NEW YORK--(BUSINESS WIRE)--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.