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How JPMorgan Increased the Number of Black Interns in Its Wall Street Program by Nearly Two-Thirds

The move at JPMorgan could ultimately begin to change the composition of Wall Street, which for decades has been mostly a bastion for white males, particularly in senior roles. Banks like JPMorgan, which hires about 1,000 summer interns globally, use the programs to vet and train students to become entry-level bankers when they graduate. One reason the bank is making progress has been the use of two software programs that help recruiters sift through more candidates than previously was the case, according to Rob Walke, global head of campus recruiting for the corporate and investment bank. We ve really opened up the way that we hire, Walke said Thursday in a Zoom interview. The intern selection process should be based upon your skills, your previous experiences and your ability to articulate your competencies for the role, rather than us assuming them based upon the school you re studying at.

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