Ever wondered what it’s like to work at the largest bank in the U.S.? WayUp sat down with an Anti-Money Laundering Alerts Analyst, a role that involves identifying any generation of income that results from illegal actions. Here’s what he has to say after almost a year of experience under his belt.
I can only speak for my own department, but I feel like the answer to this question would apply to most big banks. As far as departments within a bank go, the culture in Compliance Operations (where I work) is relatively laid back, but that is not to say informal. The work is very important, especially given the current regulatory climate, and is treated accordingly. However, offices within a large financial institution’s investment bank and a range of client-facing roles tend to involve more stress, as well as stricter and more frequent deadlines. Control functions such as audit, legal, risk, and compliance, which do not generate profit, tend to be a bit more relaxed in comparison. My current role is in a production environment, so there is still the expectation that analysts meet certain goals in terms of how much work they get done on a daily and weekly basis. Working for a company as large as JPMC does mean you have access to a lot of the benefits you would expect from a firm that size, including a range of insurance plans, an MRA account, 401k matching, and employee discounts at a range of retailers, to name a few.
