Applied AI Machine Learning Vice President (Fraud Modelling)

JPMorgan Chase & Co.; Greater London; On-site; GBP 150,000 - 230,000; Full time

Job summary

JPMorgan Chase & Co. in London seeks an Applied AI Machine Learning VP (Fraud Modelling) to lead development and governance of models mitigating fraud risk within ICB.

You will collaborate across Strategy, Technology, Product Management, Legal, Compliance, Business Management and Model Governance to meet governance standards and regulatory requirements. The role focuses on identity verification fraud and deploying both vendor and in-house models, ensuring deployment, monitoring and lifecycle

Qualifications

• Advanced degree (MSc or PhD) in a quantitative or technical discipline.
• Solid understanding of fraud modelling in financial organizations, including regulatory considerations.
• Industry experience in applied data science with traditional statistical and ML models.
• Proficient in Python, SQL, with production-quality code; experience with ML toolkits (NumPy, Scikit-Learn, Pandas).
• Ability to leverage Generative AI tools to enhance productivity and problem-solving.
• Strong written and spoken communication skills; team player.

Responsibilities

• Develop and manage proprietary fraud models and perform due diligence for vendor models.
• Validate model performance on internal data and support deployment with platform engineers.
• Prepare governance and Model Risk Management packages and support validation.
• Monitor performance and detect drift; define metrics and remediation actions.
• Communicate design, trade-offs, and results to senior stakeholders and train downstream users.
• Maintain audit-ready artifacts and respond to inquiries with documentation.

Skills

MSc/PhD

Fraud modelling

Data science

Python

SQL

NumPy

Scikit-Learn

Pandas

Generative AI

Communication

Education

MSc or PhD in quantitative field

Tools

Python

SQL

NumPy

Scikit-Learn

Pandas

Job description

As an Applied AI Machine Learning VP (Fraud Modelling) in the ICB Risk Modelling team, you will play a crucial role in developing and managing machine learning models used to mitigate fraud risk within ICB.

You will work with multiple partner teams—including Strategy, Technology, Product Management, Legal, Compliance, Business Management, and Model Governance — to ensure the models meet the firm's high governance standards and regulatory requirements, and support audit and other business functions around model management.

The primary focus will be on identity verification fraud, where you will lead efforts to adopt and implement advanced solutions, including models from leading vendors for detecting and preventing fraudulent activities.

Job Responsibilities

• Develop and manage proprietary fraud models and perform due diligence for vendor models. Validate model performance on internal data, ensure modelling choices are appropriate for the portfolio, decisioning context, and operational constraints. Work closely with platform engineers to support model deployment.
• Prepare complete governance and Model Risk Management packages, including development documentation, testing evidence, model limitations, and implementation specifications. Support independent validation, respond to findings, and drive remediation to closure.
• Support ongoing monitoring for performance and stability (e.g., drift, calibration, population shifts, fraud-typology changes). Define monitoring metrics, thresholds, Investigate degradations and drive remediation actions.
• Communicate model design, trade-offs, results, and limitations to senior stakeholders and governance committees in clear business terms. Train and support downstream users on correct interpretation and use of model outputs.
• Maintain audit-ready artifacts such as model documentation, monitoring reports, validation responses, and control evidence to support internal audits and regulatory exams. Provide timely, traceable responses to inquiries and ensure documentation stays current post-deployment.

Required Qualifications, Capabilities, and Skills

• Advanced degree (MSc or PhD) in a quantitative or technical discipline.
• Solid understanding of fraud modelling in financial organizations, including the unique challenges and regulatory considerations involved. Credit modelling is acceptable as a transferable background.
• Industry experience in applied data science, machine learning techniques, with a strong understanding of both traditional statistical and machine learning models.
• Proficient in Python, SQL, with hands-on experience in data analysis and writing production-quality code. Extensive experience with machine learning and data analysis toolkits (e.g., NumPy, Scikit-Learn, Pandas).
• Ability to effectively leverage Generative AI tools to enhance productivity, analysis, and problem-solving in day-to-day work.
• Strong written and spoken communication skills to effectively convey technical concepts and results to both technical and business audiences. Team player.

Preferred Qualifications, Capabilities, and Skills

• Experience with identity verification fraud models.
• Experience with ML model explainability.
• Experience with model risk management frameworks.