Fraud Associate I

Job Responsibilities

• Leverage expertise in core fraud and credit functions to mitigate risk and reduce financial losses.
• Partnership with external clients and internal partners in various departments including, Credit, Strategy, Controls, Legal, Compliance, Sales etc.
• Collaborate with the Merchant Services executive leadership teams to advance business priorities and objectives.
• Lead and coordinate fraud risk initiatives within Merchant Services, focusing on process improvement and automation.
• Foster cross-functional collaboration to strengthen risk management practices and internal controls.
• Monitor fraud and credit processes, ensuring data integrity and effective remediation of issues.
• Act as a leader and advocate for fraud and credit risk in technology projects and working groups.
• Support change management by facilitating the adoption of new processes, technologies, and strategic initiatives.

Required Qualifications, Capabilities And Skills

• Two or more years of experience or equivalent expertise in fraud detection and prevention, with a focus on identifying at-risk customers and transactions.
• Experience in business risk and controls, with a background in Fraud Operations.
• Ability to identify control breaks, root cause identification and issue resolution.
• Proficiency in using data analytics to interpret patterns and trends in fraudulent activities.
• Ability to understand and apply emerging technologies that impact business, particularly in the context of fraud prevention.
• Experience in cross-functional collaboration, with a track record of working effectively with different departments to achieve common goals.
• Functional understanding of Structured Query Language, Statistical Analysis Software or other programming languages.
• Ability to query large amounts of data and transform raw data into actionable management information.

About Us

JPMorganChase, 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 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.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.