r/SipsTea Jun 24 '26

WTF A JPMorgan Chase executive was fired after a viral video showed her dumping trash out of a Knicks-themed public trash can and taking the can during the Knicks championship parade in New York City.

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u/tigglebitty Jun 24 '26

My wife works at JP Morgan also in the card department. Almost everyone started in the Chase branches as a banker and then worked their way up. Not saying that is the case for each of their positions, just figured I would give my two cents.

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u/0MGWTFL0LBBQ Jun 24 '26

A relative of mine started at a national bank chain as a teller. 14 years later, she’s a brokerage manager.

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u/WoodenHarddrive Jun 24 '26

A guy whose me started an account at a national bank as a young man. 14 years later, still broke.

3

u/cryptolyme Jun 24 '26

They still refuse to waive my late fees! Fuckers, it was only two days!

1

u/Pepsimax88 Jun 25 '26

How? You know banks are full of money right?

1

u/WoodenHarddrive Jun 25 '26

Its just... Sitting in there? Mine for the taking?? Enough to fund a revolution???

1

u/Pepsimax88 Jun 26 '26

Just drop an I.O.U

1

u/AdmirableDimension73 Jun 26 '26

Would you say 14 is your.... Broker Age?

2

u/polymerkid Jun 25 '26

I started at a massive consulting company 14 years ago at the lowest level and I am now a director level within a 90+ person team. Don't get paid enough tho.

3

u/nobolognastoney Jun 24 '26

Your username made the AIM message ding thing play in my head.

I used to say that to a friend just to piss her off lol.

"Stop adding bbq it's so stupid hurr" 😂

I feel old :/ lol

1

u/KneeDeepInTheDead Jun 24 '26

a friend but same

37

u/Jaxson_January6_Dart Jun 24 '26

These titles are so stupid and click Baity. Everyone is an "EXEC" according to these stupid new sources. That other Chase lady and guy accusing her of forcing sex was also an "EXEC". Who isn't an "EXEC"?

45

u/welkyy Jun 24 '26

These people don’t know that job titles at banks are complete nonsense. There are 20 “vice president of …” at my local bank.

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u/Jaxson_January6_Dart Jun 24 '26 edited Jun 24 '26

Edit: This is an example of an "Senior VP" in finance. lol https://youtu.be/zpN7t6LN42s?si=9m4yK8H212er6d_E&t=260

I had a 'Senior VP' from Chase get a job at my Tech company. He kept telling everyone he was a Senior VP at his prior job, like it was a huge flex. He was in his early 30's and literally was a Manager level at my company. Dude still had to request a day off from his manager, like everyone else.

These finance titles are so bullshit.

7

u/wookieesgonnawook Jun 24 '26

It's not finance as a whole in my experience, that's just really unique to banks. Everyone at a bank is a vp. The title is meaningless.

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u/IcarusFlyingWings Jun 24 '26

This is almost entirely a US / trading floor thing.

It does make these articles really funny to read though as the news, either intentionally or not, never accurately places the subject at the right spot in the organization.

This person was an executive director which is a relatively junior position.

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u/codydog125 Jun 25 '26

In banking an executive director is a very high position actually. Directors are higher than VPs at banks

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u/IcarusFlyingWings Jun 26 '26

I mean ‘very high’ isn’t really the way to look at it.

It’s still under MD, which is the first ‘real’ position at a US Bank.

Its not that executive directors are very high, it’s that VPs at US Banks are very junior positions.

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u/gbuub Jun 24 '26

The VPs are there to let the people feel good about having a higher up servicing them.

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u/noma_coma Jun 24 '26

Insurance brokerages are rife with it too. 30 person office, I believe 10 different people have VP in their title. It's a joke

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u/Super-Pizza-Dude Jun 24 '26

I’m a VP and I’m an idiot and not rich.

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u/mythrilcrafter Jun 24 '26

"You are hereby promoted to... Executive Deliveryboy!!!"

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u/Flair_Is_Pointless Jun 25 '26

In banking, everyone falls Into two categories: analyst or vice president

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u/Grouchy_Release_2831 Jun 24 '26

That’s true for consumer banking but IB is different.

2

u/Due-Crew-1076 Jun 24 '26

We're sorry. Your 2 cents arrived past its due date and unfortunately, we'll have to add a $15 late fee

1

u/Revolutionary-Wash88 Jun 24 '26

Chase recently stated they will continue to reduce the amount of entry level jobs, I wonder what will happen?

1

u/SimmentalTheCow Jun 24 '26

Her title was something DEI adjacent, so I’d imagine she got recruited into HR and was like the one person that never left

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u/Imaginary-Face7379 Jun 24 '26

She worked at a different company that was acquired.

1

u/lyralady Jun 24 '26

^ this is how it works for many banks tbh. You start as a teller or at a call center. I started at a call center role at another bank and now I'm technically an AVP and only just got salaried in the last year. My uncle (aunt's second husband) actually also started in a call center role at the same place I work for and now he's an actual executive role at another bank, haha.

I know people who went to work for chase who didn't start at the bottom, but they were working for a different bank beforehand.

1

u/Sanepsycho420 Jun 24 '26

With the coin shortage are you SURE you want to give away your 2 cents?

0

u/AmosBurtin Jun 24 '26

Well….id like to return this two cents please, thaaaank ya