Is a VP title at JP Morgan inflated? Specifically in HR. I’m looking at VPs’ LinkedIn profiles and many were Assoc/Sr Assoc level consultants with 3-4 yrs experience before being hired as a VP @ JPMC.

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VP is a huge range in most banks. Depending on your role you can go from making $100k- $300k easily within the VP band. Some banks have an ED in between VP and MD and some don't. I have seen people being an ED in Chase joining as VP in another bank. That doesn't necessarily mean a demotion. Don't go by titles, as long as you are paid $$$$ your worth.

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It works both ways. I have seen managers in consulting joining as Associate in a bank!

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I hate to play the other side of this because you’re probably somewhat right - but don’t make the same mistake as me and underestimate the amount of organizational knowledge/networking/trust it takes to get LITERALLY ANYTHING done at a bank the size of JPMC.

Discussing an ED position with JP Morgan, not in Investment Banking, HR is conveying $220k base plus $130k bonus. Any idea on % of ED who gets RSUs in the Operations team (not back office) and average $ grant value?

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It’s a black hole - but I would say that it’s closer to M than SM. From what I’ve seen, the handful of under-30 VP’s come out of consulting or other banks in high demand areas. However, average back office VP age is probably closer to 40. Differs drastically when you start talking front office.

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Yea.... many VPs want to come in at Manager or Senior Manager, but only have 3/4 years of experience. It is WAY too inflated.

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I was a VP at 25 at JPMC. $65k salary, but in private wealth management so the total comp was closer to $200k. VP title means nothing at most banks.

Ok so many i have a chance lol....

Hi at what level is senior 2 from consulting (transaction advisory from big 4) hired in J.P. Morgan at nyc? And what should be the salary expectation?

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