagementAdvice

    N/A

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Take advantage of internal mobility

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

    I worked at J.P. Morgan full-time for more than 5 years

    Pros

    A multinational behemoth with a diverse range of opportunities and challenges to tackle, JPMorgan touches almost all financial services domains, so there ought to be someone doing something you are interested in, from technology to strategy to product development to operations to compliance.

    Most managing directors are well-rounded and interested in identifying and developing talent for their organizations.

    Once on board, it's imperative to actively grow your network because paths will cross unexpectedly.

    Cons

    JPMorgan is similar to what Winston Churchill said about the US during WWII, in that they "will do the right thing in the end, but only after they have exhausted all other options."

    From a cultural standpoint, the bank is conservative, so radical changes will take time to implement and low ranking staff will see the need long before steps are taken by senior management to implement the strategy, usually after the competition has tried and failed.

    Advice to ManagementAdvice

    Upper management is almost certainly not reading Glassdoor, waste of time.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good experience though lots of red tape

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

    I worked at J.P. Morgan full-time for more than a year

    Pros

    There are a lot of institutional resources that help employees learn skills on the job. Having a global platform also gives opportunities to move around.

    Cons

    Work life balance is of no concern to managers
    Getting things done or having systems changed is hard with so much red tape

    Advice to ManagementAdvice

    You're facing a talent exodus in your investment banking division. You need to implement work life balance improvements or young professionals will continue to prefer buy-side or tech-sector jobs.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Culture Clash

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

    I have been working at J.P. Morgan full-time for more than 5 years

    Pros

    High talent. This company can attract a lot of new talent easily based on its industry reputation. If you have a fairly new manager 2-5years in their role, you will have a great learning and inclusive experience

    Cons

    There are a lot of people/managers (Bear heritage) that stay in there role to long. They become micro managers and expect you to know what they know in 6months to a year. They are very bitter people to work with

    Advice to ManagementAdvice

    Positive mobility needs to be encouraged and addressed to managers in their role for 10yrs+ to foster fresh thinking and new direction

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    intern

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

    I have been working at J.P. Morgan as an intern for less than a year

    Pros

    good pay, good work life balance

    Cons

    not enough assigned work. i had to ask for it

    Advice to ManagementAdvice

    --

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Amazing summer internship

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

    I worked at J.P. Morgan as an intern for less than a year

    Pros

    Summer Analyst Program in CIB -

    Great support from MD's and even group heads
    Access to senior management, all the way up to Jamie
    Challenging tasks that force you to learn and build upon prior knowledge
    After work events, parties, etc felt Summer Interns feel that they are invested in.

    Wouldn't choose to work at any other bank, hands down.

    Cons

    Long hours kept interns at the office pretty late.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Best summer internship possible.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Summer Analyst  in  New York, NY
    Former Employee - Investment Banking Summer Analyst in New York, NY

    I worked at J.P. Morgan as an intern for less than a year

    Pros

    Hands down the best investment bank out there: intelligent, down-to-earth colleagues that create a great culture, access to the best exit opportunities, and the list goes on and on.

    Cons

    While senior management looks to implement and support junior banker initiatives, the culture of the industry will always have a questionable work-life balance, although it is improving.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Pretty decent workplace, good benefits and reasonable office culture.

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

    I have been working at J.P. Morgan full-time for more than 5 years

    Pros

    Good benefits, good office culture (abusive behavior would be quickly addressed). I learned about management and breaking tasks down to their smallest components for delegation, which has been helpful in later work.

    Cons

    I was in a support department, so there was essentially zero chance of advancement. Company was not supportive of growing into other areas. I may have stayed there if there had been more opportunity.

    Recommends
    No opinion of CEO
  10.  

    If you have to be at a bank, not too bad

    Current Employee - Business Analyst  in  New York, NY
    Current Employee - Business Analyst in New York, NY

    I have been working at J.P. Morgan full-time for more than a year

    Pros

    Great senior leadership in Jamie and his board, lots of vacation time. Good benefits for healthcare, stock options, 401k. If you can find the right people and network, there are a lot of interesting opportunities throughout the bank.

    Cons

    Like any large company, key is finding the right people to work with. Can be hard to move up quickly, culture is still very old fashioned. A lot of legacy technology and increasing restrictions.

    Advice to ManagementAdvice

    more career development for entry level talent

    Positive Outlook
    Approves of CEO
  11.  

    The bank is excellent to work for

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

    I worked at J.P. Morgan full-time for more than 8 years

    Pros

    Company cares you are not a number

    Cons

    Scheduling is not flexible for each person

    Advice to ManagementAdvice

    Treat employees equal instead of favorites

    Recommends
    Positive Outlook
    No opinion of CEO

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