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How is job security in JP Morgan?
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Because it forces you to acknowledge that it's something you should be looking for every single time before you turn in a WP.
Okay so open their 10k and tell us where some typos are.
You should be grateful if your senior points out small mistakes. It honestly takes longer for seniors to provide the minor feedback than fixing it by themselves. If your senior does this, they actually put some time to train and develop you. Feedback is still a feedback regardless of the size. Take it and learn from it.
YES to this. It would be faster and more efficient for them just to fix it. They are trying to help you learn.
So you don’t keep making the same mistake over and over again
Chief
M1 - 100% right about this profession revolving around deadlines. Setting unrealistic internal deadlines to push your staff is a whole different story.
We're all professionals and generally, staff want to perform well. They can do through collaboration and transparency around delivery dates.
In other words, if you actually manage your people, you don't have to lie to them.
Chief
The next post will be about someone annoyed that their seniors/managers don’t give them feedback to learn from.
LFG THATS ME
As a manager, sometimes I ask the preparer to fix things so that they learn the "why" and "how" for future reference. However, I tend to fix many things myself, and send the preparers a note later on my changes. It depends on the time constraints and the working dynamics too.
Usually because I’ve already made the correction several times and you keep fucking it up. The madder I get the more nitpicky my CNs become.
Rising Star
Could be they noticed that on a few wp and fixed themselves, but are calling to your attention here so you know. I often fix 50-80% of issues but leave notes for remainder... They never even know what I quietly fixed
So you learn to pay attention to details. I’m really bad about changing dates when we roll stuff forward, so I’ve gotten that note too, but it teaches attention to small details, which are often overlooked.
This is a good point. What is learned/gained from this one comment is applicable/beneficial elsewhere
Personally, I’d rather them point out that stuff so that when i’m their level, I don’t miss those things and look stupid. This is how we learn.
As has been said before, if they left you the comment, it’s probably not a one off. Additionally, so you expect your managers to make the additional effort to make a mental note of whether it’s a recurring issue or just a one off error. And then finally, who cares if it’s recurring or one off. If it’s an error, you should learn from it? If it’s recurring, then you’re gonna get more comments. If it’s really a “one off” error, then this should have been a “one off” review note. Are you trying to tell us that a “one off” review note drove you to post on fb in frustration?
Pro
If it’s the only review point, I will make the change myself and move it along, but point it out to you.
However, if I have 10 review points, I’m not making the change, I am going to make you do it while you are making the others to ensure you remember how to do it on the next return.
OP - lots of good comments here and you should take the time to read them and get over your current mentality. You might have gotten some passes on the “small mistakes” here and there, and you are finally given a comment because your reviewer wants you to know what needs to change and fix it, learn and apply it going forward.
When you become a reviewer yourself, you will realize how annoying it is to keep fixing elementary errors on workpaper. You will want the preparer to know and elevate their quality going forward. This is how people learn and how they will be able to make your life as a reviewer a little easier going forward.
100%
Simple. If we don’t leave a comment, you never learn that you’ve been making irritating mistakes throughout your work and continue to deliver sub-par quality. Nothing motivates ya quite like the facepalm moment you experience when you realize “how could I have missed that?!”…speaking from personal experience and I have 0 qualms with everyone who called out my little mistakes and helped me become a better practitioner because of it. Get over your current mentality. It’s actually more time consuming for us to leave those comments, I agree, but we’re doing it for your benefit and growth.
As a staff it would be annoying, but I would make sure to not make the same mistake again. So I guess it works? 🤷🏼♂️
As a reviewer, I’d rather make the small edits myself. It’s saves me time in the moment. If ever I leave comments, it’s because I’m trying to help my preparer improve. Investing in staff is better in the long term, even if there is some growing pain.
Pro
Saves on budget and allows you to get the work done. Also, takes us longer to go in and then we have to update wp, locator, and reprint or pdf edit all at 4x your billing rate. Only doing this if it’s last minute deadline.
If you missed the date, what else did you miss? Guarantee it’s not solely a comment on the date. It’s very rare to have a “perfect” workpaper except the wrong date and get a review comment
OP, TBH, I take the approach you’re proposing when it’s a minor change because it takes less time to make the edit and communicate it to the staff compared to leaving the error, writing up a review comment, going back late to see if it was fixed, and then closing the review comment.
If a team member has high quality work that shows overall attention to detail, in most cases, I'll just fix the minor mistake here or there if I know they know how to do it. But if someone sends me sloppy workpapers with little effort or consistent errors or just early in their career and need more practice, I'm way more likely to leave notes for small items so that they learn.
All of the comments are true.
I used the make the simple edits, but it encouraged sub par work. I leave notes on simple mistakes so that staff don’t keep making them.