A dumping ground for others’ problems - Private Bank Client Service J.P. Morgan Employee Review

1.0
Sep 26, 2020
Recommend
CEO approval
Business Outlook

Pros

Good peers Pays well Has bonus incentives

Cons

Like my title states, this role is nothing more than a dumping ground for problems you had nothing to do with in the first few place. Your front office partners are almost always self-titled, unhelpful, and won’t hesitate to throw you under the bus. They will blame you for anything that goes wrong, if that’s their prerogative. Management is mostly burned out men in their mid-40s so there’s essentially zero diversity. When something bad does happen, the motto is usually “before we do anything to fix this, first we gotta figure out who’s guilty.” It’s practically unwritten policy. My advice? Don’t chase the money. This job could potentially ruin your enthusiasm for finance altogether. After five years of service I was laid off without an explanation. Don’t ever think for a minute that that business cares about anything but the bottom line. I wish none of this was true because it’s a sad microcosm for the finance industry as a whole. But unfortunately it’s all true. I don’t want anyone to make my mistake. Go with a company that has a history of treating their employees well.

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5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Top tier company with growth opportunity

Cons

The expectation to work 40+ or passed your normal shift as an exempt employee was common among peers and management.

3.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

1. One of the best banks, heavy on tech and AI, that makes my life simple 2. Bonus is consistent every year 3. The company is highly social and multicultural. 4. A lot of training program to upskill and develop.

Cons

1. A lot of administrative items to take care of, a significant portion is spent on meetings, meetings are called to establish an agenda for next meetings, and so on. 2. Layoffs, all year round- sometimes significant, while in the middle of delivery. If your manager is off-site/ another city/country, you are more likely to be impacted. 3. Departments may have skewed gender or racial ratios. It is best to stay away to avoid discrimination (to be fair, this has less to do with culture and more to do with who the head of the department is).

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