Lead Data Scientist - Fraud

JPMorgan Chase & Co.; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Join JPMorgan Chase as a Fraud Data Scientist and play a key role in developing innovative fraud detection strategies. Work in a collaborative environment to enhance customer solutions while ensuring compliance and operational efficiency. Be part of a team that values diversity and innovation in the banking sector.

Qualifications

• Knowledge of fraud and financial crime processes and products.
• Experience in team development and management.

Responsibilities

• Develop and implement fraud detection strategies and rules.
• Conduct analytics to support fraud product and operations.
• Ensure compliance with audit and control frameworks.

Skills

Analytical Skills

Communication

Education

Master's degree in a quantitative or STEM field

Job description

Job Description

We know that people want great value combined with an excellent experience from a bank they can trust, so we launched our digital bank, Chase UK, to revolutionise mobile banking with seamless journeys that our customers love. We're already trusted by millions in the US and we're quickly catching up in the UK - but how we do things here is a little different. We're building the bank of the future from scratch, channelling our start-up mentality every step of the way - meaning you'll have the opportunity to make a real impact.

As a fraud data scientist at JPMorgan Chase within the International Consumer Bank, you will be a part of a flat-structure organization. Your responsibilities include delivering end-to-end solutions in the form of cloud-native microservices architecture applications, leveraging the latest technologies and industry best practices. You are expected to be involved in the design and architecture of these solutions and focus on all stages of the SDLC lifecycle.

Our fraud analytics team is central to this venture, focused on transforming innovative ideas into customer solutions. We're looking for curious, collaborative, and tech-passionate individuals. Our team works in tribes and squads focusing on specific products and projects, with opportunities to rotate based on your strengths and interests.

Job spec requirements:

The Fraud & Financial Crime Product function leads the first line of defense for fraud and financial crime risk, including strategy and control framework ownership across all products and channels. Working within a specialist fraud team, you will ensure transaction monitoring and controls are optimized to reduce fraud and financial crime risk while maintaining excellent client experience, supporting the product from an analytics perspective.

Job responsibilities:

1. Develop and implement fraud detection strategies and rules.
2. Conduct analytics to support fraud product, operations, and financial crime protection, safeguarding customer and bank interests.
3. Support fraud operations to enhance efficiency and decision accuracy, translating strategies into operational impacts.
4. Collaborate with second-line fraud risk teams to validate model and rule effectiveness.
5. Ensure compliance with audit and control frameworks, using data to verify adherence to regulations.
6. Share best practices across JP Morgan Chase & Co.
7. Communicate effectively with management and partners through written, oral, and presentation skills.

Required qualifications, capabilities, and skills:

• Master's degree in a quantitative or STEM field such as statistics, computer science, or data science.
• Knowledge of fraud and financial crime processes and products.
• Experience in team development and management.

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to major corporations, governments, wealthy individuals, and institutional investors. Our approach emphasizes trusted, long-term partnerships to help clients achieve their objectives. We value diversity and inclusion, are an equal opportunity employer, and provide accommodations for various needs.

About the Team

Our corporate functions cover areas from finance and risk to HR and marketing, ensuring the success of our business, clients, and employees.