About JP Morgan
JP Morgan Chase & Co is an American multinational investment bank that provides a number of financial services across the world for global corporations, governments and institutions as well as private clients. In the UK, JP Morgan has regional headquarters for Europe, the Middle East and Africa (EMEA) in London, as well as offices in Bournemouth, Glasgow and Edinburgh.
In the UK, JP Morgan offers the following financial solutions:
- Investment banking
- Treasury Services and Trade
- Merchant Services
- Prime Services
- Asset Management
- Private Bank
Working at JP Morgan has many benefits, including a comprehensive pension plan, health and life insurance and employee wellbeing programmes as well as flexible working policies and exclusive discounts on banking and shopping. In addition to this, high salaries and cash bonuses are offered.
JP Morgan has five core values that help it to become a sought-after employer, such as:
- You can make a difference
- Your creative thinking will go a long way
- You can build the career you want
- Your learning never stops
- You're a member of our team
Career Paths at JP Morgan
There are roles available across the EMEA area for experienced professionals, with consistent updates on the JP Morgan careers website. However, JP Morgan offers a substantial number of programmes for early careers aimed at students and the recently graduated.
- School programmes and Apprenticeships - aimed at college students and school leavers, these programmes range from week-long work experience to a full-time combination of learning and earning with a permanent role to follow.
- Pre-Internships - these programmes are aimed at university-level students, especially those that are typically underrepresented in the financial industry and are a range of events and programmes that last from one day to a few weeks.
- Internships - for undergraduates in the penultimate year of study, an internship is a paid opportunity to work at JP Morgan for a period of 10-12 weeks in the summer. Some internships are also available for postgraduate students, as well as those studying for a PhD or an MBA.
- Graduate - this is a 24-36 month programme in your chosen business area that focuses on development of talent, suitable for undergraduates, postgraduates, PhD and MBA students.
JP Morgan application process
The application process at JP Morgan is simple and straightforward in general; an application is followed by interviews and then an offer - but there are a few more stages needed for early career options that are highlighted below.
All the open roles and student/graduate programmes are advertised on the JP Morgan careers site, so you can choose from those to apply for. Students can apply for up to three programmes at once.
As a student, if you are unsure of which programme would be most suitable for you, the pymetrics Program Navigator could help. This is a gamified assessment that will take your inherent behaviour, cognitive ability and social skills to suggest some programmes tailored to you.
If there are no open opportunities that you are interested in, you can join the Talent Network to be informed of new roles that come up.
The online application is a simple form to capture your contact details and a space to upload your CV.
If your qualifications, skills and/or experience match the requirements for the role or programme you have applied for, you might be asked to complete a Pymetrics assessment which is the next stage of the recruitment process.
Online Assessment - Pymetrics
JP Morgan works with Pymetrics to provide a gamified aptitude assessment that consists of 12 behaviour based neuroscience games. Each part of the game is assessed to objectively measure a candidate's social, cognitive and behavioural attributes to allow the recruitment team to see beyond your CV.
In these assessments, there are no right or wrong answers - the recruiters are looking at the way you tackle the tasks, rather than the results.
You will receive an email invitation to play the game if your application passes the basic requirements for the role, and it is best practice to complete the test as soon as possible so that the results can be considered alongside the rest of your application process.
Each game in the assessment lasts just 2-3 minutes, and although you cannot pause the game while it is in progress, you can take a break and come back in between games.
At the end of the assessment, your results will be shared with the hiring team, and you will receive a personalised report about the talents you already possess. You will have details about your social, behavioural and cognitive attributes including how these might manifest in the workplace, and some helpful tips to use for your own personal development.
Pymetrics assessments are usually only used for early talent applications, and if you have already completed one of the gamified tests for another employer in the last year, you will be able to use those results rather than completing the game again (your results are valid for 330 days on the Pymetrics system).
JP Morgan video interview
The next stage in the recruitment process is a video interview. This involves recording answers to a number of questions, rather than being 'live'.
HireVue provides an on-demand video interview platform for JP Morgan and the information from your video interview will provide an additional data point for your application.
During the video interview, you will be asked 3-5 competency-based questions, and the interview usually only takes about 10 minutes in total. Your answers can be up to two minutes in length, and you can re-record your responses once if you are unhappy.
The responses will be viewed by the recruitment team, so it is important that you get the tech and the details right. You need to make sure there is adequate lighting so that you can be seen, and the video and audio quality is good enough so that your answers can be clearly seen and heard.
To give yourself the best chance, you can practice using the platform on the HireVue site - this allows you to see where you might need to make adjustments to your audio and video. This could be the first time that the recruitment team has seen a candidate in person, so dress as if it was a face-to-face interview, look at the camera rather than the screen, and bring your experience to life.
The final interview is a face-to-face meeting with some of the JP Morgan team that you are likely to be working with - this might be with one or more people. Depending on the role and the situation, this might be in-person at one of the JP Morgan offices, or virtually through a video conferencing platform.
During this interview, you will be asked a number of questions about your behaviours, your technical knowledge and skills, and some questions about how you would deal with certain job-related situations. These questions will be based on the information in your CV and the experiences you outlined in your video interview.
This is also a great time to get the final details you need about the role, and the wider business by asking your own questions - interviews are as much about getting to know the business as they are about the business getting to know you. Think of some insightful questions to ask your interviewers that demonstrate your existing knowledge of the role and the research you have done about the wider business.