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JPMorgan Chase announced a hiring spree to hire 5,000 technologists in India in 2022 as they step up their operations.
A US-based financial services company, JPMorgan Chase is one of the largest employers in India’s foreign banking arena. The company hired 4,000 employees in 2021.
JPMorgan is focusing on hiring technologists from Hyderabad, Bengaluru and Mumbai. The company is hiring digital operators from the field of big data and robotics, which are emerging as the future of banking operations. The company is increasingly investing and building on complex technology roles in AI, analytics and blockchain.
Assigning global roles encompassing product, design, and technology partners to India, the hiring is for individuals who work in AI, machine learning, cybersecurity, cloud computing and data engineering.
Ravi Pasupuleti, Managing Director, Mumbai Tech Center Lead said, “Our India employees are being aligned to global product roles and are driving initiatives globally.”
One third of the bank’s employees are based in the three cities and rising in importance on the global map acting as innovation hubs linking multiple lines of functions and business across the world.
JPMorgan Chase has been focusing on hiring computer science majors but also hiring from ancillary streams through ‘Tech Connect’, one of their hiring initiatives. The hiring is directly at mid- and senior levels, leveling up to managing directors with a dedicated training programme.