J.P. Morgan logo
345 Park Avenue
New York, NY 10154
(212) 270-6000

Overview

Introduction

J.P. Morgan is one of the top banking firms to work for in the world. Its highly respected internship program provides students with substantial hands-on experience and the ability to interact with clients and senior bankers. Full-time staff receive strong formal and informal training, plenty of mentoring opportunities, and internal mobility options.

Company Stats


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Employer Type

Subsidiary

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Size

10,001+ Employees

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Featured Rankings

Vault Banking 25


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Major Office Locations

Atlanta, GA

Vault Verdict

Note: The firm did not participate in our 2023 Banking Survey; all employee reviews are from our surveys in previous years.

J.P. Morgan is one of the top banking firms to work for in the world, as well as one of the most prestigious. As such, the firm is looking for candidates who are highly intelligent, analytical, and motivated; show strong interpersonal and analytical skills; have excellent communications skills; and are team players. The firm runs a lauded internship program that prepares students for full-time employment, while providing them with substantial hands-on experience, and the ability to interact with clients, attend educational sessions, and network with senior executives.

F...

About the Company

J.P. Morgan is the investment banking unit of global financial services behemoth JPMorgan Chase & Co., which as $3.8 trillion in assets and more than 250,000 employees. JPMorgan Chase is the product of the 2000 merger between J.P. Morgan & Co. and the Chase Manhattan Bank. In 2008, the combined firm famously picked up the ailing and storied investment bank Bear Stearns. Today, J.P. Morgan is widely recognized as one of the most prestigious investments banks on Wall Street. It is among the top underwriters of global debt and equity underwriting volume on Wall Street, and one of the leading investment banks when it comes to global M&A deal volume.

J.P. Morgan’s main units include mergers and acquisitions, debt and equity markets, and corporate financial advisory. The main industries that the firm serves includ...

Employee Reviews


  • “Philanthropy, volunteerism, work/life balance, and physical and mental health are all emphasized in corporate communications. The on-site health center, cafeterias, and coffee shops are all great amenities. But at the end of the day, we need to be on call if a client needs us, so occasional late nights and early mornings are part of the job.”
  • “There is a very strong work ethic at the firm and one that requires you to be on call 24/7. However, this expectation is because people are truly invested in the firm and our clients, so it is for the right reason.”
  • “It is important to check in frequently in the evenings and on the weekends, but you can do that remotely. Face time is not an issue as long as you respond to important issues when they arise.”
  • “Everyone is very relaxed about and encouraging of using all of one’s vacation days, and we are allotted very generous amount of vacation days. People are respectful of family commitments and flexible schedules. There is lots of client interaction at a very early age. But a BlackBerry culture requires constant connectivity outside of work. Hours are often very tough. The firm promotes work/life balance in theory, but in practice everyone is stretched very thin. Stress levels are high.”

Getting Hired Here


  • “We have a very seasoned interview process in place. There are target schools for the company, but candidates can always get in if they proactively reach out to employees of the company. Ideal candidates are very analytical, have great attention to detail, and are able to hold intelligent conversations with clients. They must also be up to date with current events, and have an opinion on the economic outlook for geographic locations, different financial asset classes, and individual companies.”
  • “A substantial amount of recruitment comes from concentrated campus recruiting. Typically we emphasize (1) well-rounded backgrounds, (2) good personality, (3) interest in markets, (4) ability to learn quickly. There is less emphasis on already-learned technical skills coming into this practice.”
  • “We are looking for candidates that are committed, show strong interpersonal and analytical skills, can communicate effectively both in writing and orally, are team players, and are not afraid to work long hours.”
  • “I interviewed on campus, so the process was simple. We’re looking for someone who is passionate about markets, works well in a team environment, is a good communicator, and pays a close attention to details. Given the relationship aspect of the business, we generally prefer someone who is outgoing and can converse well across a multitude of topics.”

Perks & Benefits


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