Embracing diversity and inclusion.

At J.P. Morgan, doing first-class business in a first-class way has everything to do with our people. Along with our reputation, our people are our most valuable asset. In an industry as dynamic, innovative, and complex as financial services, we need the very best employees. 

Commitment to meritocracy

We are deeply committed to cultivating an inclusive environment where everyone can succeed based on merit. For us, this simply makes good business sense. We are only as successful as our people, and we want to draw from the broadest, smartest talent pool in the world. We believe no barrier should inhibit an individual from performing to her or his full potential. Different perspectives bring strength and creativity to our work and lead to the best solutions for our clients.

We - and our clients - have experienced first-hand the benefits of being actively inclusive, operating as a meritocracy, and embracing diversity to harness the talent and experience of our best individuals.
These, and other, aspects of our culture enable creativity and entrepreneurship to thrive. It draws the best talent to J.P. Morgan and enables people to contribute, advance, succeed, and be rewarded based solely on their capability and character.

We support and nurture diversity and inclusiveness in a number of ways across the firm and within the Investment Bank.

Management accountability

"We are morally, programmatically and institutionally committed to inclusiveness and diversity."
- Jamie Dimon, CEO, JPMorgan Chase, 2005 annual shareholder letter.

Responsibility for creating a diverse and inclusive organization begins at the top. Our CEO, Jamie Dimon, leads the Corporate Diversity Council – a group of senior leaders from across the company who set the vision and strategy for diversity at the firm.

Within the Investment Bank, Carlos Hernandez, head of our Global Equities business, and Blythe Masters, head of Global Commodities, represent our business on the Corporate Diversity Council.
Progress on diversity objectives is reviewed monthly by the executive management of the firm and regularly with the Board of Directors. In addition, managers understand that they are accountable for making measurable, sustainable progress in this regard. 

For example, within the Investment Bank, the compensation of colleagues who have significant management responsibilities is tied to performance against key people objectives, which include recruiting the broadest possible pool of talent, developing our employees through a range of professional experiences, and creating an environment where everyone can succeed on merit.

Managers are also encouraged to participate in a range of diversity activities, including:

• Mentoring 
• Leadership and/or sponsorship roles in Employee Networks 
• Participating in college recruiting 
• Sponsorship of 'fireside chats' with key employee groups

Programs and partnerships to promote diversity

Launching Leaders for undergraduates

J.P. Morgan Launching Leaders Undergraduate Scholarship provides top students and with internship opportunities in the Investment Bank, as well as scholarships of up to $10,000 a year. The program is open to Black, Hispanic and Native American sophomores who are interested in financial services. We are open to all majors and you must have a 3.5 GPA minimum. To learn more, visit jpmorgan.com/launchingleaders

J.P. Morgan Launching Leaders Experience is a chance for top Black, Hispanic and Native American freshmen to meet us first-hand and see what we do close-up. Meet and job-shadow our people, take part in educational activities, and discuss global finance with industry experts. Your all-expenses-paid visit won't just give you a taste for working in a premier investment bank – it will inspire you to become one of our future leaders. To learn more, visit jpmorgan.com/launchingleaders

Launching Leaders for MBAs

The Launching Leaders MBA Scholarship is aimed at the very best Black, Hispanic or Native American MBA students. Chosen candidates will be offered a $40,000 scholarship toward their first-year tuition fees, and a place in our prestigious MBA Summer Associate Investment Banking Program. To learn more, visit jpmorgan.com/launchingleaders

J.P. Morgan Winning Women Leadership Events

At our Winning Women Leadership events and summer boot camp, freshman, sophomore and junior students interested in Investment Banking, Sales & Trading and/or Research can meet some of the top players in the business and hear how they've personally impacted on our success. We give students the opportunity to get involved in presentations and interactive skills sessions, network with some of our best people, and get inspiration for how they can follow in their footsteps. To learn more, visit jpmorgan.com/winningwomen

Diversity Case Study

Attracting and retaining top talent is not only necessary – it's critical. Hear from Laureen Callo, Executive Director in Treasury Securities Services (Vice President in Syndicated and Leveraged Finance at the time of the case study), on how J.P. Morgan is getting the best and the brightest to join our team.