In

Residence

Blockchain

Analytics

Robotics

Automation

InResidence

In—Residence pushes the limits of wholesale banking by connecting entrepreneurs with our knowledge, data, space, and more to solve complex challenges.

The Program

In—Residence takes an open, transparent, and highly collaborative approach to developing solutions that will yield enduring value for the entire financial industry. Through a highly specialized program, we build partnerships with the best and brightest to co-create solutions to wholesale banking and capital markets challenges.

Applicants should have an initial concept or product developed and be eager to validate their idea with knowledge from J.P. Morgan, as well as tailored guidance from our domain experts. We accept applications on a rolling basis.

Partnership

True innovation requires open collaboration and deep access to knowledge and technology. Combining innovators who are exploring the edges of what is possible with the unique resources of a global bank can accomplish this innovation. This is what In—Residence does.

The program provides access to the heart of J.P. Morgan's internal business and technology ecosystem, giving teams and companies the best chance to create viable and transferable solutions that have value to not just J.P. Morgan, but the financial industry as a whole.

Oli Harris

Oli Harris — FinTech Lead, Corporate & Investment Bank

Oli Harris leads FinTech and In–Residence for J.P. Morgan’s Corporate and Investment Bank. In this role, Oli is responsible for assessing emerging trends and their impact to J.P. Morgan, fostering relationships with the FinTech ecosystem, and translating these connections into partnerships through In–Residence to transform the way we, and our clients, do business. Previously he worked for the Office of Tony Blair as an Advisor to the President's Office of Myanmar, a Project Manager at the World Economic Forum where he led their New Energy Architecture Initiative, and as a Strategy Consultant at Accenture. Oli is a passionate design thinker, having spent time at Stanford’s d.school, and is particularly interested in the space between large corporates and emerging companies to generate real outcomes. Oli is a graduate of Cambridge University.

Samik Chandarana

Samik Chandarana — Managing Director and Head of Global Credit Indices and eTrading, Corporate & Investment Bank

Samik Chandarana is a Managing Director and Head of Global Credit Indices (GCI) and Global Credit eTrading (GCeT). He was instrumental in the pioneering role that J.P. Morgan played in taking the Credit Default Indices electronic in 2009. Samik became the head of EMEA Credit Trading in 2012. Samik's current role aims to solidify the firm's position in trading liquid credit products through appropriate electronification and the extended use of data. He obtained a degree in Engineering and Management from the University of Manchester Institute of Science and Technology in England. As much as Samik pushes the boundaries of technology in his work life, he remains very much part of the old school in his music tastes because he is still devoted to his vinyl record collection.

Josh Barraclough

Josh Barraclough — FinTech, Corporate & Investment Bank

Joshua Barraclough is part of Corporate & Investment Bank’s FinTech Team and is based in London. Previously, he worked in Accenture’s Trading and Investment Strategy Group working in a number of global locations. He has also spent time developing a PE backed FinTech Company in London and founded his own FinTech venture. Joshua is a graduate of St. Andrews University. He enjoys discovering new vineyards and maintaining his small, but ever growing wine collection.

Samir Shah

Samir Shah — Managing Director and Global Head of Digital Solutions, Corporate & Investment Bank

Samir Shah is the Global Head of CIB Digital Solutions and a member of the CIB’s senior leadership team for client-related innovation and FinTech activities. In his current role, Samir is responsible for delivering the firm’s emerging technology ideas and insights to clients. Samir joined J.P. Morgan in 2010 and has played a variety of Product Management and Sales Leadership roles across the bank. Samir received his MBA from the University of Chicago. Samir is an aspiring mixologist and a dedicated sports enthusiast.

Peter Cotton

Peter Cotton — ROAR Data Lead, Corporate & Investment Bank

Peter Cotton created and leads the ROAR Data initiative, which is J.P. Morgan’s Data Science crowd-sourcing platform. He previously founded Benchmark Solutions, a provider of real-time bond and credit default swap pricing sold to Bloomberg in 2013. Peter received his doctorate in Mathematics from Stanford University and his current research interests include optimal control applied to trading, machine teaching and secure multiparty computation. Outside of work, he enjoys sleep.

Huw L. Richards

Huw L. Richards — Managing Director and Co-Head Global Investment Grade Finance, Corporate & Investment Bank

Huw Richards is a Managing Director and Co-Head of Investment Grade Finance (IGF) at JPMorgan within the Global Debt Capital Markets group. In 2015, Huw also assumed responsibility for the global Infrastructure Finance and Advisory (IFA) group within the Corporate & Investment Bank.

Within these businesses he has led various initiatives to leverage technology to improve client experience with investment banking. Huw has worked at JPMorgan since 1999. He graduated from the University of California at Berkeley with a B.S. (Honors) in Business Administration.

Afsheen Afshar

Afsheen Afshar — Managing Director and Chief Data Science Officer, Corporate & Investment Bank

Afsheen Afshar is chief data science officer of J.P. Morgan’s Corporate & Investment Bank, overseeing data science functions. As Chief Data Science Officer, Afsheen is responsible for all data science demands across the Corporate & Investment Bank, shaping and executing on the data analytics strategy across all lines of business. Previously, he helped to set up and lead multiple data science teams at Goldman Sachs across many different businesses. Afsheen holds a Masters, Ph.D., and M.D. from Stanford University, and a B.A. from Princeton University.

Sara Sollors

Sara Sollors — FinTech, Corporate & Investment Bank

Sara Sollors is part of the Corporate & Investment Bank's FinTech team and is based in New York. Previously, she worked for Palantir, at various New York startups, and in the Italian Parliament. Sara is a graduate of Harvard College. She is an amateur chef and general food enthusiast.

Pete Spera

Pete Spera — Managing Director and Head of Client Intelligence Technology, Corporate & Investment Bank

Pete Spera is the head of Client Intelligence Technology for the Sales and Marketing organization. He is responsible for the core applications the Sales organization leverage daily to manage their franchise, report Sales performance, assess client profitability and deepen client relationships. Pete has B.S. degree from Rensselaer Polytechnic Institute (RPI) and an MBA from Seton Hall University. He has lived in Singapore and spent significant time in India and London through various Product Management and Technology roles. He enjoys spending time with family and relaxing on a beach whenever possible.

Steven Tsao

Steven Tsao - Executive Director, Global Investment & Corporate Banking, Corporate & Investment Bank

Steven is a technical director in Global Investment & Corporate Banking supporting various strategic Debt Capital Markets initiatives. Previously he led the development of multiple client facing portals including J.P. Morgan Markets single dealer platform and J.P. Morgan corporate websites. Steve holds a M.S in Computer Science from University of Massachusetts and a B.S in Electrical Engineering from NYU Polytechnic. He enjoys playing sports, traveling, and home improvement projects.

Umar Farooq

Umar Farooq — Managing Director and Head of Channels, Analytics, and Innovation for Treasury Services

Umar Farooq is the Head of Channels, Analytics, and Innovation for Treasury Services. He also oversees Blockchain Initiatives for the Corporate and Investment Bank. Prior to his current role Umar was the Head of CIB Fintech and the CFO responsible for financial oversight and business management across Technology, Operations, and Controls. Previously he held leadership positions in Chase Bank including Head of Small Business Segment, National Sales Manager and CFO for Chase Business Banking. Umar joined JP Morgan Chase in 2009. Before joining JP Morgan Chase, he was the Chief Sales Officer for CIT Group where he led revenue growth across middle market and specialty lending businesses. Umar holds a B.S. in Computer Science, B.S. in Economics and M.Engg. in Computer Engineering from the Massachusetts Institute of Technology. Umar received his JD from Yale Law School.

Daniel Drummer

Daniel Drummer — FinTech, Corporate & Investment Bank

Daniel Drummer is part of Corporate & Investment Bank’s FinTech Team and is based in London. Previously, he worked as a management consultant at McKinsey & Company, at the Royal Bank of Scotland (RBS) in the Investment Banking Division and in a strategic role for the CEO of Western Europe. Daniel completed an M.B.A. degree with Distinction at the University of Oxford, holds a Master degree (LL.M.) in Corporate Law and was appointed a Visiting Fellow at Harvard University in 2016. He enjoys diving, having lively discussions with others and playing a number of musical instruments.

Suresh Shetty

Suresh Shetty — Lead Engineer, Emerging Technology, Corporate & Investment Bank

Suresh is as a Lead Engineer within the Corporate Investment Bank’s Emerging Technologies group. He has worked at J.P. Morgan for the last sixteen years and has held a variety of senior architecture and project development roles within the Investment Bank. He has been designated as one of the twenty four Distinguished Engineers in the bank. That designation for technical engineering distinction was accorded to him by the CIOs of the major J.P. Morgan lines of business. It is the highest award given to application developers/ architects in the bank. Suresh graduated Magna Cum Laude with an Electrical Engineering Degree from City College of New York and has an M.B.A. in Finance from NYU’s Stern School of Business.

Ana Capella

Ana Capella — Managing Director, Head of Strategic Investments

Ana Capella is the Head of Strategic Investments at J.P. Morgan. Ana and her team are responsible for globally supporting the firm’s businesses and corporate functions by making financially motivated investments that are strategic to the firm’s business activities. Ana joined J.P. Morgan in 1993 and has worked within the Financial Institutions Group (FIG), Corporate Strategy, Investor Relations, and Private Equity. She was the Head of Private Equity, prior to taking further responsibilities as Head of Strategic Investments in the fall of 2015. Ana received her M.B.A. from INSEAD (Fontainebleau, France) and holds a B.A. in Business Administration from CUNEF (Madrid, Spain).

Oli Harris

Oli Harris — FinTech Lead, Corporate & Investment Bank

Oli Harris leads FinTech and In–Residence for J.P. Morgan’s Corporate and Investment Bank. In this role, Oli is responsible for assessing emerging trends and their impact to J.P. Morgan, fostering relationships with the FinTech ecosystem, and translating these connections into partnerships through In–Residence to transform the way we, and our clients, do business. Previously he worked for the Office of Tony Blair as an Advisor to the President's Office of Myanmar, a Project Manager at the World Economic Forum where he led their New Energy Architecture Initiative, and as a Strategy Consultant at Accenture. Oli is a passionate design thinker, having spent time at Stanford’s d.school, and is particularly interested in the space between large corporates and emerging companies to generate real outcomes. Oli is a graduate of Cambridge University.

David Hudson

David Hudson — Managing Director and Global Head of Markets Execution, Corporate & Investment Bank

David Hudson is the Global Head of Markets Execution and a member of the Corporate and Investment Bank's Management Committee. In this role David is responsible for assessing emerging trends and developing products, electronic platforms, and potential partnerships – inside and outside the bank – that could transform the way we, and our clients, do business. David also has responsibility for our electronic distribution channels, including J.P. Morgan Markets and J.P. Morgan Execution Services. David has held a variety of positions at J.P. Morgan, most recently as CFO of Global Markets where he was responsible for Finance and Business Management function as well as regulatory and industry relationships for the Markets business. Prior to J.P. Morgan, he worked in the Internet and telecommunications industry in London and South Africa, including a role in which he led technology development at the first multi-bank foreign exchange electronic trading platform.

Samir Shah

Samir Shah — Managing Director and Global Head of Digital Solutions, Corporate & Investment Bank

Samir Shah is the Global Head of CIB Digital Solutions and a member of the CIB’s senior leadership team for client-related innovation and FinTech activities. In his current role, Samir is responsible for delivering the firm’s emerging technology ideas and insights to clients. Samir joined J.P. Morgan in 2010 and has played a variety of Product Management and Sales Leadership roles across the bank. Samir received his MBA from the University of Chicago. Samir is an aspiring mixologist and a dedicated sports enthusiast.

Lauren Tanenbaum

Lauren Tanenbaum — Vice President, Leveraged Finance, Corporate & Investment Bank

Lauren is a Vice President on the Leveraged Finance team. Previously she worked in Fixed Income Research at J.P. Morgan and Public Finance at Morgan Stanley. Lauren graduated Summa Cum Laude from the University of Pennsylvania. She is currently the Treasurer of Junior Women in Banking.

Huw L. Richards

Huw L. Richards — Managing Director and Co-Head Global Investment Grade Finance, Corporate & Investment Bank

Huw Richards is a Managing Director and Co-Head of Investment Grade Finance (IGF) at JPMorgan within the Global Debt Capital Markets group. In 2015, Huw also assumed responsibility for the global Infrastructure Finance and Advisory (IFA) group within the Corporate & Investment Bank.

Within these businesses he has led various initiatives to leverage technology to improve client experience with investment banking. Huw has worked at JPMorgan since 1999. He graduated from the University of California at Berkeley with a B.S. (Honors) in Business Administration.

Chris Palmer

Chris Palmer - Managing Director and Head of Front Office Supervision, Corporate & Investment Bank

Chris Palmer leads the Front Office Supervision program team within J.P. Morgan’s Corporate and Investment Bank which is responsible for rolling out initiatives to assist the Front Office in providing greater oversight of their teams in a more efficient manner. Chris set up the Front Office Supervision team having previously managed the Commodities Middle Office for EMEA and Asia. Chris holds an honours degree in Economics.

Access

We will connect you to experts across every facet of corporate and investment banking to enable you to leverage the breadth and depth of our business and technology.

  • Proprietary data & technology

  • Salespeople, traders, & bankers

  • Engineers & data scientists

  • Compliance, legal, & risk

  • Strategists & design thinkers

  • Venture capitalists & industry partners

Process

We build our process around your vision and real industry challenges.

Apply

Vet

Join

Plan

Solve

Review

Apply

You should have an initial concept under development and be eager to validate your project with knowledge and guidance from J.P. Morgan and our partners.

Vet

Our cross-disciplinary team will review your approach and schedule a meeting to learn more about your team and your ideas. After in-depth business and technology discussions, you can expect a decision in around 6 weeks – sometimes faster.

Join

We want to make this opportunity as valuable for you and your team as possible. J.P. Morgan will draft residency terms tailored to your program which may include equity.

Plan

Together we will define desired outcomes to be achieved by the end of the program. Business and technology sponsors will work directly with you to co-create your program, help refine your challenge, and identify the right experts and resources to support your success.

Solve

Your journey will encompass rigorous ideation, problem solving, and working sessions with J.P. Morgan experts, VCs, designers, and academics. Sessions are designed to uncover knowledge that will help you overcome obstacles and track project outcomes.

Review

A final review day with J.P. Morgan leadership and key stakeholders from across our business will provide both J.P. Morgan and In—Residence graduates with concrete outcomes and actionable insights. Additional opportunities will result for successfully validated solutions.

Process

We build our process around your vision and real industry challenges.

Apply

1

You should have an idea or concept product developed and be eager to validate your project with knowledge and guidance from J.P. Morgan and our partners.


Vet

2

Our cross-disciplinary team will review your approach and schedule a meeting to learn more about your team and your ideas. After in-depth business and technology discussions, you can expect a decision in around 6 weeks – sometimes faster.


Join

3

We want to make this opportunity as valuable for you and your team as possible. J.P. Morgan will draft residency terms tailored to your program which may include equity.


Plan

4

Together we will define desired outcomes to be achieved by the end of the program. Business and technology sponsors will work directly with you to co-create your program, help refine your challenge, and identify the right experts and resources to support your success.


Solve

5

Your journey will encompass rigorous ideation, problem solving and working sessions with J.P. Morgan experts, VCs, designers and academics. Meetings are designed to gain knowledge to help you solve your problem and to track project outcomes.


Review

6

A final review day with J.P. Morgan leadership and key stakeholders from across our business will provide both J.P. Morgan and In—Residence graduates with concrete outcomes and actionable insights. Additional opportunities will result for successfully validated solutions.

Outcomes

Partnership with J.P. Morgan doesn’t end with In—Residence. For those who successfully complete the program, J.P. Morgan may provide continued support, resources, and sponsorship.

  • Validated product

  • New ideas

  • Integration with banks

  • Commercial arrangement

  • A network

  • Funding

Please download the PDF below and submit upon completion to:
In-Residence@jpmorgan.com


In-Residence Application PDF

Disclosure

By submitting an application to participate in J.P. Morgan’s In—Residence program, you agree to the collection, use and disclosure of the personal information you share with us during the course of your application. If you choose not to submit the personal information, J.P. Morgan may not be able to process your application.

The personal information you submit through this application to J.P. Morgan will be used for purposes of evaluating your eligibility to participate in the In—Residence program and closely related purposes including subsequent application or program-related correspondence between J.P. Morgan and you. J.P. Morgan is committed to maintaining the personal information it receives in accordance with applicable law and will take reasonable steps to ensure that your personal information is kept secure against unauthorized loss, disclosure or destruction. J.P. Morgan will retain your personal information as long as necessary for the fulfillment of the purposes for which it was collected, subject to reasonable legal limitation periods, statutory or regulatory retention requirements and legitimate business requirements. J.P. Morgan will use reasonable efforts to ensure the personal information which is no longer required by J.P. Morgan will be disposed of or destroyed in an appropriate manner.

J.P. Morgan is a global business and your personal information held by J.P. Morgan may be transferred worldwide to other employees for the purposes described above. J.P. Morgan may also share your personal information with its agents or service providers for the purposes described above, with legal and regulatory authorities, and where required by law. In these circumstances, appropriate measures will be put in place to help ensure the continuing protection of your personal information.

Insofar as you provide J.P. Morgan with personal information about persons related to you (for example officers, directors or employees), you agree that you are authorized to provide such personal information to J.P. Morgan for its collection, use, disclosure, transfer and retention as described above.

  • What is the In—Residence program?
    What is the In—Residence program?

    In—Residence is a structured program that solves critical wholesale banking challenges through a highly collaborative approach. As part of the program, entrepreneurs and startups are connected with J.P. Morgan’s knowledge, data, and resources. In—Residence provides access to J.P. Morgan's business units, technology ecosystem, and global network. Companies selected for the program will be able to create viable and transferable solutions that have value for J.P. Morgan and the financial industry as a whole.

  • What makes you different from other incubator and accelerator programs?
    What makes In—Residence different from other incubator and accelerator programs?

    In—Residence helps take emerging companies, focused on wholesale banking and capital markets, from idea or concept to enterprise-ready solution. The program is embedded within J.P. Morgan’s Corporate and Investment Bank — a global market leader across numerous key businesses. Each Resident is personally sponsored by a member of the Corporate & Investment Bank Management Committee. Leveraging J.P. Morgan’s global network, expertise and resources, we are best positioned to help companies develop incremental solutions or groundbreaking inventions at scale to solve industry challenges.

  • Wholesale banking – what does that mean?
    Wholesale banking – what does that mean?

    Wholesale banking encompasses the business-to-business financial services that J.P. Morgan's Corporate & Investment Bank offers to corporations, governments, financial institutions, pension funds, sovereign wealth organizations, states and municipalities in more than 100 countries. Our business is comprised of Investment Banking, Treasury Services, Markets and Investor Services. To learn more about our lines of business, please see the “About Us” section at jpmorgan.com.

  • What is special about the ‘collaborative approach’?
    What is special about the ‘collaborative approach’?

    Residents do not work in isolation. Rather, they co‐create solutions with relevant J.P. Morgan experts as part of a Challenge Team. Residents have access to J.P. Morgan’s premises and are provided with a team room in proximity to the relevant business units. Sitting side‐by‐side with J.P. Morgan engineers and business leaders, residents can develop products iteratively and rapidly test them in a real‐world setting.

  • Where can I find the terms and conditions to become a part of In—Residence?
    Where can I find the terms and conditions to become a part of In—Residence?

    There are no standard terms and conditions to participate in the program. J.P. Morgan will work with the Residents to create an agreement that fits their needs.

  • We are already too advanced for an incubator or accelerator program. Can we still reach out?
    We are already too advanced for an incubator or accelerator program. Can we still reach out?

    Absolutely. Within the Corporate & Investment Bank, the In—Residence team acts as a first point of contact for external ideas. The team is the relevant entry point for entrepreneurs, startups and emerging technology companies. After an initial conversation, the team will connect you to the right internal stakeholders.

  • I am interested in In—Residence, but not as a participant. Should I still reach out?
    I am interested in In—Residence, but not as a participant. Should I still reach out?

    Certainly. Please contact our team at in-residence@jpmorgan.com to learn more. In your email, please specify your area of interest.

  • How do I apply?
    How do I apply?

    To apply, fill out the application on this site. Members of our team will then reach out to learn more or schedule time to discuss further.

  • What are the steps within the application process?
    What are the steps within the application process?

    Our vetting process includes a number of stages but may vary depending on individual circumstances. Generally, it includes an initial screening, in-person meetings, phone calls, product demos, as well as discussions with our business leaders.

  • How long do I have to wait for a final decision?
    How long do I have to wait for a final decision?

    We aim to convey an indicative decision within 4 weeks.

  • How are admissions decisions made?
    How are admissions decisions made?

    We consider a number of factors when evaluating your company or idea. Our team will evaluate your submission against the goals of the In‐Residence program, the validity of concept, the stage of your product, the competitive landscape for similar ideas in your chosen space, and the roles and experiences of you and your team.

  • When is the next application deadline?
    When is the next application deadline?

    We do not have fixed application deadlines. Applications are accepted on a rolling basis.

  • I have a specific person I want to work with in mind. Can I do that?
    I have a specific person I want to work with in mind. Can I do that?

    All applications will be coordinated and managed by the In—Residence program. Once you join the program, we will work with you to put together the best sponsorship team for you. For each company, we help put together a Challenge Team that includes a sponsor from the Corporate & Investment Bank Management Committee. Any preferences or previous ties you have will be taken into consideration.

  • I have a client that is interested in your program. How can I connect them with someone on your team?
    I have a client that is interested in your program. How can I connect him with someone on your team?

    Feel free to direct them to the website or to send an email to in-residence@jpmorgan.com.

 

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