Job Description
Bring your expertise to JPMorgan Chase. As 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 Fraud Risk Associate within the Consumer & Business Banking (CBB) Risk Management group, you will be responsible for analysis related to various De-Risking and Controls agenda initiatives within the DDA New Account Originations area. Your role will involve providing high level analytic support for complex projects that require sophisticated data analytics on large datasets, along with managing the implementation/validations with technology/product teams. This is an exciting opportunity for you to work on high impact strategy initiatives that are a key focus of the firm and across the financial services industry.
Job Responsibilities:
- Analyze DDA Acquisition strategies and support efforts to develop risk strategies which reduces fraud losses and improves revenue benefit to the firm
- Develop an expertise in DDA New Account Originations and understand the operational details and key risks within the underlying business processes.
- Provide analytic support and timely reporting for the successful implementation of various De-risking initiatives.
- Coordinate with IT, Systems and Operations partners to implement new projects as required.
- Ensure compliance with existing risk and control structure while driving future enhancements to risk and control structure.
- Critically assess fraud trends to uncover gaps in fraud tools and develop new ways of combatting the fraud
- Provides 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
- Ensure robust business controls exist and are executed against on a consistent basis
- Partner closely with Operations, IT, marketing, finance, loss strategy owners, Retail bank leadership and digital leadership to ensure that all priorities are aligned.
- Communicate across lines of business and all key stakeholder groups. Participate in developing and implementing best practices across the broader team including stakeholders like digital, product, finance, technology
Required qualifications, capabilities and skills:
- Master's/Bachelor's degree in a quantitative or business discipline from an accredited college/university required;
- 3+ years of experience in analytics space.
- 2+ years of SAS programming experience (PC, UNIX or mainframe).
- Highly proficient in Microsoft Office suite of products.
- 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.
- 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. Ability to manage and prioritize projects across cross-functional groups.
- Strong communication and interpersonal skills, ability to interact with individuals across departments / functions and with senior-level individuals.
Preferred qualifications, capabilities and skills:
- Advanced degree is preferred.
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
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 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
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.
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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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