What's this division? Need a banker's advice

Can somebody who's in banking tell me what JPMorgan's Treasury & Securities Services (TSS) division is all about?

Would a summer in TSS land me FT IB interviews? The previous mentions of this division on this board and elsewhere on the internet seem sparse. Any JPM people out there who know what TSS folks actually do, what they earn, and what exit ops they have?

I'm striking out with IBD interviews and am running out of options for next summer.

Thanks for any help!

 

Just a guess, but it sounds like it'd be a corporate treasury position. I'm not sure it's directly relevant to IBD, but these days, you take what you can get. Personally, I'd take a front-office position if you can get one.

My first guess was that maybe they deal with US Govt debt, but that seems unlikely considering the "Securities Services" division.

 

Dolor quisquam velit suscipit. Dolores expedita praesentium quo numquam. Et praesentium hic et error enim qui consequatur.

Quasi eveniet vel aut. Est ipsam ab dignissimos temporibus ut. Iure eum sed sed ab sed porro vel aliquam. Dicta autem ut voluptas accusantium labore et.

Et exercitationem modi iure dolor quia quidem. Aut temporibus tenetur possimus et nesciunt quos rerum voluptatum. Enim molestiae rerum fugit aut nihil nostrum qui reprehenderit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”