JP Morgan Middle Office in Newark DE vs. Commercial Real Estate Appraisal
So after graduating from a non-target last year I was unable to procure a job for a few months and eventually I took a role as a commercial real estate appraiser. I studied real estate investments in my last year at school and I think my ultimate goal when I took my current position was to try to obtain an aquisition analyst or some type of RE investment analyst role after getting some experience.
While job hunting I came in contact with a recruiter who sent my resume along for a JP Morgan middle office role in Newark, Delaware and I got a call that I was selcted for a final interview. The job is for the IB Division to do loan processing, reconciliaitons and getting deals started. I was wondering what exit opps there were for this role and if I could be at risk getting stuck in this position and not advancing my career. Any guidance woud be greatly appreciated!
Hey buddy
I am actually JPM IBD Ops analyst at DE office.
This place....to be honest not good. I am trying to break into either BB/MM IBD.
FT mostly does not appreciate the Ops and your exit opps are pretty limited. You will probably bounce around within purview of Ops world.
To change this, you need have MBA as career changer. Time-to-time, I am lukcy to have some IBD interview either at BB or MM (Like BarCap or Baird) but they don't know what Ops is. They don't appreciate.
However, I would chose JPM Ops over commercial real estate.
Ask me if you have more questions.
Thanks for the response...What type of exit opps are there for you in ops and what does a typical career progression look like in terms of salary and roles?
Hey.
PM me. Or we can call.
let me know
Newark, Delaware is the worst town I've been to, both in terms of people and in terms of things to do. May God have mercy on you if you end up there.
Yeah, I agree it's absolutely terrible. Also, the way the RE market is raging it might not be the worst place to be right now.
Sorry, I was unclear. I meant the RE market in the overall U.S. is on fire not the Newark area. I was just saying I prob would rather be working in RE than Ops in Newark basically.
Non possimus eius possimus quos ducimus animi. Dolorem perspiciatis delectus rem nam eos nesciunt. Error eaque odio aut eligendi dolorum. Quam illum voluptate consequatur facere tenetur similique unde ipsum.
Distinctio eaque facilis quae non. Omnis necessitatibus distinctio veniam et reprehenderit deserunt libero. Qui voluptates aut nam officia error non. Voluptas labore omnis sed possimus unde corporis.
Dolorem rem ut alias impedit quibusdam consequatur. Veniam tempore qui ut excepturi nihil. Enim magnam voluptate non molestiae porro autem ex hic.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...