Home / Blockchain / Blockchain: Here’s what developers and engineers are getting paid at JPMorgan, which has one of the biggest tech budgets on Wall Street

Blockchain: Here’s what developers and engineers are getting paid at JPMorgan, which has one of the biggest tech budgets on Wall Street

Blockchain:

Blockchain: FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon/File PhotoBlockchain: FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon/File Photo

VP-level engineers and developers at JPMorgan Chase can make over $140,000 in base pay.

Reuters


This story is available exclusively to Business Insider subscribers.
Become an Insider and start reading now.

Wall Street and technology are deeply intertwined. Every executive on the Street understands the importance of tech and the value it can provide his or her firm, whether it’s streamlining manual processes or helping to uncover new investment opportunities. 

JPMorgan Chase is no exception to the rule. In 2019, the bank spent $11.4 billion on technology, according to a report from UBS — ranking it No. 1 among banks by spend. 

But that type of spend isn’t just for databases or servers. The war over tech talent has increased significantly over the years. Big tech companies, hedge funds, and startups are all in search of strong developers and engineers. 

Read more: The 6 biggest US banks granted over 5,000 H-1B visas last year. Here’s how firms like Goldman Sachs and Wells Fargo are reacting to Trump’s shutdown.

Business Insider analyzed the US Office of Foreign Labor Certification’s 2020 disclosure data for permanent and temporary foreign workers to see how much JPMorgan Chase pays its technology employees, specifically developers and engineers. The data only includes base pay, not bonuses, which can be substantial on Wall Street

JPMorgan is no stranger to sourcing talent outside the US. Among the six big US banks, JPMorgan had the highest total number of H-1B visas approved in 2019.

The salary data analyzed by Business Insider is based on jobs in the US. Data collected includes roles across 11 states and Washington D.C., with the majority for jobs based in New York, New Jersey, California, Delaware, Ohio, and Texas.

Salary data for specific roles was either an average of multiple employees with the same title or a single individual. Some of the data included a range as opposed to a specific salary.

A spokesperson for JPMorgan declined to comment.


Blockchain: Associate engineers

Associate, software engineering, QA/Test automation: $94,000.00

Associate, infrastructure engineering: $105,553.71

Associate, software engineering, ETL Informatica developer: $107,000.00

Associate, software engineering: $113,485.69 to $127,500

Associate, big data software engineer: $140,000.00

Associate, Java software engineer: $140,000.00

Site reliability engineer, associate: $136,666.67 to $170,000

Associate, full-stack engineer: $150,000.00

Associate, AI full-stack engineer: $180,000.00


Blockchain: Engineers

Cloud software engineer: $110,000.00

JAVA software engineer: $120,000.00

Software engineer: $121,302.65 to $200,000

DevOps engineer: $130,000.00

Devops software automation engineer: $130,400.00

Software engineer, AI platform: $150,000.00

Site reliability engineer: $157,500.00 to $170,000

JAVA/J2EE software engineer: $180,000.00

Full-stack software engineer: $180,000.00


Blockchain: Senior engineers

Senior software engineer: $138,125.00

Software engineering lead: $160,000.00

Senior Python engineer: $155,000.00

Senior data platform engineer: $150,000.00

AI platform senior cloud engineer: $210,000.00

Senior application security engineer: $220,000.00

Senior software engineer, internal tools: $225,000.00


Blockchain: VP/manager/director engineers

VP, infrastructure engineering: $138,975.00

VP, software engineering: $144,161.41 to $163,750

VP, solutions engineering lead: $150,000.00

VP, software engineer/system architect: $155,000.00 to $165,000.00

VP, senior virtualization engineer: $155,000.00

VP, lead software engineer: $180,000.00

VP, product manager blockchain engineering team: $190,000.00

VP, software engineer Java full stack: $190,000.00

Executive director, software engineering: $190,000.00 

VP, senior software engineer, cloud team: $250,000.00

Senior software engineering manager: $310,000.00


Blockchain: Associate developers

Associate, infrastructure Python developer: $85,000.00

Associate, Java application developer: $86,000.00

Associate, software development: $108,300.00

Associate, application developer: $111,688.39

Associate, infrastructure developer: $125,000


Blockchain: Developers

Full-stack developer: $103,000.00

Application developer: $105,000.00

Actimize developer: $126,000.00

Applications developer lead: $134,000.00


Blockchain: VP developers

VP, software lead developer: $115,500.00

VP, IT development team: $123,300.00

VP, senior Essbase developer: $133,000.00

VP, lead applications developer: $135,000

VP, senior application developer: $140,000.00

VP, infrastructure development: $141,800

VP, application development lead: $143,900.00 to $160,000

LoadingSomething is loading.

More:

JPMorgan
Wall Street
Fintech

Read More

Share this:

Share

About admin

Check Also

Blockchain: EU leaders to ask European Commission to name areas of strategic weakness – Reuters India

European Commission President Ursula von der Leyen gives her first State of the Union speech during a plenary session of European Parliament in Brussels, Belgium September 16, 2020. Olivier Hoslet/Pool via REUTERSBRUSSELS (Reuters) - European Union leaders will ask the EU executive next week to name strategic areas where the bloc relies too much on…

Leave a Reply

Your email address will not be published. Required fields are marked *