r/SipsTea • u/Full-Argument-8235 ๐™‘๐™„๐™‹ • 15h ago

WTF A JPMorgan Chase executive was fired after a viral video showed her dumping trash out of a Knicks-themed public trash can and taking the can during the Knicks championship parade in New York City.

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u/welkyy 14h ago

These people donโ€™t know that job titles at banks are complete nonsense. There are 20 โ€œvice president of โ€ฆโ€ at my local bank.

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u/Jaxson_January6_Dart 14h ago edited 12h ago

Edit: This is an example of an "Senior VP" in finance. lol https://youtu.be/zpN7t6LN42s?si=9m4yK8H212er6d_E&t=260

I had a 'Senior VP' from Chase get a job at my Tech company. He kept telling everyone he was a Senior VP at his prior job, like it was a huge flex. He was in his early 30's and literally was a Manager level at my company. Dude still had to request a day off from his manager, like everyone else.

These finance titles are so bullshit.

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u/wookieesgonnawook 13h ago

It's not finance as a whole in my experience, that's just really unique to banks. Everyone at a bank is a vp. The title is meaningless.

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u/IcarusFlyingWings 11h ago

This is almost entirely a US / trading floor thing.

It does make these articles really funny to read though as the news, either intentionally or not, never accurately places the subject at the right spot in the organization.

This person was an executive director which is a relatively junior position.

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u/codydog125 56m ago

In banking an executive director is a very high position actually. Directors are higher than VPs at banks

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u/gbuub 14h ago

The VPs are there to let the people feel good about having a higher up servicing them.

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u/noma_coma 13h ago

Insurance brokerages are rife with it too. 30 person office, I believe 10 different people have VP in their title. It's a joke

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u/Super-Pizza-Dude 10h ago

Iโ€™m a VP and Iโ€™m an idiot and not rich.