scorecard
  1. Home
  2. stock market
  3. JPMorgan launched a new tool to help fill 7,500 finance jobs in NYC

JPMorgan launched a new tool to help fill 7,500 finance jobs in NYC

Frank Chaparro   

JPMorgan launched a new tool to help fill 7,500 finance jobs in NYC
Stock Market2 min read
bank teller

Boston Globe / Contributor / Getty Images

There are thousands of available finance jobs available in New York City, and JPMorgan is trying to fill them with a new career search tool.

On Wednesday, the bank and the Council for Adult and Experiential Learning (CAEL) unveiled BankingOnMyCareer.com, to help New Yorkers find "middle-skilled" financial services jobs. Such jobs typically require a bit more training than a high-school degree and a bit less training than a bachelor's degree. According to a news release, 7,500 of these jobs are open in New York City.

"We want New Yorkers to know there are thousands of good-paying job opportunities in the financial services sector just waiting to be filled by middle-skilled workers," said Chauncy Lennon, head of workforce initiatives at JPMorgan Chase.

Some of the available job opportunities on the site: anti-money laundering analyst, which pays $60,000 to $80,000 per year, and customer service representative, which pays $28,000 to $36,000 per year.

BankingOnMyCareer.com is a collaboration between CAEL, CUNY, Partnership for NYC, a non-profit representing businesses in the Big Apple, and JPMorgan. JPMorgan's contribution of $580,000 for the project is a part of its $350 million commitment to address the so-called skills gap.

Firms across the country are finding it difficult to fill positions that pay good salaries, but require more than a high-school degree. This is an issue Jamie Dimon, JPMorgan CEO, has called attention to.

"If you go to Texas, they need welders. If you go to other areas, they need people who can do construction, plumbing, electrical work. Business has to be involved locally with civic society, in this case schools, to get the kids trained to have a job," Dimon said in a recent interview with Business Insider's Matt Turner.

NOW WATCH: A study on Seattle's minimum wage hike shows $100 million a year in lost payroll for low earners

Please enable Javascript to watch this video

Advertisement

Advertisement