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Really Big Bank!

Senior Applications Developer
Current Employee
Has worked at JPMorgan Chase for 9 years
June 14, 2013
Chicago, Illinois
3.0
RecommendsNeutral OutlookApproves of CEO
Pros

Top of almost every league table. Cutting-edge financial products. Wide range of business lines. Good technology mix. Some effort to create best practice and architecture across all organizations.

Cons

The corporate environment tends to encourage managers to build little empires, and the politics of these are problematic. Projects that have no point survive because the person in charge has some pull with higher-ups, while projects that have a clear business value die for the opposite reason. There is an upper limit to how high an individual technical contributor can rise.

Advice to Management

Continue to invest in technology as a competitive advantage.

Try to build a more meritocratic culture for the development of projects that have business value.

Kill projects that don't and reallocate those resources to the ones that do, providing challenging, rewarding opportunities for all.

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