JPMorgan Chase Pledges to Hire 1,000 Vets in Tech
May 05 2016 - 12:08PM
Business Wire
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.
“The military instills service members with the character,
training and skills critical to success in almost any field,” said
Ross Brown, Head of Military and Veterans Affairs for JPMorgan
Chase. “At JPMorgan Chase, we hire current and former military
not only because it’s the right thing to do for those who have
served our country, but it’s also good for our business. We look
forward to further infusing our technology teams with top Veteran
and military talent.”
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.
“Our commitment to hiring Veterans is long-term,” said
JPMorgan Chase Global Chief Information Officer Dana Deasy.
“We rely on diversity – different life experiences, multiple points
of view – to drive a culture of innovation in Global Technology,
which is critical to becoming a world-class technology
organization. Veterans bring extraordinary technology capabilities
and skills from their diverse military experiences.”
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.
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.
“[M]ore than 50 American companies and organizations—from small
startups to multinational corporations like Amazon, JPMorgan Chase,
and AT&T—are pledging to hire 110,000 veterans and military
spouses and to train more than 60,000 of them,” said Mrs. Obama in
a Wall Street Journal op-ed.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global
financial services firm with assets of $2.4 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. By focusing
on employment, financial capability and small business, JPMorgan
Chase aims to position military members, Veterans and their
families for success in their post-service lives. To learn more
about the company’s efforts, visit
www.jpmorganchase.com/Veterans.
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version on businesswire.com: http://www.businesswire.com/news/home/20160505006193/en/
Media:JPMorgan Chase & Co.Kim Morton,
212-270-8228kim.morton@jpmorgan.com
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