Consumer Banking - Fraud Risk Strategy Analytics Associate

Posted 13 Days Ago
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Mumbai, Maharashtra
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Fraud Risk Strategy Analytics Associate, you will analyze emerging fraud trends, develop fraud prevention products, and collaborate with cross-functional teams to enhance fraud risk management. The role involves monitoring fraud portfolio trends, balancing fraud losses with operational costs, and delivering effective fraud-fighting strategies.
Summary Generated by Built In

Job Description
The Fraud Risk Analytics is part of the Consumer Banking Risk Management and Fraud Center of Excellence (COE) team within Consumer and Community Banking Risk. This team is responsible for the management of fraud risk associated with Check transactions and cash withdrawals.
As a Fraud Risk Strategy Analytics Associate within our Risk Management team, you will have the opportunity to analyze emerging fraud trends, develop new fraud fighting products, and work with cross-functional teams. You will leverage your strong analytical and problem-solving skills to interpret large amounts of data and its impact in both operational and financial areas. This role provides an opportunity to develop creative solutions to challenges presented by fraud activity and to contribute significantly to our risk management efforts.
Job responsibilities

  • 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.
  • Develop strategies and actions that balance the tradeoff amongst fraud losses, operational expenses driven by fraud strategies, and customer impacts from fraud prevention efforts.
  • Collaborate 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
  • 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

  • 7+ years of professional experience related to risk management, strategic analytics, or data science
  • Strong knowledge of programming language like SAS, SQL
  • 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.
  • Intellectual curiosity with a proven ability to learn quickly
  • High degree of initiative, self-direction, and ability to work well under pressure


Preferred qualifications, capabilities, and skills

  • Prior experience working in Fraud risk, especially Check Fraud is a bonusagement


About Us
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.
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.
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.

Top Skills

SAS
SQL
The Company
Mumbai, Maharashtra
289,097 Employees
Hybrid Workplace
Year Founded: 1799

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.

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