Business Banking Trust & Security - Card Rewards Fraud Strategy, Senior Associate

JPMorgan Chase; Wilmington (DE); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase is seeking a Senior Associate in Fraud Strategy within Business Banking Trust & Security to generate analytics and recommend strategy development, controls, and performance monitoring.

The role requires deep problem understanding, data analysis to uncover root causes, and applying analytics to design end-to-end risk solutions while balancing revenue loss and customer impact.

Qualifications

• Masters degree with 2+ years in risk management or data analytics; or bachelor's with 4+ years.
• Strong collaboration with internal and external partners.
• Strategic thinking to develop roadmaps and drive execution balancing short- and long-term needs.
• Proficiency in SAS, SQL, Python and MS Office.
• Ability to leverage AI and ML to design innovative solutions.

Responsibilities

• Manage and enhance Fraud strategy to drive the tradeoff between fraud mitigation, financial performance, customer experience, and efficiency.
• Regularly monitor fraud trends and customer frictions to identify improvement opportunities.
• Leverage internal and external data sources to drive accurate fraud detection.
• Partner with product, technology, and operations to develop capabilities and test implementations.
• Collaborate with cross-functional teams to share best practices and ensure compliance.
• Stay on top of industry trends and adopt best practices.
• Drive concise oral and written communications with internal and external partners at different levels.

Skills

SAS

SQL

Python

MS Office

Strategic thinking

Analytics leadership

Project management

Communication

Collaboration

Curiosity

Education

Master's degree

Bachelor's degree

Job description

Bring your expertise to JPMorgan Chase. As 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 Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Business Banking Trust & Security - Card Rewards Fraud Strategy, Senior Associate, you will generate insightful analytics and provide recommendations concerning strategy development, implementation, operational controls, and performance monitoring. Your role will require a deep understanding of the problem universe, 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

• Masters degree and 2+ years (or Bachelors degree and 4+ years) of experience in risk management/data analytics.
• 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 knowledge of SAS, SQL, Python and MS Office required
• 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.
• 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

Preferred qualifications, capabilities, and skills

• Relevant fraud experience preferred
• Product management experience is a plus

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, paid in the form of cash and/or forfeitable equity, 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 ment