JP Morgan Chase starts two-year hiring spree in India

J.P. Morgan Chase & Co. has started recruiting some of the 4,500 employees the company aims to hire over the next two years in India, a move that will double its head count in the country, a spokesman confirmed Tuesday.

The new hires will work in the company’s investment bank operations and deal with settling derivatives contracts in the cities of Mumbai and Bangalore. The jobs involve ensuring derivative contracts are routed to their owners and payment is transferred.

J.P. Morgan Chase will recruit those with experience in financial services or other qualifications such as a master’s degree in business.

The new hires are not replacements for employees elsewhere, the spokesman said. The growth in the derivatives business has prompted the need for more workers, he said. The new hires could eventually move to other company offices worldwide, he said.

J.P. Morgan Chase now has 4,500 employees in India.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now