Discover your dream Career
For Recruiters

JPMorgan VP with sick parents resigns as sabbatical impossible

People in banking take sabbaticals. Just ask Georges Elhedery or Stuart Lea at HSBC, or Sanj Sivarajah the former head of JPMorgan's head of emerging markets special situations group, each of whom took time out for various reasons in recent years. 

When Nikolaus Heidelberg, a vice president (VP) in equity sales at JPMorgan in Frankfurt tried to take a sabbatical, however, it seems to have been refused. This was despite some very difficult family circumstances. 

In a post on social media, Heidelberg says he was compelled to leave his "dream employer" after 13 years because he wanted to care for his parents. Heidelberg says his mother has MS and his father has throat cancer and that "taking a sabbatical wasn't possible."

It's not clear why Heidelberg wasn't able to take time out to care for his parents while remaining an employee of JPMorgan. The bank declined to comment on the issue and Heidelberg didn't respond to our attempt to get in touch. Sivarajah, however, was able to take a six-month sabbatical from the bank to go on a motorbike trek in 2022. He'd previously generated $100m a year in P&L and upon returning left JPMorgan for hedge fund Verition. 

Heidelberg joined JPMorgan from Hypovereinsbank in 2010 and started as an intern in London. He said his career at the bank had been a "blast", "was always more a hobby than a job," and that he was incredibly sad to go. "I always tried to go the extra mile for my clients, hopefully it was appreciated, we will meet again."  

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available  

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORSarah Butcher Global Editor
  • At
    Ataris
    9 July 2023

    I feel you... I got pushed out after loosing my beloved father, in a stage of my life where even my vision got afftected by the sadness with mindfog and blur. Fortunatly I had only been in the firm for a few months. I am glad I got pushed out, this all was so far from my inner values.

  • Pa
    Patrick
    3 July 2023

    I'm sure there's more to this than meets the eye. There may have been performance issues or similar. I'm guessing this news came from the person in question, else you wouldn't have used that photo of him doing an awkward pout in the back of a taxi.

  • [Deleted]
    3 July 2023

    [Deleted]

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Latest Jobs
Michael Bailey Associates Nederland
Solution Architect | Investment's & Savings
Michael Bailey Associates Nederland
Amsterdam, Netherlands
Bitvavo
Talent Sourcer
Bitvavo
Amsterdam, Netherlands
Bitvavo
Talent Acquisition Partner
Bitvavo
Amsterdam, Netherlands
Bitvavo
Senior Frontend Engineer
Bitvavo
Amsterdam, Netherlands
Bitvavo
Reconciliation Operations Specialist
Bitvavo
Amsterdam, Netherlands

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.