Consumer Banking Fraud Risk Strategy Digital Payments - Associate

Posted 2 Days Ago
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Mumbai, Maharashtra
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
In this role, you'll perform strategic analytics for fraud risk management, focusing on identifying and mitigating risks from scams and account takeovers. You'll develop insights into performance metrics, operational processes, and contribute to various risk management projects through ad hoc analytics.
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 Strategic Analytics Associate, in fraud-Risk Strategy team you'll work with the to generate thoughtful analytics and recommendations to the business concerning 1st-Party (Scams & Wrongdoer/ Mule) and 3rd Party (Account-Takeover, Third-Party-Inducement) risk identification and mitigation. You would be responsible for strategy development, implementation, operational controls, and performance monitoring.
Job responsibilities :

  • Develop and maintain periodic analytics to provide management with full insight into emerging fraud trends
  • Attain a detailed understanding of key performance metrics and profitability drivers, enabling the delivery of insights, encompassing the full account lifecycle
  • Acquire an understanding of the operational processes (e.g. manual underwriting, portfolio management, collections) which will aid in understanding acquisition performance drivers
  • Conduct ad hoc analytics and contribute to various projects representing Risk Management


Required qualifications, capabilities, and skills :

  • MS degree and 3 years Risk Management or BS degree and minimum 5 years Risk Management or other quantitative experience.
  • Fraud Risk Strategy Experience
  • Background in statistics, econometric, or other quantitative field.
  • Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
  • Ability to query large amounts of data and transform the raw data into actionable management information
  • Familiarity with risk analytics techniques
  • Strong analytical and problem-solving abilities
  • Strong written and oral communication skills
  • Experience delivering recommendations to management


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

What the Team is Saying

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The Company
HQ: New York, NY
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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