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Banking IT: Good for engineers who like stability and a slower pace

Software Engineer
Former Employee
Worked at JPMorgan Chase for 1 year
April 8, 2023
Dallas, Texas
5.0
RecommendsPositive OutlookApproves of CEO
Pros

Good pay. Great work-life balance. Working 40 hours is an overstatement; it feels more like 20. Coworkers are easy to work with, a mix of young minds and older folks. There are lots of internal resources to educate yourself on different tech stacks, with a good amount of documentation for those who can self-study.

Cons

Have to work with outdated tech stacks sometimes.

Inconsistent decisions from management on some projects. Felt like my project was revised multiple times in one year without a clear path to completion.

Sometimes not enough work to go around. J.P. Morgan Chase is adding a lot of staff and overhead IT-wise, but not everyone is skilled or prepped enough to contribute. Teams eventually get bloated and have to split up.

Culture-wise, very banking-oriented, meaning approvals and decisions need to go through a lot of people. Not ideal for more tech-oriented folks who like the freedom to build and break things fast.

Advice to Management

Put a freeze on hiring, and learn to work more agilely with smaller teams and less overhead.

Work and progress will be faster this way.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
4.0
Compensation and Benefits
5.0
Senior Management
4.0

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JPMorgan Chase Interview Experiences