JP Morgan Chase

7 days ago


Mumbai, India JP Morgan Chase Full time

Description:


- Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area?


- As a Fraud risk Lead, you are responsible for managing the fraud loss lines for Business Banking Lending within the Fraud Risk Center of Excellence reporting to the Head of Fraud Risk for Secured Lending.


- This includes oversight of the loss line trends, root cause analysis and strategy adjustments to minimize losses while focusing on the optimal customer experience.


- You will also engage closely with partners in risk and supported businesses to ensure fraud risks associated with new business initiatives are represented, understood and that adequate controls are in place to manage according to the business' risk appetite.


- You will possess creative thinking and problem solving; be self-motivated, confident and able to work in a fast-paced energetic environment.

Job responsibilities

- Accountable for fraud & credit abuse risks associated with our Business Banking Lending Product, i.e. accountable for fraud strategy (analytical product knowledge) to mitigate losses & oversight with relationship management and presentation skills

- Requires strong relationship skills given interaction with 1st line to effectively manage the fraud strategy outputs, conduct case analysis with stakeholders to validate strategies, and a need to build a fraud culture in the product

- Requires analytical experience & skills to effectively determine available strategy opportunities, through dynamic & complex methodologies; to include potential to work with vendors on technical solutions

- Ability to synthesize analysis into concise, executive-level communications

- Ability to work independently, with multiple layers of the organization

Required qualifications, capabilities and skills:

- 7+ years risk management experience; and an understanding of the Business Banking/Small Business Lending business

- Independent problem solving skills.

- Understanding of the Business Banking/Small Business Lending business

- Able to synthesize quantitative and qualitative analysis into concise, executive-level communications

- Excellent written and verbal communications skills

Preferred qualifications, capabilities and skills:

- 5+ year's in consumer mortgage originations or investigation experience.

- SAS Enterprise Guide, SQL, Tableau

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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation 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.

Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

(ref:iimjobs.com)
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