Card Fraud Strategy – Senior Associate

JPMorgan Chase JPMorgan Chase · Banking · Wilmington, DE +1 · Consumer & Community Banking

This role focuses on managing and enhancing fraud strategy within a financial institution, leveraging AI/ML for fraud detection and risk mitigation. The primary goal is to balance fraud prevention with financial performance, operational efficiency, and customer experience.

What you'd actually do

  1. Manage and enhance Fraud strategy to drive the intended tradeoff between fraud mitigation, financial performance, customer experience, and operational efficiency
  2. Regularly monitor fraud trends and customer frictions to identify opportunities to improve fraud strategy performance
  3. Leverage internal and external data sources and advanced analytic tools to drive accurate fraud detection
  4. Partner with product, technology, and operations to develop new capabilities for better detection and treatment by helping design solutions, develop requirements and test before and after implementations
  5. Collaborate closely with broader fraud strategy team and other cross functional teams to leverage best practice and ensure control and compliance

Skills

Required

  • MS degree and 2+ years (or BS degree and 4+ years) of experience in risk management/data analytics
  • Excellent collaboration and partnership skills
  • Ability to think strategically
  • Strong knowledge of SAS, SQL, Python and MS Office
  • Strong analytical thought leadership
  • Strong process management and project management skills
  • Strong communication skills
  • Demonstrated strong curiosity to learn and attention to details

Nice to have

  • Relevant fraud experience
  • Product management experience

What the JD emphasized

  • Strong knowledge of SAS, SQL, Python and MS Office required
  • Strong analytical thought leadership with the ability to leverage AI and machine learning to drive effective and innovative solutions

Other signals

  • leverage AI and machine learning to drive effective and innovative solutions
  • drive accurate fraud detection
  • mitigate risk while balancing the minimization of revenue loss, operating costs, and customer impacts