Bring your expertise to JPMorgan Chase. As a part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Risk Management - Fraud Risk Senior Officer - Senior Associate in the Digital Fraud Strategy team, you will be responsible for leveraging advanced analytical tools to protect customers from fraud and scams in the digital payments space. You will leverage machine learning fraud models, overlain with vendor and in-house data as well as an array of analytical techniques to develop risk rules and strategies. You will act as the end to end owner of fraud loss management of digital activity.
Job Responsibilities:
Monitoring authentication risks and fraud attack trends to identifying tactical and strategic responses to minimize customer and bank exposure. Collaborating with product, technical and analytics teams to develop and prioritize initiatives and resources to maximize existing capabilities. Taking ownership of the ATO and authentication related fraud loss categories to ensure a clear plan is place to minimize overall fraud loss expenses Escalating identified risks which may result in unacceptable fraud controls and losses Providing support, including analysis, to various Strategic Fraud initiatives outlined by the business and Fraud Strategy leadership. Performing analysis of current and historic data to keep fraud systems and processes at the cutting edge of fraud detection Identifying data driven fraud trends and developing broad strategies to address the trend Conducting defect reviews of high fraud losses cases to identify any gaps in fraud strategy, case management or make procedural adjustmentsRequired qualifications, capabilities and skills:
BS degree and minimum of 5 years Risk Management or other quantitative experience required Familiarity with risk analytic techniques Strong analytical and problem-solving abilities Strong written and oral communication skills with the ability to communicate complex data into a clear story to team members as well as senior leaders. Experience delivering recommendations to management, strong ownership and accountability to drive and execute initiatives A desire to work as part of a team, and ability to work with cross functional teams The ability to develop new fraud fighting products by designing requirements and working with technical business partners to implement these products using agile design methodology The ability to work on diverse tasks and respond to emerging issues Ability to compress huge data into meaningful metrics and ideas using SAS and/or SQL Proficient in Excel & PowerPointPreferred qualifications, capabilities and skills:
Master's Degree preferred and 3 years Risk Management or other quantitative experience 2 years of experience in Fraud risk roles preferred 4+ years of professional experience, experience in risk management, strategic analytics, or data science preferred Experience with Fraud Wrongdoers, Mules and 1st party fraudsters/ID theft Strong P&L knowledge and understanding of drivers of profitability Demonstrated experience with data analysis, designing & analyzing experiments, and Modeling Experience with Machine Learning, Sequence Processing and Python is preferred
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).