JP Morgan Superday Prep Exam Questions and Answers What are JP Morgan's four business segments? Provide some general info about the company. - Correct Answers✅- trace roots to 1799 Financial service firm with assets over $2.6 trillion assets 240,000 employees operate in 100 countries
4 business segments:
- Asset and Wealth Management
- Corporate and Investment Banking
- Commercial Banking
- Consumer and Community Banking
Where would you want to invest? - Correct Answers✅ What are the two program tracks within the MMBSI program? - Correct
Answers✅1. Diversified Experience: exposure to variety of teams and
functions across the broader MMBSI business
2. Capital & Advisory Solutions: streamlines your exposure to 3 dynamic
teams.**after successful completion may receive offer for 2.5 year MMBSI Analyst program What is encompassed in the diversified industries experience track? - Correct Answers✅-organized by 5 regional groups + various industry segments.
- Agribusiness, Life Sciences, Government, Healthcare and Higher education,
nonprofits, technology + disruptive commerce.***broad exposure to key functions/teams**** What are the rotations within the diversified industries experience track? - Correct Answers✅- credit rotation: covering a specific market 1 / 3
JP Morgan Superday Prep Exam Questions and Answers
- banking/treasury rotation
- looking at BS, IS, cash flow and understanding whether to lend or take on
- clients could be in government, tech, multinational (10 million -500 million)
- Task: company asks you for a line of credit/loan, direct lending facilities etc.
- many of these firms don't file a 10-k so requires critical thinking skills in
What does the credit rotation entail? - Correct Answers✅-covering a specific market
the firm as a client
You then write an internal memo evaluating if the loan is a good/bad idea
assessment.What does the banking/treasury rotation entail? - Correct Answers✅- relationship manger, checks in with client often, bankers wants to understand the business and will check in with client frequently, if the client needs anything they go to the banker.
-Treasurer/Chief Investment Office: help with day to day inflow/outflow of
cash/cash management
- help make sure client has all bank accounts set up correctly
- includes Asset Based Lending, Financial Sponsors Group, Syndicated
(payroll/receivables) What is encompassed in the capital & advisory solutions track? - Correct Answers✅**- focused on specific types of complex financing and analytics
Finance teams.
- supports companies with specific financial needs: modeling/pricing, cash
flows/collateral analysis, mergers + acquisitions.What will both tracks do? - Correct Answers✅- work with MMBSI Bankers, Underwriters, Treasury Officers and Products partners to provide a range of financing solutions and strategic advisory across many industries. 2 / 3
JP Morgan Superday Prep Exam Questions and Answers
- work on financial models
- prepare marking materials for client meetings (working capital optimization
- industry analysis)
- learn how to identify treasury product solutions
- Acting with integrity and responsibility
- Supporting the growth of their employees****
collaborate with deal teams regarding business development strategy -conducting client/prospect research What is an underwriter? - Correct Answers✅-An underwriter is any party, usually a member of a financial organization, that evaluates and assumes another party's risk in mortgages, insurance, loans, or investments for a fee, usually in the form of a commission, premium, spread, or interest.-Underwriters try to determine the likelihood that a borrower will pay as promised and that enough collateral is available if there's a default. In the case of insurance, underwriters seek to assess a policyholder's health and other factors and spread the potential risk among as many people as possible What is the impact of the fall of SVB on the industry? - Correct Answers✅ What are JPM distinct core values? - Correct Answers✅1. Exceptional client service
What is the Women on the Move Program? - Correct Answers ✅-Head of
Women on the Move: Sam Saperstein said "there's no room for silence of
complacency in the current environment, and its critical that women on the move continues to the professional and personal goals of all women"
Expanding Women-Run Businesses:
- / 3