News
JPMorgan Chase Pledges to Hire 1,000 Vets in Tech
New five-year commitment builds on 10,000 Veteran hires made since 2011
In conjunction with a renewed employment commitment by the White House’s Joining Forces program, JPMorgan Chase & Co. today announced a five-year pledge to recruit and hire 1,000 U.S. military Veterans into technology positions. The pledge builds upon more than 10,000 Veteran hires made across the firm over the last five years and commits to increasing Veteran technology hires by nearly 30% over the next five years.
Ross Brown, Head of Military and Veterans Affairs, JPMorgan Chase
The positions will fall within the firm’s Global Technology function, which employs more than 40,000 technologists and serves customers, clients and colleagues in over 100 countries around the world.
Dana Deasy, Global Chief Information Officer, JPMorgan Chase
Tech Training Opportunities
JPMorgan Chase recently renewed its support to the Institute for Veterans and Military Families (IVMF) at Syracuse University with a $13.8 million commitment through 2020. Part of the contribution will continue to wholly fund the Veterans Career Transition Program (VCTP) which offers a technology track for current and former service members, as well as their spouses. Since 2011, more than 2,400 information technology certificates have been completed at no cost to participants.
Courses are offered online for easy access regardless of location and cover Project Management, Six Sigma, and other technical skills and software applications essential to a career in technology. For jobs that require industry certification, the IVMF covers the graduate’s associated exam fees, where applicable.
JPMorgan Chase also committed $300,000 to the University of South Florida’s (USF) Florida Center for Cybersecurity to help prepare Veterans for jobs in the rapidly-growing cybersecurity field. In partnership with the firm, USF created New Skills for a New Fight, a tuition-free student Veteran certification program focused on incident detection, response and containment, as well as forensics, information assurance and analysis. Students also gain hands-on industry experience through 12-week internships.
Programming will launch in late 2016, but local veteran entrepreneurs will have access to Rev1’s monthly founder programming and First Connect network to connect with resources in legal, HR, accounting, marketing and more.
Joining Forces with the White House
JPMorgan Chase’s commitment is part of today’s announcement made by the White House in honor of the fifth anniversary of Joining Forces.
Courses are offered online for easy access regardless of location and cover Project Management, Six Sigma, and other technical skills and software applications essential to a career in technology. For jobs that require industry certification, the IVMF covers the graduate’s associated exam fees, where applicable.
Mrs. Obama in a Wall Street Journal Wall Street Journal op-ed
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services Firm with assets of $3.2 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Kim Morton, JPMorgan Chase & Co.
Tel. +1 212.207.8288
Kim.Morton@JPMorgan.com