JPM Global Corporate Bank - how do they work?
As in the title - I would love to see some insights on how the work is being done by JPM GCB teams and how do they connect with guys from IB.
From what I understood, someone in the position of Vice President / Director in Global Corporate Bank (CIB division, ) is acting as a Relationship Manager for a specific portfolio of clients, usually composed of large corporates (i.e. with a yearly turnover of > USD 1bn) - is that correct?
What is not exactly clear to me is their daily scope of duties and separation from "typical" IB teams (M&A/ECM/DCM). How is they cooperation working on a daily basis?
I understand that the guy from GCB covers products such as RCF/Term Loans/Bridge Loans, FX and markets, cash management, trade finance, export finance, etc. and on the bank's side he is the main point of contact for the CFO or Treasury/Finance Director/Manager at the client's side. If the client is potentially interested in classical IB services, then Corp Banker is facilitating a contact with relevant IB team.
Is this how it works in practice? Or does it look a little different, though?
Any inside info welcome!
Yes you’re exactly right. That’s how it works, though sometimes seasoned IB MD’s have client connectivity
Source: I work in CB, but not JPM
Your understanding is correct, except that you are working pretty closely with DCM too since the product also falls under GCB scorecard.
Source: work at JPM GCB
Would you be willing to shed some light on JPM CB comp, especially at the Analyst/Associate levels? And what is the typical bonus range?
Hi all, anyone has any input on the expected pay range for analyst / associate?
whats the hours like
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