Fraud Strategy Deposit Acquisition - Senior Associate

JPMorgan Chase & Co.; Wilmington (DE); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorgan Chase in Wilmington, Delaware is seeking a Senior Associate for the Fraud Strategy Team to translate complex data analytics into risk criteria, operational controls, and performance monitoring. You will apply your judgment to design end-to-end solutions that reduce fraud losses while maintaining customer experience and regulatory compliance.

In this role you will monitor fraud trends across portfolios, develop strategies that balance fraud losses, costs, and customer impact, and partner

Qualifications

• Bachelor's degree required.
• 2+ years in risk management, analytics, or data science.
• Proficiency in SAS, SQL, Python and data interpretation.

Responsibilities

• Monitor fraud trends across portfolios to identify gaps and propose solutions using data from across the firm.
• Develop strategies balancing fraud losses, operating costs, and customer impact.
• Collaborate with partners across the firm to align on priorities that protect customers and drive growth.
• Work with fraud risk product teams to deliver best-in-class fraud-fighting capabilities.

Skills

SAS

SQL

Python

Education

Bachelor's degree

Tools

Excel

PowerPoint

Job description

Bring your expertise to JPMorgan Chase. As a part of Risk Management and Compliance, 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 Senior Associate within the Fraud Strategy Team, you will generate insightful analytics and provide recommendations concerning risk criteria 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:

• You will monitor the fraud trends in the portfolio to develop insights around potential gaps in our defenses and propose solutions by leveraging data from across the firm, advanced machine learning models, and other advanced analytics.
• You will develop strategies and actions that balance the tradeoff amongst fraud losses, operational expenses driven by fraud strategies, and customer impacts from fraud prevention efforts.
• You will work closely with partners across the firm to deliver on joint priorities that keep the firm and our customers safe from fraud while helping the business grow.
• You will also be responsible for working closely with fraud risk technical product team to deliver best in class fraud fighting capabilities to protect our customers.

Required Qualifications, Capabilities and Skills:

• Bachelor's degree.
• 2+ years of professional experience related to risk management, strategic analytics, or data science.
• Strong knowledge of programming language like SAS, SQL, Python.
• Strong analytical, interpretive, and problem-solving skills with the ability to interpret large amounts of data to monitor and uncover behaviors and trends in fraudulent activity.
• Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications. Proficient in Excel & PowerPoint.
• Excellent organizational and project management skills; able to manage competing priorities under tight deadlines.
• Proven ability to collaborate and build strong partnerships.
• High degree of initiative, self-direction, and ability to work well under pressure.

Preferred Qualifications, Capabilities and Skills:

• Prior experience working in Fraud strategy
• Intellectual curiosity with a proven ability to learn quickly