Vice President, Fraud, Risk, Strategy - SAS/SQL/Python

J.P. Morgan; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

J.P. Morgan Chase & Co. invites a Vice President to join Fraud Strategy, designing and validating fraud strategies, capabilities and processes with Product, Technology and Operations to mitigate risk while balancing revenue impact.

You will apply analytics to understand root causes and promote end-to-end solutions that reduce risk while balancing revenue, cost, and customer impact. You will lead cross-functional teams, monitor fraud trends, and communicate insights to senior leadership, driving

Qualifications

• 7+ years of experience in risk management/data analytics.
• Proficiency in SAS and SQL.
• Proven ability to collaborate and build partnerships.
• Ability to think strategically and balance short- vs long-term solutions.

Responsibilities

• Monitor authentication risks across IVR, call center and branch to identify tactical and strategic responses.
• Collaborate with product, operations, tech and analytics to prioritize initiatives.
• Own fraud loss categories related to ATO and authentication to minimize expenses.
• Track fraud trends and customer frictions to improve strategy performance.
• Use internal and external data sources and analytics tools to improve detection.
• Stay updated on industry trends and best practices.
• Communicate clearly with internal and external partners at all levels.

Skills

7+ years risk analytics

SAS

SQL

Cross-functional collaboration

Strategic thinking

Job description

As a Vice President 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 teams. 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 risks while balancing minimization of revenue loss, operating costs, and customer impacts.

Job responsibilities

• Monitoring authentication risks in non-digital channel of IVR, call center & branch and fraud attack trends to identifying tactical and strategic responses to minimize customer and bank exposure.
• Collaborating with product, operations, technical and analytics teams to develop and prioritize initiatives and resources to maximize existing capabilities.
• Taking ownership of the ATO and authentication related fraud loss categories to ensure a clear plan is place to minimize overall fraud loss expenses
• 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
• 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
• 7+ years of experience in risk management/data analytics. Relevant fraud experience preferred
• Strong knowledge of programming language like SAS, SQL
• Proven ability to collaborate and build strong partnerships.
• Ability to think strategically to come up with a vison for areas of responsibility, drive execution to balance short-term vs long-term solutions
• Experience delivering recommendations to management, strong ownership and accountability to drive and execute initiatives
• Strong communication skills with the ability to communicate effectively and strategically to senior leaders and key stakeholder
• Demonstrated strong curiosity to learn and attention to details to drive analytical and execution quality

Required qualifications, capabilities, and skills

• 7+ years of experience in risk management/data analytics. Relevant fraud experience preferred
• Strong knowledge of programming language like SAS, SQL
• Proven ability to collaborate and build strong partnerships.
• Ability to think strategically to come up with a vison for areas of responsibility, drive execution to balance short-term vs long-term solutions
• Experience delivering recommendations to management, strong ownership and accountability to drive and execute initiatives
• Strong communication skills with the ability to communicate effectively and strategically to senior leaders and key stakeholder
• Demonstrated strong curiosity to learn and attention to details to drive analytical and execution quality

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 mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

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.

As part of Fraud Strategy team, 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.