20 July 2018
Visit www.gemalto.com

JPMorgan investment bank speaks the language of innovation in hunt for fresh talent

27 February 2015  |  8068 views  |  0 strategy

The Corporate and Investment Banking arm of JPMorgan Chase is on the hunt for new product developers who "care about disruption" and have "an opinion on bitcoin and other cryptocurrencies".

As banks across the world cope with an upcoming crunch in the availability of skilled professionals, JPMorgan is looking to dispel the illusion of banking as an IT backwater bogged down in rules and regulations with little appeal to the next generation of coders.

"We are not your grandparents’ banking products team. Nor are we a “startup” within a bank," states the job ad. "We are a small, focused team of passionate engineers, data and business people and designers set on creating and building products that can transform the way we and our clients do business."

The Corporate and Investment Bank at JPMorgan has recently set up a new business transformation team charged with performing front-to-back reviews of each line of business. The team will be expected to perform multiple reviews of different business areas throughout the year, going across the whole trade lifecycle from execution to settlement with a brief to cut costs and improve efficiency.

While acknowledging that the firm may not be as flexible or agile as a Silicon Valley startup, the ad for product developers talks up the technological forces of change which are driving innovation in banking. New recruits will get the opportunity to "interact with insanely large and fascinating data currently not available anywhere else," says the bank. They will also get to "develop products that can change the way 1000s of clients operate, and how banking is done today".

As a further incentive, the banks spells out its forward-thinking credentials in the qualities required for future recruits: "You care about disruption and have opinions on the future of banking, the payments system, and how to improve upon our existing financial infrastructure. You have an opinion on bitcoin and other cryptocurrencies."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

JP Morgan Chase to close 300 branches as customers go mobile

JP Morgan Chase to close 300 branches as customers go mobile

24 February 2015  |  15372 views  |  9 comments | 23 tweets | 36 linkedin
JPMorgan Chase creates $3 million prize pot for innovation challenge

JPMorgan Chase creates $3 million prize pot for innovation challenge

24 February 2015  |  7783 views  |  0 comments | 16 tweets | 5 linkedin
JPMorgan to upgrade Bournemouth operations centre

JPMorgan to upgrade Bournemouth operations centre

01 May 2014  |  4403 views  |  0 comments | 2 tweets | 1 linkedin
Wells Fargo and JPMorgan take contrasting stance on bitcoin

Wells Fargo and JPMorgan take contrasting stance on bitcoin

24 January 2014  |  15564 views  |  2 comments | 11 tweets | 14 linkedin
JPMorgan Chase looks for innovation lead

JPMorgan Chase looks for innovation lead

20 December 2013  |  7730 views  |  0 comments | 5 tweets | 5 linkedin
JPMorgan Chase names Dana Deasy CIO

JPMorgan Chase names Dana Deasy CIO

08 October 2013  |  7330 views  |  0 comments | 4 tweets
JPMorgan taps young talent through Code for Good Challenge

JPMorgan taps young talent through Code for Good Challenge

07 February 2013  |  6023 views  |  0 comments

Related company news

 

Related company information

JPMorgan Chase

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit info.nice.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
12634 views comments | 6 tweets | 7 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
10041 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9616 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
6541 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
6370 views comments | 2 tweets | 7 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job