Anyone know if JP Morgan is sponsoring H1B visas for international students this cycle? I tried searching all over for a campus recruiting email ID, but nothing pops up. Can someone please advice if I would be eligible to intern at JP Morgan within IB as an international student needing future work authorization based sponsorship?
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Don’t know about this yr since I’m done with recruiting. But they have not been sponsoring new graduates, including internships for the past three years in IB. You can lateral there if you have H1b visa tho.
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So this basically implies that we can use the 3 year OPT to work at JPM, but they won't file for our H1b. So we would basically have to leave after 3 years, or if we lateral after 2 years of an analyst stint we would only have one shot at the h1b lottery. Jeez, thats sad
This is not true. Half my group at JPM is international and they do lottery the moment you join. What it means is we will only hire international students with 3-year OPT. We've had situation in the past with 1 year OPTs and if they don't win the lottery its just fucked. Hence HR moved to 3 year OPT to guarantee at least 3 tries (or 6 as long as this double lottery scheme continues)
As a former JPM SA, to my knowledge it was only SA 2022 in recent years that explicitly said they would not sponsor people needing OPT. In the previous summers they allowed OPT students and I saw on SA 2023/2024 postings that they allow OPT students again which means you are eligible for the internship as an international, given you are studying in the US.
If you get a FT return, you start work FT using the OPT when you join. If your undergrad degree qualifies for the STEM OPT, you get an additional 2 years (3 years total) working on OPT post-grad. This is the OPT extension that the job posting talks about.
At the same time, when you join, HR usually files you for the next H1B lottery ASAP. If you have the STEM OPT you get 3 tries for the annual lottery. As an undergrad, you get approx. 1/3 chance of getting it each time (higher probability if you have grad degrees, tiered by masters/PhD/etc).
If you can't get the H1B after 3 tries, you legally can't work in the US anymore when your OPT runs out. Some exemptions are if you're a citizen of a country that qualifies for a special indefinite temporary US work visa (e.g. Canadians/Mexicans on TN). Otherwise JPM may transfer you to London or you do your own thing somewhere else. Either way you have to leave the US or plan ahead and marry a US citizen right out of college as a safety net LOL
Hope this is helpful and please let me know if I got anything wrong.
I understand that they accept OPT, but they explicitly mentioned that they don't provide "immigration sponsorship." Another user mentioned that this is for the summer analyst position. Does this mean that they were sponsoring H1Bs for the summer internship before? Seems unlikely to me. I thought the summer and FT position have the same sponsorship guidelines
I'm confused on what you're asking about. If you are applying for a summer internship, you just need to be eligible for OPT to work over the summer. Yes, JPM won't sponsor H1B for the summer because that's not necessary if you have OPT – which you should if you are an international student studying in the US as that's part of your student visa.
To my knowledge, sponsoring the H1B work visa comes after when you start FT, which is a different program. They have done that in the past and I know many juniors who are internationals (lots of laterals from India) so that shouldn't be a problem. To be sure, you'd have to check with HR on that.
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