JP Morgan Graduate Scheme in the UK - Interview Tips and How To Get Hired

JP Morgan Graduate Scheme Key Information

Headquarters

10 Aldermanbury, London, EC2V 7RF

Sector

Banking

Size

Over 260,000 employees in over 60 offices worldwide, turnover of USD $89.660 billion in 2011.

Grad Salary

From £35,000 - £42,000.

Pros and Cons

Pros

Strong focus placed on training and development at all stages of an employee’s career.

Diversity given a high priority across the business.

Management roles highly regarded and great positions to aspire to.

Cons

Career progression can sometimes be dictated by time within the firm rather than ability.

JP Morgan Graduate Scheme Overview

JP Morgan recruits from the top universities around Europe, so you can be sure of a testing application process from start to finish.  With so much of their work being cross border, being comfortable speaking a second language could be a deciding factor.  In terms of a degree, any subject is accepted so long as you’ve achieved high grades across the board.

The business are looking for creative, quick thinking minds and rate this as highly as academic accomplishments, so you’ll need to bring out the entrepreneur in you to be successful.

Successful candidates are placed into an intense two week training program in London, before flying out to New York.  Upon completion of this, JP Morgan gives all candidates an area of responsibility and sends you out to work.

JP Morgan Graduate Scheme Interview Tips

JP Morgan tend to interview more ambiguously than other top banking firms. Their recruitment team will ask you general questions rather than looking to get specific answers from you. Don’t allow yourself to fall into the trap of answering complacently. Ensure you turn every single answer into one focussed towards the business, your reasons for wanting to work there and why you’re the person for the job.

JP Morgan Overview

JP Morgan are a global provider of financial services, and are the largest banking institution in the United States. The business offers a comprehensive package of financial and professional services solutions, with operations and clients in over 100 countries around the world. JP Morgan’s core business principle is based around listening carefully to their clients’ and delivering them first class results to meet their needs.

JP Morgan have built a reputation throughout the world, not just in banking, which sees them today one of the most respected and trusted businesses on the planet.

JP Morgan Locations

JP Morgan’s United Kingdom headquarters is situated in London, with further operations in Bournemouth and Glasgow.

The international headquarters of the business is at 270 Park Avenue, Manhattan, New York City, U.S.

JP Morgan also have a prominent international presence, with notable offices in Geneva and Vancouver.

JP Morgan Future Salaries

Career and salary progression can be thwarted within JP Morgan, due to a promotion policy which rewards long service as much as it does ability and achievement.

Salaries with JP Morgan are typically at or slightly below the industry average.

Example salary brackets include;

- Business Analyst £40,000 - £70,000
- Senior Associate £50,000 - £75,000
- Sales & Trading Associate £72,000 - £78,000
- Asset Management Vice President £84,000 - £92,000