4 days old

JPMorgan Chase & Co.
Columbus, OH 43215
  • Job Code
    190114927

CCB - Fraud Risk - Credit Abuse - Vice President

Job Description

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

 

Our Firm wide 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.  We seek to create 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 of our team of Risk professionals and embracing an inclusive environment.

 

This role requires strong leadership, collaboration, conceptual skills, communication, attention to detail, critical thinking, efficiency, and the ability to work independently.  Responsibilities include developing analytics, business strategies, forecasting loss, and reporting that minimize losses across the Credit Card portfolio while preventing impact to customers/applicants and maintaining profitability.  The role is focused on managing First Party Fraud Risk, both prior to opening accounts and in the existing card 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.
  • 4+ years of experience in the consumer/card industry in a quantitative role
  • 4+ 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
  • Experience in Risk management disciplines
  • Knowledge of business practices within the Credit Card industry preferred
  • Proven track record of developing effective controls and managing risk
  • Proven ability to evaluate the business climate, anticipate change and develop compensating strategies/vision




      Req #: 190114927
      Location: Columbus, OH US
      Job Category: Accounting/Finance/Audit/Risk
      Employment Type: Full Time
      Potential Referral Amount: US Dollar (USD)


      Keyword: consumer%20banking

      Categories

      Posted: 2020-03-26 Expires: 2020-04-29

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      JPMorgan Chase & Co.
      Columbus, OH 43215

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