Fintech
The fintech still making big hires in London is… JPMorgan
JP MorganDigital bank Chase had big plans for 2024. Previous CEO Sanjiv Somani said the pseudo-fintech team wanted to double its UK headcount this year, in September 2022, and while exact figures are elusive, Chase the UK and the ICB (international consumer banking) team certainly hasn’t let up on the accelerator.
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JPMorgan currently has 81 open job listings linked to its “ICBCareer” hashtag, including a number of senior technology roles. These include a data manager, a security engineering and product manager and a cloud platform engineering manager in London. It also includes the ICB Nutmeg, an investment management fintech acquired by the bank in 2021; it is unclear which team these hires belong to. Only 17 listings explicitly mention Chase UK.
Chase is also expanding to Berlin. The German capital is currently hiring a head of day-to-day banking, as well as a head of fraud and financial crime. For many of the ICB’s roles, the bank explicitly requests applications from “all genders”.
Chase UK’s most senior hires in 2024 appear to be vice presidents. Sébastian Wynan joined as product manager from Boston Consulting Group’s technology unit, BCG X. Last month he hired Rachel Kellett-Clarke, head of card operations at personal finance fintech Cleo, to work on project execution .
JPMorgan certainly seems to be positioning itself lots of supplies in the Chase brand. Last week it added the Chase logo to the London skyline by lighting it atop its London office. Kuba Fast, CEO of Chase UK, called it a symbol of “all that is to come as we continue to build our consumer banking business.”
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