JPMorgan Chase Hiring Process: Job Application, Interviews, and Employment
The hiring process at JPMorgan Chase involves various stages, including the job application and interview processes that you will be expected to complete to be employed by the Company.
Please, continue reading to learn more about how to successfully gain employment at JPMorgan Chase.
JPMorgan Chase Company Overview
JPMorgan Chase & Co is the aftermath of the merger of several large U.S. banking corporation including Chase Manhattan Bank, J.P Morgan & Co, Bank One, Bear Stearns, and Washington Mutual.
It became known as J.P Morgan Chase & Co after the merger of JP Morgan & Co and Chase Manhattan in the year 2000.
JPMorgan Chase is an American multinational investment and financial services Bank in the business of providing various investment banking and financial services covering investment banking, asset management, private banking, private wealth management, treasury services, and credit card services, as well as retail and commercial banking services.
It is categorized as one of the Big Four Banks along with Bank of America, Citigroup, and Wells Fargo and has its head office in New York City.
According to S&P Global, JP Morgan Chase & Co is classed as the largest bank in the United States and the sixth largest bank in the world on the basis of it total assets worth US$2.73 trillion.
JP Morgan Chase & Co is also ranked as the world’s most valuable bank by market capitalization.
The JPMorgan Chase Hiring Process
If you are desirous of joining the JP Morgan Chase workforce, we have provided detailed information on their hiring process below:
- Job Application
Submitting an online application is the first step in the JP Morgan Chase hiring process.
It requires that you fill out your information at their website online, upload your resume, cover letter, and any other supporting documents you would like to provide.
After tendering your application, you’ll be sent a confirmation email to notify you that your information has been received.
There is also an option of applying via your LinkedIn® profile. It takes few steps, click on the LinkedIn logo when you get to the application screen and follow the directions.
When you follow this route, your information will be automatically transferred into the company’s system.
2. Initial Interview
A JP Morgan Chase recruiter or human resource professional may contact you if you have the relevant skills for the job position, to discuss your work history and other relevant sections of your resume, answer any questions you have, and possibly set up an initial interview.
To excel in this stage of the interview, it is important that you know the details of your resume and be prepared to discuss how your work experience would benefit the company in the role you have applied for.
3. In-person Interview
If you succeed on the phone interview, you will be selected for an in-person interview, which will likely hold at the job location.
Depending on the position you have applied for, the interview may be a one-on-one or a group session interview, and you may be required to undergo several in-person interviews.
But there will be ongoing communication if you have to attend more than one interview, to keep you informed.
This stage of the interview is more thorough than the initial interview, so you should be ready to confidently and precisely demonstrate the value you are bringing to the team.
Here are some of the JPMorgan Chase interview questions you may be asked:
- Could you tell me about yourself?
- What’s your supreme strength you’ll bring to Chase?
- Is there a time you have provided great customer service, tell us about it?
- What is your career goal in JP Morgan Chase in five years?
- Why are you interested in this job at JP Morgan Chase?
- Tell us something unique you did in your current job to go above and beyond?
- Can you give an illustration of doing what’s right in the face of adversity?
- Why should JP Morgan Chase hire you?
- What real difference did you make at your current employment?
Tips to prepare you for an in-person interview at JP Morgan Chase & Co
To excel on the interview day, here are a few things you can do:
- Study your resume and prepare real-life instances such as prior work experiences, team situations, and innovation on your current employment that are beneficial to the role you’re applying for.
- Show how you will contribute new ideas to the position.
- Provide honest and convincing response to questions.
- You can request for the contact information of those you met.
- Send thank-you emails to people that participated in the interview process.
4. Hearing form JPMorgan Chase after the Interview
The hiring committee has the responsibility of evaluating candidates and making a decision, and if you are successful you will be contacted not too long after.
However, during the waiting period, you are free to reach out to your point of contact with any follow-up questions.
5. Pre-employment Checks
Before you can resume work officially, you will be pre-selected to undertake a number of pre-employment processes which must be performed by all JP Morgan Chase employees.
The checks include various background checks, fingerprint processing, drug screening, as well as several onboarding forms.
They form part of the qualification and must be completed successfully.
There may be additional pre-employment screening criteria required for certain roles but it will be duly communicated.
JP Morgan Chase jobs and Careers
There are several career opportunities available at JP Morgan Chase and here are some of them:
- Commercial Bank Financial Control Associate
The commercial bank financial control associate is responsible for managing the monthly consolidation of the organization’s income statement and balance sheet and partakes in all aspects of generating the monthly financial flash report.
They are also responsible for the integrity of financial results, developing, and maintaining financial reports and schedules, as well as control post-closing entries and consolidation adjustment.
They will also perform finance-related duties in support of business controllers, middle office, and operation areas.
- Business Analysis & Reporting Associate
These employees are primarily responsible for defining, monitoring, and reporting key management metrics; executing and managing dashboards at the employee, team, and department levels.
They are also responsible or interacting with stakeholders to understand diverse reporting requirements and provide leadership in simplifying the execution of data management and reporting processes.
They must also guarantee appropriate staffing levels in anticipation of expected volume patterns by designing a headcount capacity and forecasting model, and undertake any other task assigned.
- Employee Customer Service Specialist
The employee customer service specialist is responsible for delivering superior employee
experience across various HR services covering payroll, policies, regulations, employee benefits, annual employee certifications, and more.
They are also responsible for following established processes and guidelines in executing all job functions and they carry out inbound/outbound phone activities in support of HR functions and employee inquiries.
Their job description requires that they offer support to former and current employees as well as potential new hires.
- Data & Finance Business Analyst
The data & finance business analyst is responsible for three primary duties; working with Business Users to define business needs, collaborating with Enterprise Developers to translate requirements into technical specifications and document the requirements.
In addition to documenting requirements, they are also responsible for system and process analysis to develop solutions to real business problems.
To work in this capacity, it is crucial that they have exceptional collaboration and communication skills.
- Wealth Management: Private Banker
The wealth management private banker is responsible for identifying and increasing client relationships within the high net worth or ultra-high net worth market.
They function as the brand ambassador, leading new client acquisition and retention effort through a broad knowledge of investments, banking, trust services, and financial planning.
The primary responsibility of the private banker is to generate new clients and manage the ongoing client experience while engaging the firm’s resources (capital, material, and human) to deliver a complete wealth management solution to clients.
- Marketing Analytics Manager
The marketing analytics manager is responsible for providing solutions to complex business problems.
They are responsible for utilizing deep quantitative and qualitative analysis to influence growth and marketing initiatives of consumer-branded cards businesses, including Freedom, Slate & Sapphire.
The incumbent in this position must be a self-motivated strategic thinker and influencer with strong quantitative and research skills.
What to Expect Working at JPMorgan Chase
JP Morgan Chase is a great and stable place to work; it provides an opportunity for learning and development, career mobility and growth.
They also value the people working with them providing benefits, including health insurance, medical/dental coverage, and time-off, and other huge perks.
However, the large size of the company may pose a little challenge; there are lots of internal policies and procedures to learn.
JP Morgan Chase has a simple and straight forward procedure for joining their workforce but requires thorough preparation on your part to prove that you will bring value to the table.
We have provided details on the JP Morgan Chase hiring process to help you prepare and ace the interview, and greatly increase your chances of securing your desired job.