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JPMorganChase
Bengaluru, Indiana, India
(on-site)
Job Type
Full-Time
Job Function
Banking
Fraud Strategy - VP
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Fraud Strategy - VP
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
As a part of Fraud Strategy, 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 Fraud Strategy is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Vice President within the Fraud Strategy Team, you will be responsible for designing and validating fraud strategies, capabilities, and processes including working with Product, Technology and Operations. Your role will require a deep understanding of the business, data analysis to understand root causes, and the use of analytics to design and implement solutions. You will play a pivotal role in promoting end-to-end solutions that mitigate risk while balancing the minimization of revenue loss, operating costs, and customer impacts.Job responsibilities:
• Manage and enhance Fraud strategy to drive the intended tradeoff between fraud mitigation, financial performance, customer experience, and operational efficiency
• Regularly monitor fraud trends and customer frictions to identify opportunities to improve fraud strategy performance
• Leverage internal and external data sources and advanced analytic tools to drive accurate fraud detection
• Collaborating with operations, marketing, product and technology, loss line owners, process owners and analytics teams to develop and prioritize initiatives and resources to maximize existing capabilities.
• Stay on top of the industry trends and adopt industry best practices
• Drive concise and effective oral and written communications with internal and external partners at different levels
Required qualifications, capabilities, and skills:
• 7+ years of experience in risk management/data analytics. Relevant fraud experience preferred
• Ability to mentor and develop a team of analysts, managing their book of work to deliver on business objectives
• Strong knowledge of programming language like SAS, SQL
• Proven ability to collaborate and build strong partnerships.
• Ability to think strategically to come up with a vison for areas of responsibility, develop roadmaps and drive execution to balance short-term vs long-term solutions
• Strong analytical thought leadership with the ability to leverage AI and machine learning to drive effective and innovative solutions
• Strong communication skills with the ability to communicate effectively and strategically to senior leaders and key stakeholders
• Demonstrated strong curiosity to learn and attention to details to drive analytical and execution quality
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
\n 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.\n
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\n 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.\n
Job ID: 82772753
Please refer to the company's website or job descriptions to learn more about them.
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Showing data for the city of Bangalore, India.
Median Salary
Net Salary per month
$890
Cost of Living Index
22/100
22
Median Apartment Rent in City Center
(1-3 Bedroom)
$324
-
$861
$593
Safety Index
46/100
46
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$17
-
$54
$29
High-Speed Internet
$7
-
$13
$10
Transportation
Gasoline
(1 gallon)
$4.28
Taxi Ride
(1 mile)
$0.48
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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