Fraud Risk Strategy Analytics

4 days ago


Varthur Bengaluru Karnataka, India JPMorgan Chase & Co Full time

**JOB DESCRIPTION**
The Fraud Risk Analytics is part of the Consumer Banking Risk Management and Fraud Center of Excellence (COE) team within Consumer and Community Banking Risk.
This team is responsible for analysis related to various De-Risking and Analytics initiatives within the Fraud Risk Business.

As an Strategic Analytics Associate, you'll work with the risk team to generate thoughtful analytics and recommendations to the business concerning strategy development, implementation, operational controls, and performance monitoring. This requires deep understanding of the problem universe, digging into data to understand root causes, leveraging analytics to design a solution, and implementation of the solution. You will play a critical role in driving end to end solutions which mitigate risk while providing a balanced solution to minimize revenue loss, operating costs and customer impacts.

**Job responsibilities**
- Develop and maintain periodic analytics to provide management with full insight into emerging trends in Card Rewards; Communicate across partner teams and at all levels
- Manage deliverables needed to implement strategies by working with stakeholders to design solutions, develop requirements and test their implementation
- Monitor strategies to identify emerging attacks and trends and make changes to strategies in response
- Ensure compliance with existing control structure while also driving future enhancements
- Conduct ad hoc analytics and contribute to various projects representing Risk Management and deliver on short timelines

**Required qualifications, capabilities, and skills**
- Bachelor's Degree from an accredited college/university in a quantitative discipline.
- 3+ years of experience in a quantitative role.
- Analytical mindset and strong problem solving skills.
- Proficient in performing analytics using SAS or equivalent analytical tool and ability to query large amounts of data using SQL and transform the raw data into actionable management information.
- Ability to query large amounts of data and transform the raw data into actionable management information.

**Preferred qualifications, capabilities, and skills**
- Experience in credit cards or financial services or risk management.
- Working knowledge of detection & mitigation practices for fraud preferred.
- Master's degree or above.

**ABOUT US**

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. 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**

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.

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.



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