Consumer Banking - Fraud Risk Strategy Analytics Associate

Posted 7 Days Ago
Be an Early Applicant
Mumbai, Maharashtra
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Analyzing transaction and customer data for fraud detection and prevention, developing strategies, conducting analysis, and collaborating with various departments to mitigate fraud losses. Requires 2+ years of experience in consumer/card industry analytics and proficiency in SAS and Microsoft Office products.
Summary Generated by Built In

Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As a Consumer Banking - Fraud Risk Strategy Analytics Associate within the Centralized Connected Commerce Fraud Risk Strategy team, you will be responsible for performing quantitative and qualitative analysis on transaction and customer level data. You will assist in developing, maintaining, and improving policies, controls, strategies, processes and procedures within the assigned function. You will also be responsible for conducting complex analysis and providing accurate, timely and concise results with recommendations to management in order to minimize fraud losses or prevent unnecessary customer disruption.
Job responsibilities;

  • Monitor emerging trends and capabilities and Create and implement strategies targeting fraud through digital channels.
  • Seek and recommend opportunities to improve underlying strategy rules and processes
  • Ensure compliance with existing risk and control structure while driving future enhancements to risk and control structure.
  • Asses fraud trends to uncover gaps in fraud tools and develop new ways of combatting the fraud
  • Provide accurate and concise results and presents findings, recommendations and presentations to Management.
  • Collaborate across cross functional teams to knowledge share and develop broader insights into fraud and customer impacts
  • Work independently and multi task on several projects and processes and Partner closely with Operations, IT, marketing, finance, loss strategy owners, Retail bank leadership and digital leadership to ensure that all priorities are aligned.
  • Influence thought leadership in work areas across the function and Expected to work on multiple projects with limited guidanc
  • Ensure robust business controls exist and are executed against on a consistent basis and May work on several projects and processes and Communicate across lines of business and all key stakeholder groups.
  • Mentor other analysts within same risk team and other risk teams to help them develop their risk management skills and knowledge.


Required qualifications, capabilities and skills

  • Master's/Bachelor's degree in a quantitative or business discipline from an accredited college/university.
  • Minimum 2 years of experience in the consumer/card industry in analytics space and SAS programming experience (PC, UNIX or mainframe).
  • Highly proficient in Microsoft Office suite of products.
  • Experience in Risk management disciplines and departments and Proven track record of developing effective controls and managing operational risk
  • Proven ability to evaluate the business climate, anticipate change and develop compensating strategies/vision.
  • Demonstrated leadership in applying analytics to efficiently and pragmatically solve business problems through structured problem solving approaches.
  • History of communicating to senior leaders of an organization and Strong communication and interpersonal skills, ability to interact with individuals across departments / functions and with senior-level individuals.
  • Working knowledge of detection & mitigation practices for fraud in the consumer banking space and payment channels and the unique risks associated with each channel.
  • Strong analytical, technical and statistical skills. Ability to synthesize / analyze diverse information, develops recommendations, and makes decisions.
  • Project Management Skills -- well-organized, structured approach. Ability to achieve tight timelines on complex deliverables and Ability to manage and prioritize projects across cross-functional groups.


About Us
JPMorgan Chase & Co., 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.
About the Team
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.
We are here to help you manage your money with checking, savings and credit cards, combining the latest banking technology with comprehensive solutions to meet the financial needs of nearly half of U.S. households.

Top Skills

SAS
The Company
Mumbai, Maharashtra
289,097 Employees
Hybrid Workplace

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Bengaluru, Karnataka
Hyderabad, Telangana
Mumbai, Maharashtra

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account