Anyone work in JPM/GS/Morgan Stanley back office before?

Originally Posted by Unregistered

Yup, but I just saw they updated to 8-16k on MCF already for associate already. Not sure what is the value for Analyst position and whether I should just nego based on Associate is 8-16k range

I thought that's the "generic" role whereby you'll be interviewing for other teams based on the availability? Is yours BO or MO? Haha

Originally Posted by Unregistered

I thought that's the "generic" role whereby you'll be interviewing for other teams based on the availability? Is yours BO or MO? Haha

I applied for a generic role so I don't even know what is my role :') One of my interviews did ask me if I was interested in MO or BO I said I'm fine with any of the roles and the manager said "Good answer, that is the correct answer" so until now, I don't even know what role I am doing LOL This my first time applying to financial institutions, have never interned or even interviewed with financial institutions before so I am not familiar with the process

Originally Posted by Unregistered

I applied for a generic role so I don't even know what is my role :') One of my interviews did ask me if I was interested in MO or BO I said I'm fine with any of the roles and the manager said "Good answer, that is the correct answer" so until now, I don't even know what role I am doing LOL This my first time applying to financial institutions, have never interned or even interviewed with financial institutions before so I am not familiar with the process

LOL the mgr’s reply. I see, means yours is likely not an experienced hire which is why they lowballed you I guess.

Originally Posted by Unregistered

LOL the mgr’s reply. I see, means yours is likely not an experienced hire which is why they lowballed you I guess.

Yeah I have a rather stellar resume for another industry, but when it comes to finance, I have 0 internship and work experience despite being a finance major. I wonder if it is possible to get 6k on basis of comparing to MyCareersFuture. Not just the manager's reply, the comments from other interviews also left me speechless like "You have stellar grades", "Wow you took (some very hard module) and got A+". Never knew how to reply LOL

Originally Posted by Unregistered

Yeah I have a rather stellar resume for another industry, but when it comes to finance, I have 0 internship and work experience despite being a finance major. I wonder if it is possible to get 6k on basis of comparing to MyCareersFuture. Not just the manager's reply, the comments from other interviews also left me speechless like "You have stellar grades", "Wow you took (some very hard module) and got A+". Never knew how to reply LOL

Hi. How long did they get back to you with the verbal offer?

Originally Posted by Unregistered

Hi. How long did they get back to you with the verbal offer?

From application to verbal offer is around 2 weeks, could have been faster but I had examinations so could not provide earlier availability for interview

Originally Posted by Unregistered

Yeah I have a rather stellar resume for another industry, but when it comes to finance, I have 0 internship and work experience despite being a finance major. I wonder if it is possible to get 6k on basis of comparing to MyCareersFuture. Not just the manager's reply, the comments from other interviews also left me speechless like "You have stellar grades", "Wow you took (some very hard module) and got A+". Never knew how to reply LOL

Even with 0 YOE, they should not be lowballing you that much. I know of an AML KYC dude with no work experience and jobless for 6 months after graduating yet still drawing 6k/month.

Fresh grads at GS are getting 6 to 6.5k so I definitely think you should nego or turn down the offer if they are unwilling to increase pay. With that being said, GS is on a hiring freeze, so not sure why is this position open and the lowball offer might be a result of budget constraint.

Originally Posted by Unregistered

Even with 0 YOE, they should not be lowballing you that much. I know of an AML KYC dude with no work experience and jobless for 6 months after graduating yet still drawing 6k/month.

Fresh grads at GS are getting 6 to 6.5k so I definitely think you should nego or turn down the offer if they are unwilling to increase pay. With that being said, GS is on a hiring freeze, so not sure why is this position open and the lowball offer might be a result of budget constraint.

Is it really the case that they are having a hiring freeze? I still see a lot of openings on their website. During the phone screening, the HR mentioned this is urgent hire (although my friends say everytime is urgent hire due to high turnover) and during the interview, the manager mentioned that there are quite a few roles (around 4 to 5) that he is looking to fill and hence, asked me which I prefer and which is my interest so that he can potentially place me in the one that best fit me along with my interest. Yes, I am hoping to get 6k so going to negotiate. With that being said, I don't have any other offers to negotiate with. Only have one that is nearing 4k but not even 4k and I already graduated.

Are your friends those that converted from their summer program? They might get a higher pay because they are in a different program.

Originally Posted by Unregistered

Is it really the case that they are having a hiring freeze? I still see a lot of openings on their website. During the phone screening, the HR mentioned this is urgent hire (although my friends say everytime is urgent hire due to high turnover) and during the interview, the manager mentioned that there are quite a few roles (around 4 to 5) that he is looking to fill and hence, asked me which I prefer and which is my interest so that he can potentially place me in the one that best fit me along with my interest. Yes, I am hoping to get 6k so going to negotiate. With that being said, I don't have any other offers to negotiate with. Only have one that is nearing 4k but not even 4k and I already graduated.

They don't have a hiring freeze, I literally went for a couple of interviews these past 2 weeks. Dude is full of ****.