About Us | Onyx by J.P.Morgan (2024)

About Us | Onyx by J.P.Morgan (1)

Onyx by J.P. Morgan

Onyx by J.P. Morgan is at the forefront of a major shift in the financial services industry. We are the first global bank to offer a blockchain-based platform for wholesale payments transactions, helping to re-architect the way that money, information and assets are moving around the world.


About

Who we are

Onyx has pioneered the world's first blockchain-based platform for wholesale payments transactions, helping to transform the way that money, information and assets are moving around the world.

We are innovators who have cultivated a deep understanding of institutional banking and technology to create reliable infrastructure and services for the world’s most pressing problems – starting with digital assets, payments and information sharing within banking.

About Us | Onyx by J.P.Morgan (2)

Our Offerings

focused on digital solutions for the transfer and clearing of money, which can be applied to a variety of systems including multi-bank and multi-currency ledgers.

a center of excellence and leader in developing and launching new applications, networks and shared platform technology.

Why blockchain innovation

We use technology to help large institutions, corporations and fintechs who are interested in leveraging innovative technology solutions to help solve real-world business problems at scale. We have re-architected the infrastructure of value transfer, using intelligent, real-time networks to help unlock the potential of distributed ledger technology. Institutions around the world work with us through secure, open collaboration platforms that integrate quickly and seamlessly across global markets.

About Us | Onyx by J.P.Morgan (3)

Team

Why Onyx

As the first global bank to enable deposit accounts on a blockchain ledger, we are the leading experts in using blockchain technology for banking.

Our Leadership Team includes technical, commercial and strategic thought leaders who are shaping the future of payments.

About Us | Onyx by J.P.Morgan (4)

Umar Farooq

CEO

Umar Farooq is the CEO of Onyx by J.P. Morgan and the Global Head of Financial Institution Payments. Onyx is a J.P. Morgan business unit that leverages cutting-edge technologies like Blockchain to develop innovative products, platforms and marketplaces. Prior to this Umar was the Global Head of Digital Wholesale Payments and Head of Blockchain for the Corporate and Investment Bank (CIB). Previously he was the Head of CIB Fintech and the CFO responsible for financial oversight and business management across CIB Technology, Operations, and Controls. Umar has also held leadership positions in Chase Bank in the past including Head of Small Business Segment and National Sales Manager for Chase Business Banking. Umar holds a B.S. in Computer Science, B.S. in Economics and M.Engg. in Computer Engineering from the Massachusetts Institute of Technology. Umar received his JD from Yale Law School.

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About Us | Onyx by J.P.Morgan (5)

Our People

Who we are

We are bold, innovative, curious and are testing the limits of what technology can do.

We need people with big ideas, who are both doers and thinkers. We need people who can adapt, move fast, and thrive on working with others towards a larger purpose.

We are committed to:

  • About Us | Onyx by J.P.Morgan (6)

    Bringing in Top Talent and providing unique opportunities to influence the future of global commerce

  • About Us | Onyx by J.P.Morgan (7)

    Empowering Team Members to take risks, be visionary, and focus on execution all under helpful coaching and training

  • About Us | Onyx by J.P.Morgan (8)

    Embedding Diversity & Inclusion in everything we do with no limitations to gender, ethnicity, skills, backgrounds, or diversity of thought

Learn more

About Us | Onyx by J.P.Morgan (9)

"I love working at JPMC because I get to work on things that let me learn new skills, and apply my talent and be acknowledged for my contributions"

— Onyx Engineer

About Us | Onyx by J.P.Morgan (10)

"It’s a fast-paced environment, but I love that my manager and team are there with me at every step – to guide, support and help me reach new heights"

— Onyx Product Lead

About Us | Onyx by J.P.Morgan (11)

"I love that our company values diversity, and is committed to giving back"

— Onyx Strategy Lead

About Us | Onyx by J.P.Morgan (2024)

FAQs

How to answer why J.P. Morgan question? ›

here are 3 answers that you can use to tell why you want to work at Jp Morgan -
  1. Professional Tone:- ...
  2. Culture: From my research, I have learned that jpmorganchasecc.com values diversity, collaboration, and innovation. ...
  3. Career Development: JPMorgan Chase offers various training and development programs for its employees.

How to pass the interview at J.P. Morgan? ›

Prepare questions for our team, so you can learn more about the opportunity and our firm. For virtual or phone interviews, test technology and connection prior to your interview to avoid any last-minute technical difficulties. And make sure you take the interview from a quiet, uninterrupted area.

What are the key points about J.P. Morgan? ›

We are a leading global financial services firm with assets of $2.6 trillion and operations worldwide. We operate in over 100 countries with more than 240,000 employees worldwide. With a legacy dating back to 1799, we have demonstrated leadership in times of economic growth and instability.

What is an example of good things J.P. Morgan did? ›

In addition to consolidating and controlling several railroads and industries, J.P. Morgan led in resupplying the U.S. Treasury's gold reserve during the depression that followed the panic of 1893 and organized the financial community in averting a financial collapse after the market panic of 1907.

Is J.P. Morgan's interview tough? ›

J.P. Morgan Interviews FAQs

Is it hard to get hired at J.P. Morgan? Glassdoor users rated their interview experience at J.P. Morgan as 65.1% positive with a difficulty rating score of 3.04 out of 5 (where 5 is the highest level of difficulty).

Why should J.P. Morgan hire me? ›

Highlight the company's focus on strengthening communities and increasing access to opportunities. Talk about JP Morgan's initiatives to support employees and communities worldwide, showcasing your alignment with these efforts.

Is it hard to get hired by JP Morgan? ›

One of the main factors that makes getting a job at JP Morgan so challenging is that the firm often recruits its own talent, rather than selecting job candidates from a pool of applicants. JP Morgan typically seeks out candidates with exceptional academic backgrounds and professional experience.

What is JP Morgan acceptance rate? ›

How to Prepare for a JP Morgan Interview. Like with any prestigious position, competition for offers is high and acceptance rates are low – routinely under 5%. Preparation is key for a successful interview.

Does JP Morgan negotiate salary? ›

Do we like negotiating with JP Morgan? JP Morgan does negotiate, however, it is also important to note that JP Morgan does not pay competitively for technical roles - especially when you compare it to FAANG company compensation.

What makes J.P. Morgan different from other banks? ›

How is J.P. Morgan different from other banks that work with startups? The firm has decades of global experience, a robust professional and venture capital network, and scalable treasury management solutions—which can make us the only bank you'll ever need.

What is J.P. Morgan core values? ›

In a fast-moving and increasingly complex global economy, our success depends on how faithfully we adhere to our core principles: delivering exceptional client service; acting with integrity and responsibility; and supporting the growth of our employees.

What skills does J.P. Morgan look for? ›

We're looking for leaders with highly developed critical thinking, problem solving and analytical skills. Our leaders are results oriented and have the ability to thrive in a dynamic, fast-paced environment. Adaptability is key since you'll be working in different team environments with varying management styles.

What was the dark history of J.P. Morgan? ›

JPMorgan estimated that between 1831 and 1865, the two banks accepted approximately 13,000 slaves as collateral and ended up owning about 1,250 slaves. An apology was made in compliance with a rule requiring companies to detail past dealings with the slave trade when doing business with the city of Chicago.

How much money did J.P. Morgan have when he died? ›

What Was J.P. Morgan's Net Worth? Upon his death in Rome on March 31, 1913, J.P. Morgan's net worth has been estimated to have been about $80 million.

What was J.P. Morgan's greatest achievement? ›

J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. He reorganized several major railroads and became a powerful railroad magnate. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester.

How do you answer the question why banking? ›

Here are some helpful steps you can follow to respond to this question when you're applying for an investment banker position:
  1. Showcase your interest in the industry. ...
  2. Focus on how can you can be beneficial. ...
  3. Include your educational background. ...
  4. Offer some on-the-job examples. ...
  5. Highlight your strengths and skills.
Mar 10, 2023

What are J.P. Morgan's core values? ›

In a fast-moving and increasingly complex global economy, our success depends on how faithfully we adhere to our core principles: delivering exceptional client service; acting with integrity and responsibility; and supporting the growth of our employees.

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