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J.P. Morgan Australia

4.0
  • > 100,000 employees

J.P. Morgan Australia Graduate Programs & Internships

  • Banking & Financial Services

Background in finance not required – just a curious and creative mind. Explore our program opportunities to see where your skills can take you.

The J.P. Morgan story

J. P. Morgan was the creation of John Pierpont Morgan. Morgan was a sickly, upper-class American art history grad. His first job was at a London-based merchant bank his father had co-founded. After returning to the US, Morgan worked for a number of prominent New York banking houses before setting up J.Pierpont. Morgan & Company in 1860. (He also inherited his father’s company, J.S. Morgan & Co, in 1890.)

Morgan was the greatest, or at least most famous, banker and financier in the world by the turn of the 20th century. He was also the prototypical corporate raider. Morgan was so given to taking over troubled companies and returning them to profitability by replacing their managers and reorganising their business structures that the process came to be known as “morganisation”.  

Morgan died in 1913. Two decades later, after the passing of the Glass-Steagall Act, the ‘House of Morgan’ was broken up into three separate businesses. The business that kept the J.P. Morgan & Co name was restricted to operating as a commercial bank. (Half a century later, in a far more relaxed regulatory environment, it got back into investment banking.)

In 2000 J.P. Morgan merged with finance industry behemoth Chase Manhattan Bank. JPMorgan Chase & Co, headquartered in New York, is the largest bank in the US and the sixth-largest in the world. It has total assets of US$2.5 trillion (A$3.2 trillion) and, by some estimates, is the fourth-largest public company in the world. In 2017, it had revenue of over US$99 billion. 

J.P. Morgan (or its predecessors) have had a presence in Australia since 1872. It’s now one of the few full-service, fully integrated financial institutions in this corner of the world. It provides products and services from J.P. Morgan’s Corporate & Investment Bank, Asset Management and Private Bank to corporations and governments, as well as institutional and sophisticated investors, across Australia.

The Culture

Our firm’s culture is rooted in our core principles. Here, you will join diverse and inclusive teams that support each other and empower you to do your best work. 

J.P. Morgan prides itself on “doing first-class business in a first-class way”. That means staff are expected to not only treat clients well but also “respect, value and support” their colleagues. If you “believe in doing the right thing even when it isn’t the easiest thing” and want to be a valued member of teams that “are disciplined, work well together and execute consistently”, then J.P. Morgan should be a good fit for you.  

Social Contribution

Throughout the Asia-Pacific region, the business seeks to “promote economic growth and economic inclusion”. It aims to achieve this through “philanthropic initiatives in the areas of workforce readiness, small business development and financial capability”.

J.P. Morgan’s foundation gives around US$200 million (A$255 million) each year to non-profits across the globe. The company also encourages staff to volunteer their time and expertise to local communities.

J.P. Morgan has a goal of sourcing 100 per cent of its energy from renewable power by 2020 and facilitating US$200 billion (A$255 billion) in clean [energy] financing by 2025.  

Star Rating: 4.1 stars

From the Employer

"J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. J.P. Morgan leads volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.

With more than 100-years' history in Australia, we have long-established, deep client relationships and broad product capabilities in the country. As one of the few full-service and fully-integrated financial institutions in Australia and New Zealand, we provide products and services from J.P. Morgan’s Corporate & Investment Bank, Asset & Wealth Management and Commercial Banking to corporations, government, institutional and sophisticated investors.

Our people work hard to do the right thing for our clients, shareholders and the firm every day. Joining us means you’ll learn from our experts in a supportive and collaborative team environment where you will be supported to make an immediate impact from the start. We want to see your creativity, communications skills and drive. While your academic achievements are important, we’re also looking for your individuality and passion. J.P. Morgan wants to help you fulfil your potential as you build your career at the firm.

Internship and graduate opportunities are available in Investment Banking, Global Markets, and the Corporate Analyst Development Program. We encourage you to learn as much as possible about our business areas and roles."

Recruitment Process

If you’re interested in working at J.P. Morgan, you may wish to do an internship there while studying. (If you perform well, you’re likely to be offered a full-time grad role.) Whether you’re applying for an internship or grad role, you’ll be expected to be a strong academic performer who also is well-rounded (as demonstrated by participation in extra-curricular activities). You should also be driven, creative and a good communicator.

Internship and graduate opportunities are available in Investment Banking, Markets and Corporate Analyst Development Program.

To obtain an internship or grad role at J.P. Morgan, you’ll need to search for an appropriate role on the careers page of the company website. The recruitment process varies from role to role, however you should be prepared for the following: a video interview for all eligible applicants, leading to our final interviews which can obtain a case study and multiple interviews with senior leaders in the firm. 

Remuneration & Career Growth

Remuneration

Grads report earning salaries and bonuses that are above the industry average. Benefits include parental leave, flexible work options, subsidised personal insurance and discounts on “banking services, electronics, arts and entertainment, fitness programs, travel and more”.

Career Prospects

After hiring ambitious overachievers, J.P. Morgan likes to keep them motivated. You’ll have regular and comprehensive conversations with your manager about how to progress your career. The company invests heavily in professional development tools and training programs and staff are encouraged to take advantage of them.

The company will also “encourage you to push your boundaries, explore new opportunities and meet new people”. Taking your career to the next level “could mean taking on more responsibilities and growing within your current team or exploring new roles, teams and businesses around the globe”. J.P. Morgan alumni have frequently gone on to fill high-level corporate, government and political positions and senior corporate, political and government figures, such as Tony Blair, have had a staff or advisory roles at the company. 

Graduate Reviews

Overall Score
4.0
Overall score based on 13 reviews
They Score Best in…
8.7
Corporate Social Responsibility
8.5
Management
8.5
Recruitment
8.6
Training
8.7
Corporate Social Responsibility
8.5
Management
8.5
Recruitment
8.6
Training
What Graduates Say About Them
  • Global exposure, intense and competitive
  • Good people, lots of resources
  • A very good company culture, everyone is welcoming and hardworking. The company puts in a lot of effort to ensure employees are treated well.
  • Working with motivated and intelligent individuals in a well-established company.
  • The opportunities - being able to work for a best-in-class global investment bank means that even as a graduate the resources you have at your disposal are unbelievable. You get to work with some of the best and brightest people. You get to go to New York City for training and see first-hand the beating heart of global commerce. The responsibility you are given even at the most junior level is astounding and ultimately, the opportunities are unparalleled.
  • Decent amount of pressure
  • Working for such a large company it can sometimes feel like you are a small fish in a big pond, however, I think the firm is good at acknowledging this and actively encourages their junior staff to design their own initiatives or engage in a leadership role in extracurricular programs that are endorsed by the firm.
  • Culture could be better
  • The work-life balance, as is to be expected is demanding. But it's investment banking - you know what you're signing up for.

Jobs & Opportunities

Locations With Jobs & Opportunities
  • Sydney NSW, Melbourne VIC
Hiring candidates with qualifications in
B
Business & Management
C
Creative Arts
E
Engineering & Mathematics
H
Humanities, Arts & Social Sciences
I
IT & Computer Science
L
Law, Legal Studies & Justice
M
Medical & Health Sciences
P
Property & Built Environment
S
Sciences
T
Teaching & Education
Current Jobs & Opportunities

Internship, Clerkship or Placement

Sydney
You will monitor markets, develop trade ideas, conduct portfolio reviews, and learn about the solutions and products we offer our clients.
Applications Close
31 Jul 2024
Start Date
4 Dec 2023 - 2 Feb 2024
Salary
AUD 100,000 - 150,000 / Year

Internship, Clerkship or Placement

Sydney
You will work in either our Operations or Compliance team, in one of three core business disciplines.
Applications Close
13 Aug 2024
Start Date
4 Dec 2024 - 2 Feb 2025
Salary
AUD 60,000 - 84,000 / Year

Graduate Success Stories


  • Graduate stories
I love all the networking and training programs offered to analysts and associates. As a more junior employee, you feel supported and that the firm is investing in you.

Cassandra Austen

  • Graduate stories
I love all the networking and training programs offered to analysts and associates. As a more junior employee, you feel supported and that the firm is investing in you.

Cassandra Austen

  • Graduate stories
J.P. Morgan is a top-performing firm in markets services across the globe and I have been fortunate to join the fixed income sales team, which is one of the best.

Bill Brukner

  • Graduate stories
J.P. Morgan is a top-performing firm in markets services across the globe and I have been fortunate to join the fixed income sales team, which is one of the best.

Bill Brukner

  • Graduate stories
I love all the networking and training programs offered to analysts and associates. As a more junior employee, you feel supported and that the firm is investing in you.

Cassandra Austen

  • Graduate stories
I love all the networking and training programs offered to analysts and associates. As a more junior employee, you feel supported and that the firm is investing in you.

Cassandra Austen

  • Graduate stories
J.P. Morgan is a top-performing firm in markets services across the globe and I have been fortunate to join the fixed income sales team, which is one of the best.

Bill Brukner

  • Graduate stories
J.P. Morgan is a top-performing firm in markets services across the globe and I have been fortunate to join the fixed income sales team, which is one of the best.

Bill Brukner


A Day In The Life Of


  • Day in the life

Lucy Kemp

Lucy Kemp's graduate story. Get useful tips and information on how to find the best jobs & start your future career with J.P. Morgan.
  • Day in the life

Lucy Kemp

Lucy Kemp's graduate story. Get useful tips and information on how to find the best jobs & start your future career with J.P. Morgan.
  • Day in the life

Lucy Kemp

Lucy Kemp's graduate story. Get useful tips and information on how to find the best jobs & start your future career with J.P. Morgan.
  • Day in the life

Lucy Kemp

Lucy Kemp's graduate story. Get useful tips and information on how to find the best jobs & start your future career with J.P. Morgan.