JPMorganChase

The job is mostly analytically based. Looking through transactions, trying to see a pattern of behavior and if anything deviates from whatever you expect to be normal to that customer take action to protect the customer and the banks interests. It involves a deep level of customer service and att...

KYC stands for know your customer. The bank had to submit a file for each client to the government in regards to the ethics of each client and to make sure nothing illegal is going on. So what we did was look through historical activity reports (HARs) and read some information from someone close ...

You’re given a client for me it was a company. We called them Ultimate Parents because they owned multiple company’s underneath them which are called subsidiaries. Your job is to keep the clients profile up to date to determine the risk level either it be high or low. KYC is crucial because we ne...

Analytical background/expertise, some knowledge of excel, why specifically at JP Morgan and not Morgan Stanley or Goldman, and a passion to learn about financial markets. JP is open to hiring from many backgrounds and majors so as long as you express interest and do research, you should be fine.

To better understand this question, it's important to understand exactly where my position falls within the enormous organization of JP Morgan Chase & Co. Consumer and Community Banking is one of the four subdivisions within the organization. CCB has many subdivisions within the organization, inc...

You need to be detail-oriented and capable of reviewing work for completeness and accuracy. As far as raw accounting skills, all you really need is the ability to read a trial balance, book expenses, etc.. This job will teach you the difference between a debit and a credit, but not a whole lot ...

Data entry specialists are responsible for the conversion from a paper application to its digital self. When all such applications that are processed become accepted online, this position will be obsolete for 99% of workers. Until the cheaper, faster, and less liable to error option is found, dat...

Look at a form, usually hand-written, and type the information either exactly as it appears (for certain fields), or determine the best way to input the applicant response. Data entry specialists are responsible for ensuring accuracy and speed, and there are internal metrics that the managers wan...

I just completed the training program this week and most of it was understanding how to work in a large corporation. While working in investment banking you come across a lot of private information so much of the week was devoted to explaining compliance, security programs and penalties for insid...

Since last year there is a tremendous push on automation , hence would suggest that a command in functional language like python is a must. Any experience on Cloud implementation would be if great help Again the skill set required depends on the Job description, prior domain knowledge would be of...

At JPMC the positions for tech start with Technology Analyst for freshers and then goes up many level to become an Associate which is one step close to VP in banking terms. At JP Global Technology division an Associate is a global title and within the line of business you are assigined, you will ...

There are vendor services that provide a corporate actions department with new and updated corporate actions. These can be Mandatory or Voluntary. Depending on how the department is set up, there first may be a person who creates all new cases from the vendor information, enters them into a datab...

The main skill I think is organization. Depending on an applicant’s background (B.S. Finance, Experience in some part of the industry or not) this will go a long way to succeeding. Hopefully, they will have standard operating procedures to follow. Whether things have gone “paperless” by now, I do...

When I was there we worked on a project across operations that created roles called Operations Specialist, Senior Operations Specialist, then Supervisor or Team Leader, Manager, Associate, and so on. My team worked on what it takes to move up from an Operations Specialist to an Senior Operations ...

My role as a credit analyst is basically underwriting auto loans...rendering a decision (approval or denial) when the dealership submits to the bank. I was responsible for taking calls from my dealers in my designated territory and helping them with structuring deals, negotiating rates for the cu...

In the most general terms, a Fund Accountant ensures that the finances of hedge, mutual, or private equity funds are complete and correct. This includes calculating and verifying the value of the assets held by the fund, investor contributions and withdrawals, and any fees charged to the investo...

You need to be detail-oriented and capable of reviewing work for completeness and accuracy. As far as raw accounting skills, all you really need is the ability to read a trial balance, book expenses, etc.. This job will teach you the difference between a debit and a credit, but not a whole lot ...

Upward mobility at JPMorgan Chase is limited. There are very few management openings, and it is unlikely you will progress in that manner. You will not transfer to a more glamourous line of business. The majority of people work as a Fund Accountant for ~1 year and then seek to move elsewhere. ...

This is contingent on which team you will be working with. You should receive some information about what the team does prior to your interview. If it’s not clear what the team does or you have any additional questions, you can share them with your recruiter or ask the actual team members towards...

At the entry level, working in operations / back office will be fairly standard to what you may have experienced in previous jobs or internships: Monday through Friday, 8 or 9 AM to 5 or 6 PM. Some days will be slightly longer than others, and you may have the opportunity to work remotely from ho...