Great Internship Opportunities at JPMorgan Chase

Wed, 14 Mar 2012 15:27:43 -0400

To apply, search for the following position numbers in UMBCworks. Position descriptions are below!
Operations: 9250292
Finance: 9250291
Technology: 9250290

Operations:
Our Operations team delivers a world-class service with a crucial competitive advantage for the firm. We manage change, reduce risk and ensure consistency across locations and business areas. Our reputation is built around seamless delivery, so we invest heavily in infrastructure, productivity and people. All of our product lines and regions benefit from an integrated approach that combines innovation and risk control as standard.

Operations has a broad meaning at our firm – it includes our core processing and settlement areas, but also includes the middle office functions such as client services, business management, and trade services that also provide critical support to our revenue generating businesses.

Program Overview
The Operations Summer Internship Development Program executes business operations and processes and manages business infrastructure for our internal clients. The 10-week program supports the major lines of business (LOBs) and core functional groups including Asset Management, the Investment Bank, Treasury & Securities Services and Corporate Groups. Because of the deep subject matter expertise, you will develop and learn from extensive product training. Interns in the program are expected to build their career within their LOB beyond their tenure in the program.
Roles and Responsibilities
Operations interns add value by providing operations support, including core processing, settlements, trade support, cash reconciliation, client service and business reporting.

Training and Development
Over the duration of the 10-week summer internship program, you will be offered a unique combination of facilitated, self-paced, and on-the-job training opportunities, while gaining real world business experience through challenging, hands-on work in the supporting business areas. In addition to Line of Business specific training and development, the program’s robust and strategic curriculum includes:
• Upfront training and structured ongoing training and development opportunities
• Professional skills and leadership training
• Business competency skills training
• Additional program support and coaching

Qualifications
Only those who are highly motivated and eager to build a long-term career within the business operations and support areas of a major financial services institution will be considered. Also we look for candidates who are results-oriented, client-focused and have demonstrated professionalism through previous employment, internship or school/community leadership experiences. Specific qualifications include:
• Rising seniors in college, with limited opportunities for juniors
• Working towards a BS/BA degree, preferably a business or engineering degree
• Preferred cumulative GPA of 3.5
• Previous related internship experience and/or other relevant experience is preferred
• Outstanding verbal and written communication skills
• Strong, proven quantitative and qualitative analytical skills both scholastically and practically
• Proven ability to synthesize information to reach logical conclusions; manage projects, evaluate & improve processes and present findings
• Intermediate to advanced proficiency with MS Excel, MS Word, MS PowerPoint and MS Access

Finance:
The firm’s Finance division provides an ideal opportunity to increase your understanding of global finance. Our Finance teams play an essential role in every aspect of their business, combining a well-developed performance measurement process with sophisticated economic capital measurement. The result is exceptional ﬁnancial discipline throughout the ﬁrm. As a member of our team, you will participate in a wide range of learning experiences and take the first steps toward building a dynamic career at the firm.

Program Overview
The Finance Summer Internship Development Program is a leadership program designed to attract, develop, and retain entry-level professionals who share our passion for instituting meaningful change and delivering powerful financial results for our firm. Summer interns spend 10 weeks working as an integral member of a finance team in one of our major business lines – Asset Management, Commercial Banking, Investment Bank, Retail Financial Services and Treasury & Securities Services, or in a corporate function such as Corporate Planning and Analysis, Treasury, Corporate Finance Analytics, Investor Relations and Controllers.

Summer interns will support corporate and line of business functions through reporting and analyzing data, projecting profitability and return on investment, making recommendations and presenting to managers, and assisting in financial operations. As an intern, you will work closely with experienced professionals, enjoy a diverse work environment and have the chance to make real contributions to business results. This is an ideal way to meet the people who make our company a success, experience our unique culture, and learn about full-time opportunities within the firm. Finance professionals are at the core of virtually every aspect of our business.

Program placement occurs in the following locations:
• New York Metro area, includes Jersey City, NJ
• Columbus, OH
• Newark/Wilmington, DE
• Chicago, IL

Roles and Responsibilities
Finance Summer Interns responsibilities may include:
• Produce financial statements, report results, work with regulators, assess and manage risk
• Assist in overseeing the firm’s financial management
• Provide perspectives on past performance, trend analysis, forecasting, strategy, control issues and operating models
• Assimilate and analyze disparate information to offer advice to businesses and the firm
• Support the firm’s financial systems and help to establish standard operations across functions

Training and Development
Summer interns participate in a series of activities that give them the opportunity to learn about other areas of the firm, corporate strategies and business challenges. The Program offers a series of learning opportunities, presentations by senior business leaders, community service events, and networking events with mentors, managers, and current full-time Interns.

Qualifications
We seek highly motivated individuals, eager to build a long-term career within the finance division, supporting the lines of business and corporate areas of a major financial services institution. Additional qualifications include:
• Results focused
• Ability to clearly articulate complex ideas and to creatively solve problems
• Preferred majors include Finance, Accounting and MIS/CIS; however, all majors are considered
• Rising junior or senior in college
• GPA of 3.5 or above
• Excellent verbal and written communication skills, and analytical skills
• Basic understanding of financial statements, accounting procedures, as well as internal and external reporting and variance analysis
• Demonstrated leadership, motivation, interpersonal and relationship management skills
• Intermediate to advanced proficiency with MS Excel, Word, PowerPoint and Access

Technology
Our Technology team identifies and implements technological solutions that anticipate client needs, while providing employees with the tools that make the firm a premier place to work. The overall mission of our IT specialists is to turn our applications, systems and infrastructure into a competitive advantage for the firm by coupling technological expertise with an understanding of our different strategic business visions.

Program Overview
The Technology Summer Internship Development Program introduces and prepares highly-motivated participants for the firm’s information technology organization over a 10-week period. The internship program is structured similarly to the full-time program. The variety of roles offered is vast and constantly evolving, with numerous opportunities to gain technology experience across all business areas. Interns are offered the opportunity to work as an integral member of a technology team in one of our major business lines – Asset Management, Card Services, the Investment Bank, Retail Financial Services, Commercial Bank, and Treasury & Securities Services – or our Corporate Group.

Our concentrated program requires that you actively contribute to upgrading and improving the efficiency of our infrastructure that allows us to deliver products and services to our clients around the world. Over the program, you will gain hands-on knowledge by working alongside experienced professionals who oversee and manage the deployment of business-aligned technologies and infrastructure.

Program placement occurs in the following locations:
• New York Metro area
• Columbus, OH
• Newark/Wilmington, DE
• Chicago, IL
• Tampa, FL
• Dallas, TX
• Houston, TX

Roles and Responsibilities
These are the different opportunities that are available within the Technology Summer Internship Development Program:

• Application Developer: Translate business and technical requirements into applications or solutions; design and develop solutions for clients, working directly with traders and marketers; drive best practices with the possible move to Continuous Integration Testing (CIT); deliver new business products or enhance existing applications; learn the realities of real-time coding in an electronic trading environment and the development of a pricing system which requires up to 80 inputs to value a complex financial product

• Business Systems Analyst: Identify, assess, and record near-term business needs; analyze requirements; identify, recommend and articulate business needs priorities; advise on options, risks and costs versus benefits; assist with feasibility studies, design specifications, test analysis, and user training – right through final implementation; partner closely with other teams

• Infrastructure Engineer: Identify the latest technology solutions; select and implement products; provide production support; work hand in hand with project managers in delivering critical business-aligned technology projects; work on diverse array of technologies including Wintel, Unix Server and Database Systems Administration, Server and Desktop Operating Systems Support, Data and Voice Networking, Large Mid-Range and Mainframe Administration and Support, Batch Scheduling, Real-Time Fault Monitoring and Performing Tuning Technologies, Problem and Incident Mgmt

• Systems Support Engineer: Manage and monitor the applications and systems that are critical to our day-to-day operations and clients’ businesses; work with systems across the Front, Middle, or Back office on trading applications, investment or accounting platforms or other applications; proactively seek quality and efficiency improvements via configuration changes and management of the production environment; assist with quality assurance, test scripts and document defects; run maintenance procedures and take action based on analysis; respond to support calls

Training and Development
You will be exposed to different technology areas through varied training and presentations. Technology interns join our teams who are responsible for designing, developing and supporting the applications or projects that give our businesses their competitive edge.
About JPMorgan Chase
JPMorgan Chase is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients’ needs, anywhere in the world. We operate in 100 countries and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world – and why we can offer you an outstanding career.

All candidates must have the eligibility to work permanently in the U.S.

For more information and to learn how to apply, visit jpmorgan.com/careers.