Card Fraud Strategy - Senior Associate

Next Frontier Capital; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

JPMorganChase is seeking an Associate in Fraud Strategy to design and validate fraud capabilities while balancing risk, revenue, and customer impact. You will work with product, technology, and operations to analyze data, identify root causes, and implement end-to-end analytics-driven solutions.

The role emphasizes strategic thinking, collaboration with senior stakeholders, and staying ahead of industry trends to drive effective fraud mitigation and customer experience improvements.

Qualifications

• MS degree and 2+ years in risk management/data analytics. Relevant fraud experience preferred.
• Excellent collaboration and partnership skills with internal and external teams.
• Strategic thinking to develop roadmaps and execute short- and long-term solutions.
• Ability to leverage AI/ML to drive innovative fraud solutions.
• Strong project management skills and cross-functional coordination.

Responsibilities

• Design and validate fraud strategies, capabilities, and processes across product, tech, and ops.
• Monitor fraud trends and customer frictions to improve performance.
• Leverage internal and external data sources to drive detections.
• Develop requirements and test solutions with stakeholders before/after rollout.
• Collaborate with cross-functional teams to ensure governance and controls.
• Stay abreast of industry trends and best practices in fraud.
• Communicate clearly with senior leaders and partners at all levels.

Skills

Data analytics

Risk management

Collaboration

Strategic thinking

AI/ML knowledge

Project management

Communication

Education

MS degree

Job description

As a part of Fraud Strategy, 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 Fraud Strategy is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As an Associate within the Fraud Strategy Team, you will be responsible for designing and validating fraud strategies, capabilities, and processes including working with Product, Technology and Operations. Your role will require a deep understanding of the business, data analysis to understand root causes, and the use of analytics to design and implement solutions. You will play a pivotal role in promoting end-to-end solutions that mitigate risk while balancing the minimization of revenue loss, operating costs, and customer impacts.

Job responsibilities:

• Manage and enhance Fraud strategy to drive the intended tradeoff between fraud mitigation, financial performance, customer experience, and operational efficiency
• Regularly monitor fraud trends and customer frictions to identify opportunities to improve fraud strategy performance
• Leverage internal and external data sources and advanced analytic tools to drive accurate fraud detection
• Partner with product, technology, and operations to develop new capabilities for better detection and treatment by helping design solutions, develop requirements and test before and after implementations
• Collaborate closely with broader fraud strategy team and other cross functional teams to leverage best practice and ensure control and compliance
• Stay on top of the industry trends and adopt industry best practices
• Drive concise and effective oral and written communications with internal and external partners at different levels

Required qualifications, capabilities, and skills:

• MS degree and 2+ years (or BS degree and 4+ years) of experience in risk management/data analytics. Relevant fraud experience preferred
• Excellent collaboration and partnership skills with proven track record in working well with internal teams and external partners
• Ability to think strategically to come up with a vison for areas of responsibility, develop roadmaps and drive execution to balance short-term vs long-term solutions
• Strong analytical thought leadership with the ability to leverage AI and machine learning to drive effective and innovative solutions
• Strong process management and project management skills with the ability to drive capability development. Product management experience is a plus
• Strong communication skills with the ability to communicate effectively and strategically to senior leaders and key stakeholders
• Demonstrated strong curiosity to learn and attention to details to drive analytical and execution quality

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.

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.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Card Fraud Strategy - Associate