Maybe it’s the roots that JPMorgan Chase & Co. has in Ohio, but whatever the reason — the New York-based financial institution has been busy creating employment opportunities in the Buckeye State.
Before he became head of one of the most respected banks in the country, JPMorgan Chairman and Chief Executive Officer Jamie Dimon led Bank One Corp. The company was originally founded in 1863 as First Bancgroup of Ohio and operated from its Columbus, Ohio, headquarters until 1998, when it merged with First Chicago NBC Corp. and moved to Chicago.
Bank One was acquired by JPMorgan on July 1, 2004, and Dimon subsequently ascended to the role of top executive.
More recently, JPMorgan has been aggressively recruiting employees in Ohio.
In September of last year, the company disclosed plans to beef up its Columbus staff and add up to 175 full-time employees at a Cleveland mortgage operations center. Two months later, Chase said it was adding 120 servicing jobs in Westerville.
This past April, the bank said it was looking at hiring between 500 and a thousand employees in the Columbus suburb of Gahanna. At the time, the company said that it already employed approximately 17,000 employees in the region.
Around 70 Cleveland employees were being recruited in August.
On Tuesday, Chase announced plans to hire another 120 employees in Cleveland.
Nearly 60 of the Cleveland jobs are mortgage operations positions, while the other half are in consumer banking. Among the mortgage openings are loan closers, closing supervisors, loan processors and loan processing operations managers.
Several of the mortgage jobs are on shifts that start at 5 p.m. and end at 9 p.m. during weekdays with an earlier Saturday shift.
Chase is holding a job fair at its Cleveland mortgage operations center on Thursday from 11 a.m. to 7 p.m.
Headcount in Ohio now stands at more than 20,000.