Job Information
JPMorgan Chase Risk Management - Card Acquisition and Fraud Risk Strategy - Associate in Plano, Texas
Bring your expertise to JPMorgan Chase. As a Risk Management - Fraud Risk Strategy - Associate within JPMorgan Chase's Risk Management and Compliance team, you will be at the forefront of maintaining our company's strength and resilience. Your role will involve anticipating new and emerging risks, using your expert judgement to solve real-world challenges that impact our company, customers, and communities. You will be part of a culture that encourages thinking outside the box, challenging the status quo, and striving to be best-in-class.
As a Fraud Risk Analyst with Card Fraud Strategy Management group, you will be responsible for analysis relating to various Card Service new account origination areas. This includes identifying optimization opportunities, developing value based strategies to mitigate acquisition risks, and creating Management Information System (MIS) reports. This role requires providing high level analytic support for complex projects that requires sophisticated large data mining analytics. You will excel at creative thinking and problem solving; be self-motivated, confident and ready to work in a fast-paced environment!
Sample projects include: end-to-end monitoring on daily application volume and fraud trends, real-time anomaly detection. Conduct both loan level case review on fraudulent accounts and portfolio level analytics to diagnose the attack vectors. Develop/test/implement/track the mitigation solutions to prevent the fraudulent applications and losses. Partner with Digital Account Opening, Product, Marketing, Risk Architecture, Credit Risk and Operation teams on large scale and/or complicated solutions.
Job Responsibilities:
Develop and maintain periodic analytics to provide management with full insight into emerging trends and the quality of the originated accounts
Attain a detailed understanding of key performance metrics and profitability drivers, enabling the delivery of insights encompassing the full account lifecycle
Acquire an understanding of the operational processes (e.g. manual underwriting, portfolio management, collections) which will aid in understanding acquisition performance drivers
Conduct ad hoc analytics and contribute to various projects representing Risk Management
Required qualifications, capabilities and skills:
MS degree and 3 years Risk Management required
BS degree and minimum 5 years Risk Management or other quantitative experience required
Background in statistics, econometric, or other quantitative field required
Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
Ability to query large amounts of data and transform the raw data into actionable management information
Familiarity with risk analytic techniques
Strong analytical and problem-solving abilities
Strong written and oral communication skills
Experience delivering recommendations to management
Preferred qualifications, capabilities and skills:
- Quantitative experience preferred
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 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.
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.
Equal Opportunity Employer/Disability/Veterans