Feb 12, 2020

Is the pay in Plano any different? Credit Risk JPM Salaries.

Just as the title implies. Looking at a position in Plano for credit risk with JPM. I have seen across that analyst salaries are ~85k. Does anyone know if that is the same for Plano?

 
 

Credit analysts who started in Plano in 2020 and 2021 had salary set at 65k starting, goes up to 70k after 6 months. Word going around that they will get a bump very soon after the new year (my assumption is that NY Analysts would be re-pegged to IBD, and Plano will be that minus 20k like it is now). Plano will always be a discount to NY for credit at least, despite no other part of CIB adjusting salaries for location. This is half of the reason for why they are losing analysts like crazy but senior management too dumb to realize.

 

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