24 days old

CCB - Fraud Risk - Strategic Analytics, Associate

JPMorgan Chase & Co.
Wilmington, DE 19801
  • Job Code
    190102801_1

CCB - Fraud Risk - Strategic Analytics, Associate

Req #: 190102801_1
Location: Wilmington, DE, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

 

Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

 

CCB Risk

Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others

 


This role requires strong thought, leadership, collaboration, conceptual skills, communication, attention to detail, and efficiency.  Responsibilities include developing analytics, business strategies, and reporting that minimize losses across the Credit Card portfolio while preventing impact to legitimate customers/applicants and ensuring minimal impact to profitability.  The role is focused on managing Credit and Fraud Risk, both prior to opening accounts and managing the booked portfolio.


 


Key Responsibilities:


  • Monitor emerging trends and capabilities
  • Leveraging data analysis, create, and ready for implementation, strategies targeting fraud and risk at time of acquisition
  • Leveraging data analysis, create and implement strategies targeting emerging fraud and risk across the portfolio and at time of transaction
  • Deliver on short timelines
  • Present strategies and enhancements to leadership for approval
  • Ensure compliance with existing control structure while driving future enhancements to our control structure
  • Partner closely with Operations, IT, marketing, finance, risk strategy owners, Retail bank leadership and Card leadership to ensure that all priorities are aligned
  • Communicate across lines of business and all key stakeholder groups
  • Ensure robust business controls exist and are executed against on a consistent basis




    • Master’s degree in a quantitative discipline from an accredited college/university preferred or 3+ years of experience in the consumer/card industry in a quantitative role
    • Data analytics skills and experience are a strong requirement
    • Demonstrated leadership in applying analytics to efficiently and pragmatically solve business problems through structured problem solving approaches
    • Working knowledge of detection & mitigation practices for fraud types such as identity theft, first party fraud, and synthetic identity fraud
    • Experience in Risk management disciplines
    • Knowledge of business practices within the Credit Card industry preferred
    • 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
    • Proven ability to successfully negotiate and motivate at all levels of co-workers
    • Up to date knowledge and understanding of Consumer Credit laws and regulations  is a plus
    • History of communicating to senior leaders of an organization preferred
    • Working knowledge of payment channels and the unique risks associated with each channel


    Keyword: card%20services

    Categories

    Posted: 2019-11-13 Expires: 2019-12-13

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    CCB - Fraud Risk - Strategic Analytics, Associate

    JPMorgan Chase & Co.
    Wilmington, DE 19801

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