J.P. Morgan Reviews

Updated July 7, 2015
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3.4
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J.P. Morgan Chairman, President, and CEO Jamie Dimon
Jamie Dimon
1,950 Ratings

Pros
  • They actually hold women's meetings to talk about how to achieve work life balance (in 243 reviews)

  • Great benefits including a pension (in 207 reviews)

Cons
  • Work-life balance was not so good (in 262 reviews)

  • Very long hours (had to come in at 7 in the morning) (in 197 reviews)

More Pros and Cons

5,538 Employee Reviews

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  1. Helpful (8)

    Analyst

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

    I worked at J.P. Morgan

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good people, good network, good vibe

    Cons

    Long hours, treated like dirt


  2. THINGS TO KNOW ABOUT CHASE

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan

    Recommends
    Recommends

    Pros

    At JPM Chase there was a tremendous amount of growth. I enjoyed the different roles I held at Chase and the opportunity was always there. Chase is a great company to be employed by.

    Cons

    Very few downsides at Chase. They have a very very strict policy for zero tolerance for an underwriter and at time that can be a little stressful. Trying to meet deadlines with the Department of Justice and and zero errors via quality check.

    Advice to Management

    Accomplishments:

    Successfully completed modifications for the borrowers whom were slightly delinquent to borrowers that were severely delinquent. Modifying the original contract to bring the borrower current with lower payments and a more comfortable and affordable Interest Rate.
    **My career begin as a Mortgage collector. Assisting borrowers who were 30 to 180 days past due. Upon my tenure at Chase I have moved to several different job functions, Executive office where borrower complaints were escalated to our department. Then moving on to mortgage modification Underwriter until a reduction in force came in October, 2014.


  3. Helpful (2)

    AML/KYC Officer

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company is large so there are lots of jobs posted and the opportunity to move around is there--it's not terribly difficult. The key is networking, which is abundant. Being internal gives you a better idea of the job titles and salary ranges available for various jobs. If you're applying from the outside it's an undecipherable corporate maze. There's lots of groups and internal resources. The company has some nice perks for events and activities in and around NYC. There are lots of JPMC office buildings and each has its own culture. The HQ at 270 Park Ave is super flashy (which some like and some don't) and has a nice employee cafeteria and an internal Starbucks. There are on site nurses, doctors, physical therapists and lots of other services available for employees. The culture of work/life balance and all other such things depends solely on the Line of Business (Commercial Bank, Investment Bank, Asset Management, etc). The Retail Bank is probably a standalone entity that cannot be compared to any of the other lines of business because it is incredibly different and distinct. Most people in Commercial Bank seem to be the happiest and most content with their colleagues even if they don't particularly care for their job. But that's what the internal job referral site is for. Move on! Move up!

    Cons

    Large corporate maze. Moving around can be hard to do because corporate titles are hard to understand even internally. There are tens or even hundreds of thousands of people in some Lines of Business making it very hard to know what people really do. There are a TON...absolute TON of middle managers. Just managers in charge of other managers who really shouldn't be employed but were moved or shuffled from some other reorganized area and ended up being a manager of managers. Pay is not as high as the competitors like Goldman, but JPMC is so much larger that it wouldn't make economic sense for that to be he case (this doesn't apply to Investment Banking, as that is a different animal).

    Advice to Management

    Be competent. Learn the job from a technical aspect so that you can contribute and not just read spreadsheets and charts. Don't be afraid to promote top talent. At least you'll keep them in the bank and add some levels of competency to the bank. Otherwise the truly smart people will seek employment elsewhere.


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  5. Customer Service Rep

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good Work Environment, learned a lot.

    Cons

    No Cons. Nothing worth mentioning at this time.

    Advice to Management

    Keep up the good work


  6. Pretty good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at J.P. Morgan

    Pros

    You get to meet many customers, some whom you grow close to!

    Cons

    The pay could be better


  7. Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at J.P. Morgan full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good opportunities for movement, friendly people and a positive environment to grow.

    Cons

    Salary, hours, and technology burdens in getting things accomplished. Though typically of a large bank.


  8. Vice President Analytics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Salary, Benefits , Easier in terms of commute

    Cons

    Long hours, Tight Deadlines and Lot of Bureaucracy

    Advice to Management

    Don't try too hard, Reduce Bureaucracy


  9. Assistance Vice President (Senior Java Developer)

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good company to work if you are within a good group and good manager.
    Good benefit and work life balance.

    Cons

    Could be sometimes too large and one can get lost in the mix

    Advice to Management

    Get to know your good performance and do not treat everyone the same.


  10. Helpful (1)

    A fascinating place of extremes

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at J.P. Morgan full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    True general management experience is readily available at this company early in one's career. The range of topics that you deal with as a manager is so vast that at times you cannot believe it. The breath-taking level of scale and complexity at this company creates a steady flow of superb problem solving and general management challenges. Indeed, these challenges are so plentiful that you will trip over them on the way in to work each day if you aren't careful.

    Cons

    (1) Everything is a priority, so nothing is a priority.
    (2) Far too many managers value speed over the end-product itself. The company survives because the deep and experienced middle management veterans prevent the seniors and the noobs from making too many mistakes.
    (3) The pace is relentless.

    Advice to Management

    Reprint the Manningham-Buller transcript and send it to every manager at the Bank. Shortly thereafter, Executive management should have a frank conversation with senior management about whether they have the sort of 'truth tellers' that Manningham-Buller was talking about.


  11. Okay

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at J.P. Morgan

    Pros

    Great co workers, bonuses, good staff enviornment

    Cons

    Stagnant mobility and pay. Entitled customers



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