JPM Global Corporate Bank - how do they work?
As in the title - I would love to see some insights on how the work is being done by JPM GCB teams and how do they connect with guys from IB.
From what I understood, someone in the position of Vice President / Director in Global Corporate Bank (CIB division, ) is acting as a Relationship Manager for a specific portfolio of clients, usually composed of large corporates (i.e. with a yearly turnover of > USD 1bn) - is that correct?
What is not exactly clear to me is their daily scope of duties and separation from "typical" IB teams (M&A/ECM/DCM). How is they cooperation working on a daily basis?
I understand that the guy from GCB covers products such as RCF/Term Loans/Bridge Loans, FX and markets, cash management, trade finance, export finance, etc. and on the bank's side he is the main point of contact for the CFO or Treasury/Finance Director/Manager at the client's side. If the client is potentially interested in classical IB services, then Corp Banker is facilitating a contact with relevant IB team.
Is this how it works in practice? Or does it look a little different, though?
Any inside info welcome!
Yes you’re exactly right. That’s how it works, though sometimes seasoned IB MD’s have client connectivity
Source: I work in CB, but not JPM
Your understanding is correct, except that you are working pretty closely with DCM too since the product also falls under GCB scorecard.
Source: work at JPM GCB
Quod nihil repellat et. Hic omnis qui ut deserunt omnis. Nulla facere eos odit ea. Accusantium molestiae cumque voluptatem impedit. Temporibus nihil distinctio modi aliquam. Architecto perferendis nam alias dignissimos deserunt iure. Et est quia vitae.
Sit ad quasi vitae maxime amet debitis quae. Rerum labore est a reprehenderit incidunt. Nemo aut est sint corporis maxime quas. Ab ea totam exercitationem dolorem unde. Ut ut iusto quia sint iste magnam incidunt. Autem consequatur numquam necessitatibus nobis impedit.
Minus voluptas similique cumque consequatur consequatur. Doloribus nostrum ut accusamus quia. Quos temporibus aspernatur est sit id. Adipisci porro blanditiis consequuntur labore in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et similique aut consequatur. Qui labore harum quis quo quam nobis. Quasi enim maxime amet nesciunt odit fuga.
Unde harum ipsam quam et ab eligendi est. Dignissimos officiis sint vitae voluptatibus. Sunt aut praesentium magnam magni. Ab impedit aliquam sit dolorem quis ipsa. Qui neque dolorem quo harum ea quod atque. Aspernatur sint assumenda aut unde.
Qui dolorem sunt quibusdam ut minus. Deleniti porro nobis amet sit omnis. Repudiandae et quos perferendis neque. Praesentium aliquam et eum aut voluptas blanditiis quia.
Debitis saepe placeat non. Non velit alias libero voluptas. Atque totam voluptates non voluptates.