| Topic Name: |
Cross LOB Career Moves |
| Message Name: |
More questions. |
| Date Posted: |
02/04/2006 |
| In Reply To: |
I am very interested in your thoughts on cross LOB career moves at JPM. I am an H-B1 guy stuck in a dying (or dead, depending on who you talk to) LOB. I have found it very difficult to move outside of my LOB. I am sure the part of this is because I am not in New York, Chicago or Texas, but I can??t help but wonder if there is an institutional impediment somewhere that I am not seeing. I am interested to hear your take on it.
By the way, I have excellent credentials, two graduate degrees from well respected universities (not Ivy, but top 20 MBA and high 2nd Quartile Law), strong experience and solid reviews (I do have a manager has a policy of never giving ??Exceeds Expectations?? on reviews).
JPMC-MS & RGardens ?? I enjoyed your discussion below on Corporate Strategy. I don??t really know what the trading positions looks like so I can??t comment intelligently on that piece. I do agree with RGardens on the TSS results. I think that TSS has straightened out some of its issues, in terms of revenue generation, but much of the YOY increase is due to the factors he listed. In terms of mergers ?? DJ said recently that we will grow organically over the next year, that most of the major ??pruning?? is not, and he does not foresee any major mergers in the next year (paraphrased). I wonder what he considers a minor merger or a pruning.
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| Message: |
OD -
The ability to move within the firm, especially from an ops functions, can be very difficult within the bank -- particularly, as you mention, if you are not in NY or Chicago.
How long have you been in Ops? This make a significant difference in your ability to move on internally. There is an unspoken phenomenon (at least, if it's been spoken, it's behind HR's closed doors) that someone in Ops for more than a couple years basically has no internal movement options aside from another very similar role.
Which LOB are you in, may I ask? --- and where do you want to go. This can have a huge impact on the process.
As RGardens mentioned, the relocation decision is something you'll need to consider... If you're not in NY, Chicago, or Texas, I'm not sure what cross-LOB movement options you have (Are we talking call center in Tampa?)
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