JP Morgan Corporate Client Banking and Specialized Industries Salary + Bonus, Career Progression

Can anybody offer any insight into J.P Morgan Salaires for Corporate Client Banking and Specialized Industries and how they progress from analyst to associate and so on

 
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Think of it as LevFin + IB + random one offs (CFA, DCM/IGF, Credit, Ratings). Many groups within CCB are different (some do more levfin, some more IB, some more treasury). Fundamentally, all are levfin based groups. You have direct exposure to IB in many of the CCB groups and are sometimes cross staffed. However, it does not get the best reputation since not many people understand the position itself since it is very JPM specific. Note you are series 79 and 63 licensed and train with IB (at least for now that’s how it is).

Base is same as IB, bonus is about 40-50% of base (note IB bonus is ~70-90%) depending on bucket. Hours vary but can be 60-65 sometimes but can easily bleed into IB territory at 80-100+ when on something live (in some situations you may find analysts working IB hours for months on end if credit is very active).

Exits vary but are primarily top credit funds (ares, apollo, kkr, oaktree) with some small PE shops and corporate finance positions as well.

Overall great group if you want to go to credit, but not so great for other exits (although doable).

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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