Risk Management - Fraud Risk Strategy & Analytics - Vice President

Aumni

Aumni

Accounting & Finance, Data Science
Columbus, OH, USA
Posted on Oct 23, 2024

Job Description

Bring your expertise to JPMorgan Chase. As 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 Fraud Risk Strategy Analytics - Vice President in the Consumer & Business Banking (CBB) Risk Management group, you will be responsible for strategy & analytics related to various De-Risking and Controls agenda initiatives within the connected commerce digital and non-digital channels.. This role requires providing high level analytic support for complex projects that require sophisticated data analytics on large datasets. This is an exciting opportunity to work on high impact strategy initiatives as they become the key focus of the firm and across the financial services industry. You will excel at creative thinking and problem solving; be self-motivated, confident and ready to work in a fast-paced, energetic environment. The ideal candidate will have extensive experience in fraud risk strategy & analytics, a deep understanding of authentication processes, and a proactive approach to safeguarding the bank’s assets and reputation.

Job Responsibilities

  • Develop and implement comprehensive authentication fraud risk strategies for digital payments, branch, and call center channels.
  • Identify emerging fraud trends and develop proactive measures to mitigate risks.
  • Collaborate with senior leadership to align fraud risk strategies with overall business objectives.
  • Monitor and analyze fraud incidents to identify patterns and recommend corrective actions.
  • Utilize advanced analytics and data-driven approaches to detect and prevent authentication fraud.
  • Develop and maintain fraud detection strategies.
  • Generate regular reports and dashboards to communicate fraud risk metrics and trends to stakeholders.
  • Work closely with product, operations, compliance, and other departments to ensure effective fraud prevention measures.
  • Stay updated on the latest fraud detection technologies and industry best practices.
  • Drive innovation in fraud risk strategies through continuous improvement initiatives.

Required qualifications, capabilities, and skills

  • Master’s/Bachelor’s degree in a quantitative or business discipline from an accredited college/university required
  • 5+ years of experience in analytics space.
  • 2+ years of SAS programming experience (PC, UNIX or mainframe).
  • Proven ability to evaluate the business climate, anticipate change and develop compensating strategies/vision.
  • Demonstrated leadership in applying analytics to efficiently and pragmatically solve business problems through structured problem-solving approaches.
  • Strong analytical, technical and statistical skills. Ability to synthesize / analyze diverse information, develops recommendations, and makes decisions.
  • Strong communication and interpersonal skills, ability to interact with individuals across departments / functions and with senior-level individuals.

Preferred qualifications, capabilities, and skills

  • Advanced degree is preferred.

About Us

Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

About the Team

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.

We offer a broad array of credit cards to meet the needs of individuals and small businesses, including Chase-branded and co-branded cards in partnership with well-known companies and organizations. Merchant Services is a leading provider of payment, fraud and data security for companies, capable of authorizing transactions across global currencies.