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Growth Opportunities - good and bad

Executive Director, Technology
Current Employee
Has worked at JPMorgan Chase for 20 years
January 18, 2025
Jersey City, New Jersey
3.0
Approves of CEO
Pros

Mobility, mobility, mobility… there are lots of opportunities to move around and learn different aspects and functions of various industries, not just finance.

Program management, tech, strategic transformation, marketing.

I’ve been here for 15 years and have continued to reinvent myself.

Cons

The firm has some great forward-thinking agendas to separate itself from competitors and continue to stay at the top. However, now more than ever, there is a strong need to cut the fat.

There are too many paper pushers and old-school managers who embody the "work hard" versus "work smart/efficiently/strategically" mentality.

Advice to Management

In order to move ahead and keep up with trends versus being phased out by fintech firms, you need to take a strong and realistic look at your talent pool.

There are way too many directors (across the org and functions) that need to stop making decisions. It's not too hard to pick those folks out.

For example, in technology, you weigh a CTO's budget versus capacity versus deliveries versus impact towards tech reduction and revenue growth. It's quite unfortunate these are the ones who grow through the org while increasing costs that outweigh revenue.

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