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Fraud Risk - Strategic Analytics Associate

JPMorgan Chase

Fraud Risk - Strategic Analytics Associate

JPMorgan Chase

Wilmington, DE, United States, US

·

On-site

·

Full-time

·

3w ago

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, 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 Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Strategic Analytics Associate, your role will require a deep understanding of the problem universe, 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

  • Develop and Implement end-to-end strategies to mitigate the credit abuse loss
  • Monitor strategies to identify emerging attacks and trends and make changes to strategies in response
  • Perform large loss case review to identify opportunity in the gap
  • Collaborate with Operation team to enhance the credit abuse treatment
  • Collaborate with various stakeholders which includes operations, Business GMs, Credit risk team and broader partner in driving initiatives.
  • Provide support to senior leadership by delivering actionable insights and identifying opportunities for improvement within fraud portfolios

Required qualifications, capabilities, and skills

  • MS degree and 3 years Risk Management or other quantitative experience or a BS degree and minimum 5 years Risk Management or other quantitative experience
  • Background in statistics, econometric, or other quantitative field
  • 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

  • Experience in credit cards or financial services or risk management
  • Working knowledge of detection & mitigation practices for fraud

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

Recommend to a Friend

Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study