I’ll keep this short. I have 5+ years of experience managing technical projects and implementations for start ups. Ive got an offer to do commercial card technical implementations at JPMC coming in at their VP level (basically middle of their level stacking). It’s an individual contributor role. The role itself interests me and I enjoy new challenges. At the same time, I’ve got other offers to stay within the start up world but it’s less money up front… in terms of workload I currently might have a super light week with 40-45 hours or have a couple months of 70-80 hour weeks so I’m not really a stranger to having to work crazy hours. If the work is challenging enough then I really don’t notice the time flying. Anyone have experience in the CBCO at JPMC? I really enjoyed the conversations I had with the manager and my would be manager’s boss. I’m used to having to be very flexible and resourceful to get work done within start ups so will moving to JP Morgan be easier in that sense? Edit: My current TC is 99k , the JPMC is 115k base with 10-15k bonus. I misunderstood what I should put in TC
What do you mean by “less money upfront”? What’s the TC difference. If start up is paying less than JPMC to begin with then you are considering a wrong startup! Because JPMC is generally low/conservative on salary. For all other factors JPMC will be better. By CBCO, you probably mean commercial bank client onboarding team so probably something to do with KYC and automation around that.
The start ups are landing in the 90-105k base salary range with 10% bonus. Some offer common stock options. JPMC is coming in at 115k base with 10-15k bonus.
I would only go to startup for significant RSU potential or high base unless it is run by a known visionary founder.
Why not move to a pre-IPO startup or a mature financial tech company like a Bloomberg, Mastercard, PayPal, etc? JPM might pay you more cash but the red tape that comes with banking will eat at your soul.
Thanks for the insight. I’ll take a look at what options are out there at these companies. All of these offers came through recruiters. I haven’t been actively looking.
The red tape may be especially difficult, OP. JPMC is definitely a banking environment, no matter which org you’re in, so you’ll have to deal with significantly more structure, politics, and regulations than at a start-up. More than the money, is the lifestyle and culture worth it?
I'd grab it for a year of experience, looks good on C.V, then bail out to a more modern finance company.
Did u take the job at JPMC? What’s your title? I got an offer as an agile lead from JPMC and the TC is very different, but it may be due to location.
Hey you mind sharing what type of questions were asked on your interview?
Startup
Whats the offer?
$115k base with 10-15k bonus