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JPMorgan Chase Opens Tech Center at Syracuse University

Students and faculty will work with bank employees conducting research and running the bank's global technology operations, hundreds of jobs will be created in the upstate New York area.

JPMorgan Chase chief administrative officer Frank Bisignano and Syracuse University chancellor and president Nancy Cantor officially opened a new technology center at the university, the result of a collaboration the two organizations began in June 2007.

The bank and the school expect the collaboration will bring hundreds of technology jobs to the region.

"This is as an investment in the University, in the upstate New York community and in our bank," said Bisignano. "We are conducting cutting edge research and working side-by-side with the University to change the way technology and business students are trained, making them well prepared to enter the workforce after graduation."

The collaboration changed the way the global enterprise technology courses are developed and taught. University faculty and bank employees jointly developed a new Global Enterprise Technology minor for the University and conducted applied research projects with students in areas such as cyber-security and risk management. JPMorgan Chase executives present guest lectures and work with SU's new Center for Information Security and Assurance Technology. Nearly 450 students are enrolled in courses this semester within the collaboration's minor, and interest is growing every semester since last fall.

JPMorgan Chase also offers short and long-term internships to students for school credit and in some cases for pay, to challenge and maximize talent. Interns in the extended internship program have the opportunity to work in offices around the United States and abroad. Thirty students are currently engaged in academic year internships with the company.

The technology center, which seats 125 workers and occupies the first two floors of SU's Lyman Hall, fosters an environmentally efficient and collaborative work environment. It is a "paperless" office with minimal paper storage; has innovative technology features such as wireless and virtual desktops, and state-of-the-art collaborative and individual workspaces.

JPMorgan Chase opened the application process this summer for more than 100 center-based new technology jobs. Forty-two full-time employees are currently based there, with more to be hired in the coming year. Employees are working on information technology and cyber security, risk analysis and application development for JPMorgan Chase and its lines of business. Other positions within the center include managing or assisting with the daily technology operations and support.

Candidates may apply for jobs online at JPMorgan's career center, by clicking on the "Experienced Opportunities" section, selecting "Search and Apply for Jobs" and refining the search location to Syracuse, N.Y.

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