Lead Data Scientist - Fraud | London, UK

JPMorgan Chase & Co.; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

Join a leading financial services firm as a Lead Data Scientist focused on fraud detection. You will leverage your analytical skills to develop innovative solutions, ensuring compliance and enhancing customer experience while working in a collaborative environment.

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 supporting fraud products and operations.
• Collaborate with fraud risk teams to ensure model effectiveness.

Skills

Team Development

Management

Analytical Skills

Education

Master's degree in a quantitative or STEM field

Job description

Lead Data Scientist - Fraud

JPMorgan Chase & Co. London, United Kingdom

Job Description

We understand that customers seek great value and excellent experiences from a trusted bank, which led us to launch Chase UK, our digital bank aiming to revolutionise mobile banking with seamless journeys. Trusted by millions in the US and rapidly expanding in the UK, we are building the bank of the future with a start-up mentality, offering you the chance to make a significant impact.

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

Our fraud analytics team is central to this initiative, dedicated to transforming smart ideas into customer solutions. We value curiosity, collaboration, passion for technology, commercial awareness, and an interest in fintech. Our teams are organized into tribes and squads focusing on specific products and projects, with opportunities to move across them based on your strengths and interests.

Job specifications:

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 specialized fraud team, you will ensure transaction monitoring and controls are optimized to reduce risks 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 supporting fraud products, operations, and financial crime to protect customer and bank interests.
3. Support fraud operations in improving efficiency and decision accuracy, translating strategies into operational impact.
4. Collaborate with second-line fraud risk teams to ensure the effectiveness of models, rulesets, and strategies.
5. Ensure compliance with audit and control frameworks, using data to demonstrate adherence to regulations.
6. Share best practices across JPMorgan Chase & Co.
7. Communicate effectively with management and partners through written, oral, and presentation skills.

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 prominent clients worldwide. We aim to build trusted, long-term partnerships to help clients achieve their objectives. We value diversity and inclusion, and we are committed to equal opportunity employment, accommodating religious practices, mental health, and disability needs.

About the Team

Our corporate functions cover areas from finance and risk to HR and marketing, ensuring our company's success and setting our teams up for success.

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