What are the responsibilities and job description for the Risk Management - Fraud Strategy Risk Lead - Vice President position at JPMorganChase?
Job Description
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 the Fraud Risk Strategy Oversight Lead (Vice President) within the Consumer & Business Banking Risk Management group, you will be responsible for the oversight of the with Fraud Strategy team by providing an independent point of view of risks associated with both new and existing business initiatives. You will play a critical role in evaluating fraud & scam related strategies across the Consumer Bank, ensuring risks are thoroughly assessed and mitigated. As a key member of the Risk Oversight team’s second line of defense, you will provide effective challenge to new strategic initiatives and offer an independent perspective on emerging fraud and scam trends. Additionally, you will independently monitor portfolio performance to identify emerging trends and potential risk for the firm.
Job Responsibilities
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, paid in the form of cash and/or forfeitable equity, 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.
Equal Opportunity Employer/Disability/Veterans
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.
We are here to help you manage your money with checking, savings and credit cards, combining the latest banking technology with comprehensive solutions to meet the financial needs of nearly half of U.S. households.
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 the Fraud Risk Strategy Oversight Lead (Vice President) within the Consumer & Business Banking Risk Management group, you will be responsible for the oversight of the with Fraud Strategy team by providing an independent point of view of risks associated with both new and existing business initiatives. You will play a critical role in evaluating fraud & scam related strategies across the Consumer Bank, ensuring risks are thoroughly assessed and mitigated. As a key member of the Risk Oversight team’s second line of defense, you will provide effective challenge to new strategic initiatives and offer an independent perspective on emerging fraud and scam trends. Additionally, you will independently monitor portfolio performance to identify emerging trends and potential risk for the firm.
Job Responsibilities
- Evaluate new Fraud Strategies or modifications to ensure that the Strategies team has identified all the risks and has included appropriate controls to mitigate risks
- Actively represent Risk Oversight and be a valued member of the Fraud ecosystem.
- Collaborate with the business to solve problems and escalates topics when the business exposes the bank to risk in an unsafe way
- Stay abreast of new/changes in provisioning, tokenization, authentication, technology, and Digital financial services
- Deconstruct and explain complex concepts and issues in a business-friendly manner to senior/executive management
- Work effectively as an individual contributor and collaborative team member on simultaneous projects.
- Possess excellent verbal and written communication skills and the ability to interact professionally with executives, managers, and subject matter experts
- Work well in a team environment, including cross-functional teams
- Bachelor's degree
- Minimum of 5 years in a control function (Audit, Controls, Operational Risk Management, Risk Management, Compliance) or other relevant function
- Critical thinking skills
- Ability to defend positions and influence with quantitative analysis developed with an analytical team
- Ability to work effectively with both business and technically oriented individuals
- Excellent written and verbal communication skills
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, paid in the form of cash and/or forfeitable equity, 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.
Equal Opportunity Employer/Disability/Veterans
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.
We are here to help you manage your money with checking, savings and credit cards, combining the latest banking technology with comprehensive solutions to meet the financial needs of nearly half of U.S. households.