JPMorgan Chase & Co. Risk Management & Compliance Department Salaries in Mumbai

Likes

compensation benefits

Dislikes

bureaucracy, zero support from local /onshore leaders cut-throat competition amongst senior leaders to jostle for hurried promotions sacrificing organizational goals mindless number of meetings and foreigners visit impacting your daily tasks.

Likes

Before I write down anything let me clear my perspective. My reviews is completely based on my role in Operation Risk Management profile and it might differ from others. Work life balance is just what we need. No need to set your expectations low. They promote family time, activities for mental strength, there us flexibility in work timings, no micro management in terms of log in, log out and working hours. The appraisal is another factor which is very motivating. It is actually above industry standards but the best thing about it is that it’s consistent. During covid aa well they paid the fair share, when its peers did not paid more than 5% JP was giving more than 10%. Next is about the work culture. As it spans through various countries your colleagues might be from different countries and thus you get to learn a lot about how different culture work. My manager is in New York, US and I am baaed out in Mumbai, India but still there are virtuL programs as well. The learning ability which JP provides is immense. They constantly motivates you to upskill in your career. They have their own learning portal which provides you access all the learning from tech, finance, AI, machine learning etc.

Dislikes

...ion as it makes you more comfortable and thus thats the only thing which I hate. If you get use to the environment you would never think to grow in terms of compensation.

Likes

Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.

Dislikes

Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.

Likes

Jp Morgan provides the best in class inclusivity and job security and competitive compensation along with perfect work life balance and a culture that makes you feel like making it the only company you would ever wanna work for.

Dislikes

The thing I disliked was the interview for internal job postings. Whilst they do multiple interviews but they still open job requisition in accordance to the person they have in mind.

Likes

JP MORGAN brand Transport facility if you take Insurance Hybrid - that too controlled

Dislikes

...like and don’t worry if anyone resigns and goes Pay is too less. 8% is avg hike. Even after 6-7 years your salary will be 10-11 lpa Office poltics, favoritism too much Better look for something else out.