What it does: J.P. Morgan serves four main client segments: corporations and institutions, governments, high-net-worth individuals, and retail clients. It offers a wide range of products and services to these clients, including investment banking, treasury services, asset management, and commercial banking. The firm has a strong presence in all major financial centers around the world.
Mission: J.P. Morgan is committed to building a diverse and inclusive corporate culture. The company looks at every aspect from varied recruiting techniques to training, goods and services, and supplier diversity.
Size and presence: J.P. Morgan is one of the largest banks in the United States. The firm has more than 240,000 employees in over 100 countries.
Best known for: J.P. Morgan is best known for its investment banking and financial services. The firm has advised on some of the world's biggest mergers and acquisitions, and it is a leading underwriter of debt and equity offerings.
The good bits: J.P. Morgan offers a lot of opportunities for career progression and development. The firm is committed to diversity and inclusion, and it has a strong focus on corporate social responsibility.
J.P. Morgan was founded in 1871 by John Pierpont Morgan, an American financier and banker who played a major role in the development of the U.S. economy. In India, it began its operations in 1945 at the iconic Taj Mahal Palace Hotel and moved out of the place at a later stage. The Mumbai office is considered to be the second-largest office for J.P. Morgan. By 2002, the Mumbai office became an important center that provides 24-hour assistance to all the businesses of J.P. Morgan.
As a graduate or intern, one can expect to be challenged from day one. J.P. Morgan is a great place to work for someone who wants to be challenged, have the opportunity to grow, and work with some of the smartest people in the industry.
"We're dedicated to creating a workplace where everyone feels welcome. We strive to do better, but we're pleased with the culture we've established." says the J.P. Morgan company motto for its culture and commitment to career progression.
J.P. Morgan's recruitment process is competitive, and the company receives a high volume of applications and resumes for its programs or full-time positions. These are then carefully reviewed to ensure who will be successful in their respective roles or programs. Interview processes vary by program, but will typically include multiple rounds. Selected applicants will be invited to participate in a video interview. If the application is for a technical position, the candidate may also be asked to complete a series of coding challenges. The videos submitted will be good for 6 months and may be used to apply for similar jobs.
If the candidate makes it to the final round, they will be invited for an in-person or virtual interview to meet more members of the team face to face. If a candidate has been offered a position, the recruiter will contact them to provide all of the information they need about beginning their employment.
Graduates and students may apply for a variety of J.P. Morgan job opportunities on the company's website. These initiatives include school programs and apprenticeships, pre-internships, internships, and full-time. If a person is looking for part-time work to complement their studies after high school, J.P. Morgan allows interesting opportunities. These opportunities can range from week-long work experience programs to full-time roles. These opportunities are typically for high school students, looking to begin their full-time career or gain an insight into the firm and industry prior to finishing school.
The average J.P. Morgan salary ranges from approximately INR 2.0 Lakhs annually to INR 8.0 Lakhs for graduates depending on their skills and the institute they graduated from.
Employee program benefits include:
J.P. Morgan is undertaking significant, long-term, and coordinated efforts to expand access to opportunities for more people. Advancing Cities is a 5-year initiative providing $500 million in funding for solutions that boost the long-term health of cities and communities around the world that have not benefited from economic development. The business has a significant role to play in advancing the shift to a low-carbon economy.