Working for JP Morgan is usually a dream come true for many financial workers. Here’s a brief guide on how to start your career at JP Morgan.
JP Morgan is one of the largest and most respected banking firms in the United States and in the world. Together with Bank of America, Citigroup, and Wells Fargo, JP Morgan is one of the “Big Four” US banks.
Obviously, for many people a career in JP Morgan is a dream come true. JP Morgan is not a stepping stone, often being the end goal of one’s career. For this reason, being hired at JP Morgan is extremely challenging and complex, but with enough preparation and motivation, even the impossible can become possible.
What are the career levels at JP Morgan?
Being one of the world’s most important financial institutions, JP Morgan usually hires professionals on call rather than selecting from a pool of applicants. Nevertheless, the career section on their site usually displays some entry-level jobs anyone can apply for. At the moment, a position is open for the role of Outreach & Design Associate at their Washington office.
At JP Morgan, careers are usually divided into six steps from lower to higher. The first two, analyst and associate, are usually open for applications. The other four, assistant vice-president, vice-president, executive director, and managing director, are usually hired from the internal workforce.
How long is the JP Morgan interviewing process?
JP Morgan usually pays the utmost attention when selecting its candidates. The selection process usually takes one or two months to complete, but candidates are notified of the result no matter the outcome.
The selection process at JP Morgan is normally divided into four steps:
- Application and resume: all candidates must send their resume at the time of the application. The best CVs will be selected and enter the next steps;
- Pymetric tests: the hiring staff will send candidates a link to complete a behavioral test. They are usually made of 12 “games”, each with two minutes to complete, that will determine the candidate’s overall personality. At the end of the test, candidates will be assigned one of 90 different traits;
- HireVue interview: this “blind” interview consists of self-recording a video answering some questions provided to the candidate. Usually, there is at least one question on the candidate’s motivation, one on their Pymetric result, and one on current economic affairs;
- Final roud: finally, candidates who have successfully passed each phase will be invited to an in-person interview. This usually lasts 30 minutes and candidates will face at least two interviewers.
Afterward, the JP Morgan team will take its time to review each application and will submit a final decision in a matter of weeks.
