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Great benefits and great people, but be prepared for a lot of bureaucracy

Applications Developer Lead
Current Employee
Has worked at JPMorgan Chase for 6 years
June 2, 2013
Columbus, Ohio
4.0
RecommendsPositive OutlookApproves of CEO
Pros

Great benefits, including a 401K match and pension plan. One of the most stable banks.

Cons

Bureaucracy: Sometimes slow to react to changing market conditions. A lot of regulations and audit work.

Technology can be very advanced in some areas, like mobile technologies, but very outdated in others (punch cards and mainframes).

Advice to Management

Invest in technology. Foster greater communication and cooperation between LOBs.

Embrace firm-wide solutions for common problems instead of allowing each LOB to have their own versions of common solutions (CRM, etc.).

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