Basically the title. I am bound to leaving a job at Morgan Stanley risk management because I am an analyst here at age 28 years with Master's in Financial engineering and FRM L1. JPMC is offering me an associate in card risk management, which is on Commer banking side. On the long run i want to be on investment risk side. With MS i can move internally to investment risk sife easily, but being an analyst + 10k lower salary is making me think twice. TC - 82.5k MCOL. Offer: 90k + bonus. MCOL
Surprised that you didn’t apply to an Associate role at MS w/ the masters. You would’ve easily gotten $120k+
I did, they just didn't call me. International student 🤷
Would you advocate leaving for the Associate role, or sticking with MS? If i move to commercial banking risk, would a transition back to investment risk side be easy?
Internal moves are easy at Jpmc after a year but don’t expect comp renegotiations if it’s lateral
I got 20% on base. All depends on org and value you bring. They didn't promote though.
From what role to what role did you move? Was it across entities?
You can move after a year. Will have to go through the interviews. A bit easier process compared to outside
Are you familiar with anyone who has moved from CCB to CIB, and across location? CIB core middle office roles seems to be focused in NYC. How's JPM culture overall? MS culture seems good and internal mobility seems quite easy as well
All banks have same culture. I moved cib to cib though. MS and JP are pretty much same, good wlb.