A decade behind, marginalized department - Home Lending Advisor J.P. Morgan Employee Review

1.0
Oct 12, 2022
Recommend
CEO approval
Business Outlook

Pros

Decent benefits, nice cafeteria, nice managers

Cons

They're a decade behind the industry, 0 culture, crazy hours, they forced me to get the COVID shot then laid me off a month later, terrible pay, chase seems to not want to compete in the mortgage industry, terrible rates and cost for a refinance that takes 90 days. They starting letting people go when rates went up, they hired a third party to review calls that were a year old, look for anything to fire us for. They got me because I said the apr was 3.348 and not 3.3482. I've never heard of that in the past years of me writing mortgages. That was my que to leave the industry for good

Explore other reviews about J.P. Morgan

5.0
Mar 23, 2026
Recommend
CEO approval
Business Outlook

Pros

teammates try to integrate you, many intern events and networking opportunities

Cons

pay lower than other banks like citi

3.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

1. One of the best banks, heavy on tech and AI, that makes my life simple 2. Bonus is consistent every year 3. The company is highly social and multicultural. 4. A lot of training program to upskill and develop.

Cons

1. A lot of administrative items to take care of, a significant portion is spent on meetings, meetings are called to establish an agenda for next meetings, and so on. 2. Layoffs, all year round- sometimes significant, while in the middle of delivery. If your manager is off-site/ another city/country, you are more likely to be impacted. 3. Departments may have skewed gender or racial ratios. It is best to stay away to avoid discrimination (to be fair, this has less to do with culture and more to do with who the head of the department is).

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