JPMorgan Chase & Co. ($JPM) is seeking an additional 8,700 new employees with a focus on bolstering its pool of software engineers and developers, according to job-listing data we've been tracking for over two years.
Outside of a substantial dip in May, openings at the multinational commercial and investment banking institution have remained steady after what may have been a self-imposed Winter hiring freeze.
The past two months have seen an average of over 8,500 daily openings.
J.P. Morgan founded his commercial and investment banking institution back in 1871, and that one company led to the formation of three of the biggest banks in the world: JPMorgan Chase, Morgan Stanley, and Deutsche Bank. The original company, J.P. Morgan & Co. is now known as JPMorgan Chase & Co. after it merged with Chase Manhattan Bank in the late 1990's.
Today, JPMorgan Chase & Co. has assets valued at approximately $2.534 trillion and also turned over a profit of $35.9 billion in 2017. It's the sixth largest bank in the world and the largest in America, where most of its hirings are taking place.
Looking at the titles on offer, the bank is making a major push for software developers and engineers, especially those who are well-versed in Java.
| Job Title | Number of listings |
|---|---|
| Software Engineering | 83 |
| Java Software Engineer | 61 |
| Software Engineer | 46 |
| Infrastructure Developer | 35 |
| Applications Development | 25 |
| Software Engineering - JAVA | 23 |
| Applications Support | 15 |
| Application Developer | 14 |
| Business Analyst | 13 |
| Software Engineering - Associate | 13 |
| Relationship Banker - Southwest Austin, TX Market | 12 |
| Software Engineering - Python Developer | 12 |
| Application Support Analyst | 10 |
| Global Supplier Services - Supplier Assurance Services - Cloud Assessment Lead | 10 |
| Software Engineering - Vice President | 9 |
| Wealth Management - Private Bank - Client Advisor - Vice President or Executive Director | 9 |
| Private Client Banker - Northwest Austin, TX Market | 8 |
| Scrum Master | 8 |
| Site Reliability Engineer | 8 |
| Software Engineer - Java | 8 |
It is also after relationship bankers — Austin, Texas looks like a hot market for bankers looking for a change in scenery — and a number of new business analysts.
This snapshot of JPMorgan continues our look into how the largest banks in the world are hiring. We profiled Citigroup's hirings earlier this month, and will take a look at other major U.S. banks, such as Wells Fargo and Bank of America, in September.
