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JPMorgan Chase & Co.
4.0
based on 6.1k Reviews
Video summary
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
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Working at JPMorgan Chase & Co.
Company Summary
J.P Morgan is a global leader in financial services offering solutions to the world's most important corporations, governments and institutions.
Overall Rating
4.0/5
based on 6.1k reviews
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5% above
industry average
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Highly rated for
Job security, Company culture, Salary
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Critically rated for
Promotions
Work Policy
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Hybrid
66% employees reported
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Monday to Friday
87% employees reported
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Flexible timing
65% employees reported
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No travel
76% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
764 employees reported
Cafeteria
633 employees reported
Job/Soft skill training
513 employees reported
Health insurance
505 employees reported
View all benefits
About JPMorgan Chase & Co.
Founded in1968 (57 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count1 Lakh+
HeadquartersNew York, New York, United States (USA)
Office Locations
Websitejpmorganchase.com
Primary Industry
Other Industries
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View in video summary
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the firm serves millions of customers, predominantly in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally.
We put our customers first, building with their needs in mind, providing worldclass service and growing to reach people, businesses and communities everywhere. We take pride in what we do and care deeply about our customers, communities and each other. We have a culture of teamwork, trust, humanity and humility. We create space for people to bring their full selves to work. We’re distinguished by our capacity to imagine and build. Our innovations are powered by a deep understanding of our customers and clients.
We bring our capabilities and experience to bear on the toughest challenges in the world. We lead with expertise, foresight and fortitude to deliver exceptional results. We face facts and make disciplined decisions grounded in data, with a long-term view. We strive to stand up for what we believe in and do the right thing. Our quality and rigor at scale are unmatched. We attract world-class talent and create an environment where they can thrive. We set high expectations, commit to strong performance and hold ourselves accountable to the highest standards of integrity.
We put our customers first, building with their needs in mind, providing worldclass service and growing to reach people, businesses and communities everywhere. We take pride in what we do and care deeply about our customers, communities and each other. We have a culture of teamwork, trust, humanity and humility. We create space for people to bring their full selves to work. We’re distinguished by our capacity to imagine and build. Our innovations are powered by a deep understanding of our customers and clients.
We bring our capabilities and experience to bear on the toughest challenges in the world. We lead with expertise, foresight and fortitude to deliver exceptional results. We face facts and make disciplined decisions grounded in data, with a long-term view. We strive to stand up for what we believe in and do the right thing. Our quality and rigor at scale are unmatched. We attract world-class talent and create an environment where they can thrive. We set high expectations, commit to strong performance and hold ourselves accountable to the highest standards of integrity.
Mission: Our mission is to enable more people to contribute to and share in the rewards of a growing economy. We believe that reducing inequality and creating widely-shared prosperity requires the collaboration of business, government, nonprofits, and other civic organizations, particularly in the cities and metropolitan regions that power economic growth.
Vision: Our vision is simple and unchanged :- We aim to be the most respected financial services firm in the world, serving corporations and individuals. To that end, it is imperative that we run a healthy, vibrant and responsible company. In addition to traditional banking, we do a lot to help the communities in which we operate, which, in turn, provides the foundation for increased opportunity and prosperity for all. And just to note, while we are proud of the good things we do every day, we are also an organization that acknowledges the mistakes we make along the way, which is important to do. And when we do make mistakes, we own up to them, learn from them and then move on.
AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
JPMorgan Chase & Co. won India’s Largest Employee Choice Awards in Mega Companies Category.
#3 Top Rated Mega Company
#2 Top Rated Company for Women
#1 Top Rated Financial Services Company
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JPMorgan Chase & Co. Ratings
based on 6.1k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
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3k
4
1.7k
3
695
2
291
1
454
Category Ratings
4.1
Job security
3.8
Company culture
3.8
Salary
3.8
Skill development
3.7
Work-life balance
3.6
Work satisfaction
3.3
Promotions
JPMorgan Chase & Co. is rated 4.0 out of 5 stars on AmbitionBox, based on 6.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at JPMorgan Chase & Co.
based on 5.8k reviews
3.9
Rated by 2.1k Women
Rated 4.0 for Job security and 3.8 for Company culture
4.0
Rated by 3.7k Men
Rated 4.1 for Job security and 3.9 for Company culture
Work Policy at JPMorgan Chase & Co.
based on 858 reviews in last 6 months
Hybrid
66%
Work from office
32%
Permanent work from home
2%
JPMorgan Chase & Co. Reviews
Top mentions in JPMorgan Chase & Co. Reviews
+ 5 more
Compare JPMorgan Chase & Co. with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.0/5 based on 6.1k reviews | 3.5/5 based on 1.2k reviews | 3.7/5 based on 1.5k reviews | 4.3/5 based on 3k reviews |
Highly Rated for | Job security Skill development Salary | No highly rated category | No highly rated category | Job security Work-life balance Company culture |
Critically Rated for | Promotions | Work-life balance Job security Promotions | Promotions Job security Skill development | No critically rated category |
Primary Work Policy | Hybrid 66% employees reported | Work from office 85% employees reported | Hybrid 92% employees reported | Hybrid 92% employees reported |
Rating by Women Employees | 3.9 Good rated by 2.1k women | 3.3 Average rated by 451 women | 3.7 Good rated by 502 women | 4.3 Good rated by 953 women |
Rating by Men Employees | 4.0 Good rated by 3.7k men | 3.7 Good rated by 675 men | 3.7 Good rated by 943 men | 4.3 Good rated by 1.9k men |
Job security | 4.1 Good | 3.1 Average | 3.1 Average | 4.6 Excellent |
View more
JPMorgan Chase & Co. Salaries
JPMorgan Chase & Co. salaries have received with an average score of 3.8 out of 5 by 6.1k employees.
Team Lead
(5.6k salaries)
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₹5.6 L/yr - ₹16 L/yr
Analyst
(2.6k salaries)
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₹6.5 L/yr - ₹25 L/yr
Software Engineer
(2.5k salaries)
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₹10.4 L/yr - ₹35 L/yr
Senior Associate
(2.3k salaries)
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₹12.9 L/yr - ₹52 L/yr
Associate Vice President
(2.1k salaries)
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₹13 L/yr - ₹48 L/yr
Assistant Vice President
(2.1k salaries)
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₹16 L/yr - ₹45 L/yr
Operations Analyst
(1.6k salaries)
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₹2.6 L/yr - ₹12 L/yr
Senior Software Engineer
(1k salaries)
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₹13 L/yr - ₹48 L/yr
Financial Analyst
(1k salaries)
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₹5.4 L/yr - ₹19.1 L/yr
Senior Analyst
(977 salaries)
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₹4.5 L/yr - ₹19 L/yr
JPMorgan Chase & Co. Interview Questions
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JPMorgan Chase & Co. News
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BofA CEO: Over-Regulation Bars Customers From Banking System
- Bank of America (BofA) CEO Brian Moynihan said it is over-regulation of banks and not political bias that is causing customers to be barred from the banking system.
- Moynihan stated that interpretations of anti-money laundering regulations, such as the Bank Secrecy Act and know your customer (KYC) rules, put a burden on the banking system and force the closure of customer accounts.
- Both Bank of America and JPMorgan Chase have denied restricting customers based on their politics, and Moynihan attributed the issue to the need for clearer and more comprehensive regulatory frameworks.
- The lack of clarity and overlapping regulations make it difficult for financial institutions to take on high-risk clients, leading to customer account closures.
Pymnts | 26 Feb, 2025
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Jamie Dimon says to quit if you don't like his RTO demands. Some of his tech workers might do just that.
- JPMorgan Chase's technology-driven approach is facing resistance from its tech workers due to the bank's RTO stance, leading some to consider leaving or organizing against the policy.
- The controversial RTO mandate threatens the retention of top tech talent at JPMorgan, as employees voice discontent over the inflexible return-to-office policy.
- CEO Jamie Dimon's remarks about the RTO policy have sparked discontent among employees, with some exploring job opportunities elsewhere.
- Recruiters and insiders warn that companies enforcing rigid five-day office rules risk losing tech talent, highlighting the importance of offering flexible work arrangements.
- JPMorgan's tech workforce, consisting of nearly 60,000 employees, plays a crucial role in the bank's tech advancements, such as AI and quantum computing.
- The bank's AI initiatives and substantial tech budget have positioned it as a leader in technology innovation, but its RTO policy is causing concerns about talent retention.
- Companies with flexible work policies are attracting tech talent, while those imposing strict in-office requirements may face talent attrition.
- JPMorgan's rigid RTO decision has triggered discussions of unionization and a unified response among tech employees, potentially impacting the bank's talent pool.
- Employees like Nicolas Welch, who questioned Dimon on the RTO policy, are advocating for hybrid work schedules to balance work and personal responsibilities.
- The rushed and unplanned rollout of the RTO policy has raised concerns among employees about office readiness, capacity constraints, and uncertainty about job security.
Insider | 26 Feb, 2025
Is this 32-year-old a brilliant founder, or a deceptive fraudster?
- The criminal trial against 32-year-old fintech startup founder Charlie Javice began, as JPMorgan Chase alleges she helped fake millions of customers to induce the bank to buy her company.
- Fintech Varo has closed $29 million of a $55 million Series G funding round while its founder Colin Walsh stepped down from the CEO position.
- Crypto exchange Bybit experienced a theft of around $1.4 billion worth of Ethereum from one of its offline wallets.
- Coinbase announced that the SEC has agreed to drop the lawsuit against the company with prejudice, indicating a more crypto-friendly approach under the Trump administration.
TechCrunch | 26 Feb, 2025
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Five Reasons Why You Shouldn't Buy Coal India Dips: JPMorgan
- JPMorgan cut Coal India's target price, citing weak pricing and demand outlook.
- The brokerage cited multiple headwinds to earnings growth, including softening international thermal coal prices and weak power demand growth in India.
- JPMorgan maintained a 'neutral' rating on Coal India Ltd. and lowered the target price from Rs 430 to Rs 395.
- According to JPMorgan, there are no immediate catalysts to trigger a reversal in coal prices.
Bloomberg Quint | 25 Feb, 2025
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Stock Recommendations Today: IndiGo, SBI Cards, Airtel, Coal India And Zomato On Brokerages' Radar
- Brokerages are closely observing stocks like SBI Cards, Trent, IndiGo, Bharti Airtel, Coal India, EPL, Zomato, and Prestige Estates today.
- Goldman Sachs maintains a 'sell' rating on Indus Towers and Vodafone Idea, while reiterating a 'buy' rating on Bharti Airtel with a raised target price.
- JPMorgan maintains a 'neutral' rating on Coal India, citing reasons not to buy the dip in stock prices.
- Goldman Sachs is bullish on Trent, expecting store sales ramp up and strategic growth in the business.
- Goldman Sachs also recommends buying shares of IndiGo Airlines due to strong domestic traffic and capacity expansion prospects.
- Morgan Stanley suggests an 'equal-weight' rating on SBI Cards, highlighting growth in January spend and market share.
- Nomura maintains a 'buy' rating on EPL, citing a positive stake sale to Indorama and long-term benefits for minority shareholders.
- Bernstein remains positive on Zomato, expecting continued growth and profitability in the medium term.
- Citigroup lowers the target price for Prestige Estates but maintains a 'buy' rating, anticipating delays in new launches.
- The article focuses on various stock recommendations and insights from brokerages to guide investors on the latest market trends.
Bloomberg Quint | 25 Feb, 2025
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Jamie Dimon says he hopes DOGE is successful because the US government is 'not very competent'
- JPMorgan CEO Jamie Dimon expressed support for efforts to make the government more efficient and effective.
- Dimon believes the government is inefficient, not very competent, and needs significant improvement.
- He hopes that the Department of Government Efficiency (DOGE) will be successful in reducing spending and improving efficiency.
- Dimon also supports the Trump administration's deregulation stance, viewing the US as over-regulated.
Insider | 25 Feb, 2025
JPMorgan Chase CEO Jamie Dimon Backs DOGE’s Efforts
- JPMorgan Chase CEO Jamie Dimon supports the Department of Government Efficiency (DOGE) in its efforts to improve the federal government.
- Dimon stated that the government is inefficient and needs improvement, particularly in terms of outcomes, spending management, and monitoring federal agencies.
- He hopes that DOGE is successful, but also mentioned that if it oversteps its authority or engages in illegal activities, it will be stopped by the courts.
- DOGE's extensive access to sensitive data, mass layoffs, and question of potential conflicts of interest have raised concerns, even as it claims to have saved $50 billion in government spending so far.
Pymnts | 25 Feb, 2025
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Jamie Dimon defends viral town hall comments: 'I'm not against work from home. I'm against where it doesn't work'
- JPMorgan CEO Jamie Dimon defended some of his previous comments on DEI and WFH.
- He clarified that he is not against work from home but against where it doesn't work.
- Dimon acknowledged his faults and defended his stance on pulling employees back to the office five days a week.
- He also expressed his commitment to reaching out to diverse communities despite finding certain DEI efforts wasteful.
Insider | 25 Feb, 2025
JPMorgan Spending Additional $50 Billion on Private Credit Effort
- JPMorgan Chase is allocating an additional $50 billion for its direct lending efforts in the private credit market.
- Private credit is expected to become a $3 trillion business by 2028.
- JPMorgan has already deployed over $10 billion across more than 100 private credit transactions in the last four years.
- Banks, including JPMorgan, are forming partnerships with investment firms to expand their presence in the private credit market.
Pymnts | 25 Feb, 2025
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Frank Fraud Trial Begins With Accusations of Lies From Both Sides
- The trial of Charlie Javice, the founder of college financial aid startup Frank, has begun in Manhattan.
- Javice pleads not guilty to securities fraud, wire fraud, bank fraud, and conspiracy charges.
- Prosecution alleges Javice lied about the number of customers to JPMorgan Chase during the acquisition of Frank.
- JPMorgan claims it was tricked, while Javice's defense argues the bank performed extensive due diligence.
Pymnts | 24 Feb, 2025
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JPMorgan Chase & Co. FAQs
When was JPMorgan Chase & Co. founded?
JPMorgan Chase & Co. was founded in 1968. The company has been operating for 57 years primarily in the Financial Services sector.
Where is the JPMorgan Chase & Co. headquarters located?
JPMorgan Chase & Co. is headquartered in New York, New York. It operates in 3 cities such as Bangalore / Bengaluru, Mumbai, Hyderabad / Secunderabad. To explore all the office locations, visit JPMorgan Chase & Co. locations.
How many employees does JPMorgan Chase & Co. have in India?
JPMorgan Chase & Co. currently has more than 55,000+ employees in India. Engineering - Software & QA department appears to have the highest employee count in JPMorgan Chase & Co. based on the number of reviews submitted on AmbitionBox.
Does JPMorgan Chase & Co. have good work-life balance?
JPMorgan Chase & Co. has a Work-Life Balance Rating of 3.7 out of 5 based on 6,100+ employee reviews on AmbitionBox. 76% employees rated JPMorgan Chase & Co. 4 or above, while 24% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read JPMorgan Chase & Co. work-life balance reviews for more details
Is JPMorgan Chase & Co. good for career growth?
Career growth at JPMorgan Chase & Co. is rated as moderate, with a promotions and appraisal rating of 3.3. 24% employees rated JPMorgan Chase & Co. 3 or below, while 76% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading JPMorgan Chase & Co. promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in JPMorgan Chase & Co.?
Working at JPMorgan Chase & Co. comes with several advantages and disadvantages. It is highly rated for job security, company culture and salary & benefits. However, it is poorly rated for promotions / appraisal, based on 6,100+ employee reviews on AmbitionBox.
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