I’m anticipating an offer from JPM soon. The position was posted at an ED level, but they want to bring me on as a VP first. I know at some banks, title has nothing to do with comp. Is that the case with JPM? Or should I expect a lower offer because of the different title?

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Expect a lower offer. Title and comp are always directly related. Will likely take you at least a few years to get to ED

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They will try to force you to be in role for 36 months. Be aware.

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Lower salary and lower bonus as % of salary. VPs here are middle managers and it’s really hard to push to ED. Biggest group of employees are VPs so there’s a bottleneck. How many years of experience do you have?

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Relationship managers make good money especially with bonus , It might actually be a good thing because ED have larger goals and you are kind of learning. Easier to move to ED in sales than other roles because you know the goals you need to hit.

Dig your heals in. Make it clear you’re not taking a step back.

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Very difficult to go from VP to ED especially if the team has many VPs competing for promotion.

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