JPM Corporate Banking
Any insights on culture, comp, hours, etc for JPMorgan’s Global Corporate Bank? Specifically HQ coverage.
Any insights on culture, comp, hours, etc for JPMorgan’s Global Corporate Bank? Specifically HQ coverage.
Career Resources
Based on the most helpful WSO content, here are some insights on JPMorgan's Corporate Banking:
Culture: The culture can vary widely depending on the senior people you cover. Some people enjoy it, while others may not. Generally, JPM has an open networking culture.
Compensation: Compensation is generally good, with base salaries around 100/105/110, but they are changing the promotion structure. Bonuses can range from 25%-40% of the base, depending on performance.
Hours: Hours can vary based on workload. Typically, you can expect to work from 7:30 AM to 7:00 PM. However, this can change depending on the specific demands of the job.
Exit Opportunities: Exit opportunities vary. Many people lateral to other parts of JPM like Investment Banking (IB) or Asset Management (AM). Some join family offices, but moving into Private Equity (PE) is rare and usually requires significant effort.
For more detailed discussions, you might want to check out the relevant threads on Wall Street Oasis.
Sources: https://www.wallstreetoasis.com/forum/wealth-management/private-banking-at-jpm?customgpt=1, CIB Credit Risk J.P. Morgan, Banks with best cultures, What is corporate banking?, The Truth about "Hours" at the Analyst Level
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