Digital Fraud Risk Analytics – Associate
Posting description
You are a strategic thinker passionate about driving solutions in fraud analytics. You have found the right team
In Digital Fraud Strategy team you will be responsible for leveraging advanced analytical tools to protect customers from fraud and scams in the digital payments space (Zelle, bill pay, wire transfers, ACH, funds transfers, and real time payments). You will be leverage machine learning fraud models, overlain with vendor and in-house data as well as an array of analytical techniques to develop risk rules and strategies.
Job Responsibilities –
The primary objective of the team is to act as the end to end owner of fraud loss management of digital activity.
The team focuses on three main areas:
Reducing fraud losses through identification of trends and development of strategies/business rules,
Reducing the cost of fraud alerts, by improving the efficiency of the alerts and/or automating review processes, and
Reducing negative customer experience and complaints by understanding points of friction and brainstorming solutions to resolve common pain points.
Required qualifications, capabilities, and skills
At least 3-4 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: Python, SAS, R and SQL
Demonstrated experience with data analysis, designing & analyzing experiments, and simplifying/communicating complex topics
Preferred qualifications, capabilities, and skills
Ability to develop new creative solutions to challenges presented by fraud activity leveraging outside the box thinking.Manipulate and understand large amounts of complex data to monitor and uncover behaviors and trends in fraudulent activity.
Strong communication skills with the ability to communicate complex data into a clear story to team members as well as senior leaders.A desire to work as part of a team, and ability to work with cross functional teams
The ability to develop new fraud fighting products by designing requirements and working with technical business partners to implement these products using agile design methodology
The ability to work on diverse tasks and respond to emerging issue.Candidate should have a passion for problem solving
JPMorgan Chase & Co., 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. 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.
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