CIB Credit Risk J.P. Morgan

Hi all! Recently interviewed with JPM's CIB Credit Risk in NYC. Was wondering if anyone has any insights into the full-time comp (base+bonus) for the first-year analyst and also typical career progression for someone who starts this role fresh out of college as well as WLB?

Thanks a lot!

6 Comments
 

Based on the most helpful WSO content:

Compensation:

  • Base Salary:
    • 1st Year Analyst: $85,000
    • 2nd Year Analyst: $90,000
    • 3rd Year Analyst: $95,000
  • Bonus:
    • Not explicitly mentioned, but typically varies based on performance and firm policies.

Career Progression:

  • Program Duration:
    • 2.5-year program.
  • Training:
    • Same summer and full-time training program as investment banking analysts.
    • Additional 3-day (summer) / 1-week credit-specific training.
  • Associate Level:
    • 1st Year Associate: $105,000 base salary.
    • Note: Associate pay is considered less competitive ("shit") and there is no sabbatical.

Work-Life Balance (WLB):

  • Workload:
    • The context does not provide specific details on work-life balance for CIB Credit Risk at J.P. Morgan. However, it is implied that the workload and expectations might be similar to those in investment banking, which can be demanding.

For more detailed insights, you might want to explore further discussions on Wall Street Oasis or connect with current or former employees.

Sources: CIB Credit Risk J.P. Morgan, https://www.wallstreetoasis.com/forum/investment-banking/jp-morgan-private-bank-compensation-ladder-lifestyle?customgpt=1, MBB Analyst comp/hours ?, Credit Analyst Q&A, Credit Analyst Q&A

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