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Good job stability/security, but red tape, old-school corporate culture, and questionable pay

Associate Mainframe Engineer
Current Employee
Has worked at JPMorgan Chase for less than 1 year
September 2, 2021
Jersey City, New Jersey
3.0
Pros

Good job stability; there's always work that needs to be done.

Very strong company (Industry leader).

Get to work on projects that impact the global economy at both macro and micro levels (e.g., retail and wholesale technologies).

Cons
  • Stressful environment driven by deadlines instead of actual capacity, budgeting, resources, and people.
  • They don't keep up with the market rate of salary growth or reward backend technologies with compensation, especially if you stay too long.
  • Slow pace of change due to bureaucracy.
  • The usual cons of banking corporations: you're just a number/resource, lot of red tape/policies that restrict personal and salary growth, and an old-school culture and mentality.

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JPMorgan Chase Interview Experiences