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Hi! I just accepted a Relationship Banker II role in Allen, TX. My offer letter was 50k base and 1k guaranteed commission a month first year. I just graduated w a degree in Business Administration. Basically the info I got on how commission works was pretty vague. Anyway I wanted to see what someone I’m their 1st or 2nd year can realistically expect to on average make in commission a year in this role. Also what do bonuses in the role look like? I’m hoping to just hear some ballpark numbers! JPMorgan Chase JPMorgan Chase
I have 2 offers, one from JPMC ( LOB IS Consumer and Community Banking) and the other from Wells Fargo. Both are giving similar roles, and exactly same pay. Location is Hyderabad. I tried for revision of pay but it didn't work.
Could anyone help me understand which one is better to join in terms of hikes, technology used and work life balance. I have to join on Tuesday, 16 Aug.
YoE - 16, Tech stack - Java Microservices
JPMorgan Chase Wells Fargo
Winter enjoying the beautiful summer day!!
When did you receive your signing bonus?
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Additional Posts in Jobs in Finance
Has anyone done the Blackstone pymetrics?
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My sense of it is that any role that requires human judgment won't be replaced by AI any time soon. And that's because of the reasons you mention, they have a tendency to hallucinate. And there's the whole issue of security and where data may go. I think for some lower level administrative positions AI will cause job losses, as a few jobs can be consolidated into one position augmented by AI.
Conversation Starter
I agree completely. The question is, how do you make sure you're not the person being laid off?
I think it depends on what you’re doing. My opinion is that if you don’t learn how to use it, you might be replaced by someone who does.
Conversation Starter
Exactly.
I think this is going to depend on part of what is under the hood of the AI. It’s not all created equal.
I think there will always be a need for humans in roles similar to mine, though.
Pro
I don’t see AI replacing, but I do see us being required to use it to enhance our jobs. If you’re not hopping onboard with AI use, it might be the equivalent of someone refusing to learn how to use a computer when they were first entering the workplace.
Unlikely
I think my role as a finance assistant is a bit at risk! Things like purchase ledger and credit control, maybe! I do feel that AI is not very predictable though. Who knows if it will be here still in 5 years time.
I think that compliance will set the pace for how much AI can be use to replace positions. I worked for a firm that had an absolute melt down when they found out advisors were using grammarly as that was client being given to a third party.