J.P. Morgan reviews

3.9

72% would recommend to a friend

(24,007 total reviews)
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Jamie Dimon

78% approve of CEO

76% positive business outlook

J.P. Morgan has an employee rating of 3.9 out of 5 stars, based on 24,007 company reviews on Glassdoor which indicates that most employees have a good working experience there. The J.P. Morgan employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

24K reviews
1.0
Jul 21, 2016
Recommend
CEO approval
Business Outlook

Pros

The benefits package is good, lots of options for extra health, dental, ... coverage. The offices in Glasgow are located right bang in the centre of the city - a great location. Vast majority of people are doing their best in difficult circumstances. The volume of work is pretty low - see cons section for some comments on this but it does mean time pressure is not really a problem. If you are a 20-something looking for a graduate job then it's likely a great career move.

Cons

I should say at outset that I had previously only wokred in science and technology, for around 20 years.. Starting as a VP at JPM I was simply amazed at the state of their technology. This is how technology used to be the in 1980s, they simply haven't moved forward. so it's close to 20 years behind the technology curve, a ton of manual work. The vast majority of the "technologists" have no significant background in real technology - mostly working (hard) up the greasy pole. "Building their network" is most people's priority, meant in the making personal connections sense. If you know what words like "socket", "latency":, or "character encoding" mean you will be massively in the minority. There are a zillion IT groups, each split into L1, L2, and L3, and each responsinle for a minute sub-section of the overall IT landscape. My team was 25+ people. In previous environments that should have been a team of 4-6, but such a team would not wokr a JPM - the systems are simply not stable enough. The whole place seems to work without any solution architects, so many "solutions" are not fit for purpose. A project owner typically leave a project once it reaches "operations", shortly after a farce of a process called "Permission to Operate" and a half-hearted KT session, and therefore there is no effective accountability. Change Management is even worse. Typially 50-100 people need to approve each change, so whoever initiated it is responsible for chasing people to click a button on a ITSM-tool, which of course most eventually do without even reading a word. Since there is no accountability it does not really matter, so its just a chore that slows an already slow system down even further. I was there 5 months - in that period the onboarding process had not yet been completed. which sort of says it all. Everyone there for a long period of time is sort of used to it being as it is, and just accepts it. Tech savvy people dont hang around long - it's simply too frustrating.

4.0
Mar 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Nice team, and good boss. The pay is industry average and it is a large company that has access to many resources

Cons

The AWM requires 3 years to complete regardless of your achievements and back office and front office analyst are paid the same base even the stress level is different I believe

1.0
Jun 29, 2015

Horrible place to work

Recommend
CEO approval
Business Outlook

Pros

Good brand name on CV makes it easier to get another job Was hiring during recession

Cons

Toxic unfriendly work environment Staff poor mental health prevalent, not surprising its the suicide capital of investment banking

Viewing 196 - 198 of 24,007 Reviews

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