Name:
Sherin
Career:
Wealth Management Analyst
Company Field:
JPMorgan Chase
Located In:
New York City, New York
Grew Up In:
Short Hills, New Jersey
Graduated From:
Cornell University
Majored In:
Hotel Administration
Graduated In:
2011
After College Lifestyles
Business Analysis
New York City
Cornell University
Sherin is a Wealth Management Analyst at JPMorgan Chase in New York City. Sherin's position is similar to a Project Manager as she is in charge of overseeing a venture from inception to completion. Sherin just purchased her own studio apartment in the heart of New York City. Learn about her experiences in and out of the office.
Overview:
Name:
Sherin
Career:
Wealth Management Analyst
Company Field:
JPMorgan Chase
Located In:
New York City, New York
Grew Up In:
Short Hills, New Jersey
Graduated From:
Cornell University
Majored In:
Hotel Administration
Graduated In:
2011
Quick Stats on Project Managing
Work Hours/Week:
50-60 hours
Work Hour Flexibility:
Medium
Quality of Lifestyle Outside of Work:
Medium
Work Stress Level:
Medium
Level of Routine Work:
Low
Interaction with Co-Workers:
High
Pay Level (out of 5):
$$$
Life of a College Grad Wealth Management Analyst
I work in the Private Bank at JPMorgan Chase. In 2011, I joined a rotational analyst program focusing on project management and internal consulting within the Private Bank. By partnering with the business/sales force and Technology, my team seeks out problems and opportunities and finds solutions to automate and make processes more efficient, develop new products/tools, and ultimately make the firm more money.
Project Manager's Daily Routine:
6:45 AM Wake up and get ready
7:30 AM Walk to the office
8:00 AM Arrive at the office and dial-in to our Private Bank morning meeting
8:30 AM - 6:30/7:00 PM Eat breakfast, check emails, attend various meetings, track projects and follow-up with business and technology partners to help keep things moving along, eat lunch, work on various power point presentations, assist my manager and team with various ad hoc requests/special projects as needed
7:00 PM Walk home
7:30 PM Make dinner & lunch for the following day
8:30 PM Watch some tv/catch up on emails or errands/talk to my family
10:00 PM Shower
11:00 PM Go to sleep and get ready to do it all over again :)
How To Get Into The Field
I studied Hotel Administration. I always tell people it is essentially a business school with a focus on the hospitality industry. I learned all the core skills of an undergraduate business curriculum (with some more fun classes in between - e.g. wine and beer tasting, culinary theory, etc.). Cornell's Hotel School definitely help put me ahead of the curve for my current job by teaching me to communicate effectively through various mediums and be analytical and solutions oriented. I found my job through Cornell's on-campus recruiting and begun my career at JPMorgan as an intern. After my internship the summer before my Senior year at Cornell, I decided to return as a full-time analyst.
What Do You
Really Do?
I help tackle finance related business problems (for example, a tool, system, or process is broken or needs to be built) and recommend and implement solutions for these needs. I help manage the various stages of a project, from the initiation phase when we are defining the scope, to making sure what we are delivering meets the business requirements, as well as assisting with the implementation and communication of our deliverables to the broader Private Bank community. I also work on presentations on a regular basis to provide senior management with project updates and to help to promote the strategic vision of our group.
Pros/Cons of Your Job
PROS: Very dynamic, high level of interaction with various groups, requires analytical thinking, high gratification when you see a project you have been working on get implemented and used
CONS: Long hours, deciding what projects get worked on/funded can be a political environment and therefore you have to be flexible and adaptable to the changing priorities from senior management, sometimes you start working things but they don't get implemented because of lack of funding or a change in business priorities
Tour My New York City Studio Apartment
Quick Stats on New York City
Job Opportunities:
High
Competition for Housing:
Medium
Housing Cost:
High
Population of Young People:
High
Nightlife:
High
Safety:
Medium
Biggest Industries:
Finance, Hospitality
The Life of a College Grad In New York City
What's it Like to Live Here?
New York City (aka "the City) is an exciting place to live for the younger crowd. I have always loved it here because there is always something interesting going on. Either a movie or show is being filmed in the street, or you see some crazy people yelling at each other on the sidewalk. Its noisy and chaotic...but fun, fast-paced and invigorating. I am slightly biased, but I am firm believer that all the action happens in New York City. This city is also a foodie's paradise, with so many awesome and innovative restaurants and bakeries to try...its a never ending adventure (although it can quickly burn a hole in your pocket, but everything in moderation). I would say the stereotypes about New Yorkers are true - people are blunt, loud, and unphased by something that a visitor might find outrageous...but overall people are friendly and extremely loyal to this city.
How Did I End Up Here?
Growing up in NJ, I was always pretty close to New York City and knew it was a location that I wanted to work and live in. I also wanted to be somewhere that was still close of enough to home. If I need to go home, which I usually do once a month, I can just hop on a train and be home with my family in under an hour. Living in New York, you definitely get used to living in small spaces, the traffic, the noise, and only buying what you can carry with your own two hands - I have a one-bag rule when I go grocery shopping! But ultimately, having to adapt to a smaller space has taught me that I really don't need so many things to live. New York is also great place for the social scene; people love to go out here and be with other people...whether its for eating, drinking, or dancing...there is definitely not shortage of social activities.
My Set-Up
I recently just made the biggest purchase of my life and bought a small alcove studio in midtown Manhattan. I just moved so I'm still in the process of getting set up and situated. I love living by myself and having my own space (albeit, a small one). I have a small sleeping area, living room section, and dining room area, with a separate kitchen. Its basically one open L-shaped room, with a kitchen, bathroom, and a few closets. It's simple and cozy, but I love it. I currently live in midtown Manhattan, which I personally enjoy. It's in the heart of New York and I love being able to walk to work. I'm also just a few blocks away from Central Park, Times Square, and all sorts of shopping. Just about everything I need is within walking distance, which couldn't be more convenient. I love not needing car to get around.
Closing Advice
Be flexible and don't stress so much about having to find the best/perfect/highest paying job. We will be working for the rest of our lives, so there is plenty of time to figure out what you want to do. Also, save as much money as you can! Living on your own costs a lot of money...it makes me think...wow I can't believe my parents spent so much money on frivolous, random things to make us happy...it really helps put things in perspective.
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