Salary Inquiry: Counterparty Risk Position at JPMC
I’m currently transitioning from a BB to JPMorgan Chase (2nd Line of Defense) and seeking insights on the suitable salary range for this role. I have 3 years of experience, a Master’s degree from a Russell Group university, and I’m a CFA charterholder. This opportunity is based in London. Any advice would be greatly appreciated!
One response
When considering a counterparty risk position at JPMC in London, it’s important to take into account various factors such as your education, experience, and the current market trends. Given your 3 years of experience, a master’s degree from a Russell Group university, and a CFA designation, you are in a strong position.
As of late 2023, salary ranges for positions in risk management at major banks in London can vary widely depending on the specific role and team. Generally, for a position like yours in the second line of defense, you can expect a salary range of approximately £55,000 to £85,000 per year.
At JPMC specifically, the typical offer might lean towards the higher end of this range or even slightly above it, considering your qualifications and the competitiveness of the market. Additionally, don’t forget to factor in potential bonuses and other benefits, which can significantly enhance your overall compensation package.
It might also be useful to do some research on current salary trends in London’s financial sector or reach out to others in similar roles for more specific insights. Good luck with your negotiations!