European Graduate Opportunities
Agenda
Who are JPMorgan?
Who are JPMorgan?
We are the 2nd largest financial institution in the world
We are widely considered to the premier trading operation in the world
$1 trillion in assets
We have over 160,000 employees in 50 countries, serving 90 million clients
worldwide
JPMorgan’s roots in Europe date back to 1838
JPMorgan is a truly global Investment Bank
Agenda
What is Investment Banking?
What is Investment Banking ?
The Investment Banking industry offers a great breadth of services to serve the
complex financial needs of a highly diverse client base
Our client base includes major corporations, governments, private firms,
financial institutions and private individuals
We advise companies on how to raise money for investment or merge with
another business
We are a major trading house of a huge variety of financial instruments
We advise companies on how to reduce exposure to fluctuations in currency or
interest rates
We control investment portfolios on behalf of institutional investors and wealthy
individuals
The JPMorgan Structure
There are 8 separate functions that you as a graduate can apply to
1.
Investment Banking - M&A, Equity Capital Markets, Debt Capital
Markets
2.
Credit & Rate Markets - Trading, Sales, Research
3.
Equities - Trading, Sales, Research
4.
Investment Management - Currency, Equities, Fixed Income
5.
Global Credit Risk Management
6.
Treasury & Security Services
7.
Operations & Business Services
8.
Technology - Plan, Build, Operate
Credit & Rate Markets
Working in the markets:
Buying and selling
Fast paced and exciting
Salespeople/Marketers: Deal with clients on a day to day basis, provide
advice and structuring expertise
Traders: Risk managers, execute trades for clients and for the banks own
account (proprietary trading)
Research: Detailed quantitative and qualitative analysis that is used both
in house and sent to clients
Equities vs Credit and Rates
Equities - stocks and shares, equity derivatives
Credit and Rates - interest rate products such as bonds and swaps. Also
encompasses foreign exchange and commodities e.g oil, gold
Investment Banking
Working with companies – Strategy and raising equity or debt
– Debt Capital Markets (Raising debt for companies through Leveraged BuyOuts, High Risk, Real Estate and Government/Investment grade debt)
– Mergers & Acquisitions (Advising companies on strategy)
– Financial Institutions (Banking for other banks and financial institutions)
– Equity Capital Markets (Raising equity for firms, IPO’s)
Very rewarding career, opportunities for travel, experience of working with top
companies throughout Europe
Close contact with top management of firms, CEO/CFO
Need to be analytical and team player
Operations & Business Services
Client Services
Trade Support
Project Management
Finance and Risk Management
Human Resources
Marketing & Communications
Technology at JPMorgan
JPMorgan has one of the best technology platforms and capability of any
investment bank in the marketplace.
2 distinct areas: Business Technology and Infrastructure
3 UK locations: London, Glasgow and Bournemouth
Structured around a strategy of Plan, Build, Operate
Technology
Plan
Build
Operate
Three key roles
Business Analysts
Application Developers
Desk Aligned Support
Why work for an investment bank??
High salary
Excellent training - (often in New York!!)
Opportunity to gain a further qualifications such as CFA
Chance to travel and work abroad
Early responsibility
Transferable skills
Young and international working environment
London – centre of finance in Europe
360career.com