Check Fraud Strategy - VP Job at JPMorgan Chase Bank, N.A., Columbus, OH

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Job Description

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.

The team leverages analytics to develop strategies and actions that balance the tradeoff amongst fraud losses, operational expenses driven by fraud strategies, and customer impacts from fraud prevention efforts. You will also be responsible for working closely with fraud risk technical product team to deliver best in class fraud fighting capabilities to protect our customers. The role requires close partnership with the consumer and business banking, operations, technology, and product teams.

Job responsibilities:
  • Develop new creative solutions to challenges presented by fraud activity leveraging outside the box thinking.
  • Work with large amounts of complex data to monitor and uncover behaviors and trends in fraudulent activity
  • Develop new fraud fighting products (such as Machine Learning Models) by designing requirements and working with technical business partners to implement these products using agile design methodology
  • You will monitor the fraud trends in the portfolio, 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
  • You will leverage these analytics to develop strategies and actions that balance the tradeoff amongst fraud losses, operational expenses driven by fraud strategies, and customer impacts from fraud prevention efforts
  • You will work closely with partners across the firm to develop a joint list of projects to deliver solutions that keep the firm and our customers safe from fraud while helping the business group
  • Work on diverse tasks and respond to emerging issues

Required Qualifications, Capabilities, and Skills
  • At least 7 years of professional experience, experience in risk management, strategic analytics, or data science preferred
  • Strong analytical, interpretive, and problem-solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas
  • Ability to compress large amounts of data into short and concise presentations with sound business conclusions
  • Ability to develop elegant and common-sense solutions to complex business challenges
  • Excellent analytical skills with the ability to comprehend and explain data / concepts in a clear and concise manner
  • Strong knowledge of programming language like SAS, SQL, Python, and R
  • Proficient in Excel & PowerPoint

Preferred Qualifications, Capabilities and Skills
  • Candidate should have a passion for problem solving
  • Prior experience working in Fraud risk, especially Check Fraud

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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

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