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JPMorganChase

Trading Fraud Strategy Vice President

Job Posted 2 Days Ago Posted 2 Days Ago
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Hybrid
Columbus, OH
Senior level
Hybrid
Columbus, OH
Senior level
The role involves designing strategies to manage fraud risks in investment activities, collaborating with technology partners to enhance fraud detection, and providing client-focused solutions for various banking channels.
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Job Description
Are you ready to lead the charge in safeguarding our clients and firm from fraud? As a Vice President in Asset Wealth Management Fraud Management, you'll have the opportunity to design and implement a cutting-edge framework for risk-decisioning in investment activities. This role allows you to collaborate with technology partners, identify fraud trends, and develop strategies to protect against fraudulent transactions across various banking channels. You'll join a dynamic team that values innovation, flexibility, and attention to detail, offering ample room for career growth and development. Make a significant impact in a fast-paced environment where your critical thinking and problem-solving skills will shine.
As a Vice President in Asset Wealth Management Fraud Management, you will play a pivotal role in establishing and maintaining a comprehensive framework for risk-decisioning in investment activities. You will design and implement strategies to monitor and manage fraud risks, ensuring the protection of both the firm and our clients from fraudulent transactions across multiple banking channels. By working closely with technology partners, you will identify fraud trends and develop rules to mitigate risks, providing top-tier fraud protection and remediation services. Your role is crucial in supporting our unique client base, and you will operate with an end-to-end focus in a dynamic and collaborative team environment. Join us to drive innovation and excellence in fraud management while advancing your career in a fast-paced setting.
In this role, you will collaborate with Wealth Management Banking Operations and Asset Wealth Management Fraud Management to deliver client-focused solutions that support Mortgage, Credit, Trust & Estates Services, Tax, Deposits Middle Office, and Fraud Management for Private Bank and Wealth Management clients. You will be at the forefront of supporting business activities, delivering strategic projects, and automating processes using intelligent automation tools. Your expertise will be instrumental in managing challenging situations by offering fraud detection while minimizing operational costs. As our team and organization grow, your flexibility and ability to adapt to evolving business needs will be key. This position offers a unique opportunity to work in an environment that values creativity, strategic thinking, and proactive problem-solving.
Job Responsibilities

  • Develop, implement, and execute strategies, policies, and processes to manage and mitigate financial loss from fraudulent activities while balancing risk management and client experience.
  • Create a target state framework and operating model for investment activity risk-decisioning and secure buy-in from senior leadership.
  • Collaborate with internal technology, operations, legal, risk, and compliance partners to develop requirements for the target operating model and gain support.
  • Lead the development of fraud detection capabilities through collaboration with the fraud prevention team and business units.
  • Interpret complex data to formulate problem statements and draw conclusions about underlying risk dynamics and opportunities.
  • Conduct data analysis, including data collection, synthesis, and translation of results into actionable solutions.
  • Provide implementation support, including testing and process change management, ensuring compliance with Oversight and Control partners' requirements.
  • Offer subject matter expertise for fraud escalations.
  • Exercise initiative and judgment to resolve problems within established policies.
  • Collaborate with industry peers to share best practices and trends.


Required Qualifications, Capabilities, and Skills

  • Bachelor's degree in a technology-related field or Finance.
  • Five or more years of experience in technical analysis related to financial fraud.
  • Seven or more years of experience in brokerage or fintech.
  • Three or more years of direct people leadership experience.
  • Experience with building or querying big data environments using languages such as SQL, Python, SAS, or Alteryx.
  • Ability to analyze qualitative and quantitative data and convert raw data into useful insights to support business decisions.
  • Skill in interpreting complex data to formulate problem statements and draw conclusions about underlying risk dynamics and opportunities.
  • Proven ability to operate effectively in a matrix organization and work under pressure with tight deadlines.
  • Demonstrates exceptional judgment and the ability to independently identify and escalate key issues, obtain appropriate information from further analysis, and develop actionable recommendations.
  • Specific knowledge of core broker-dealer systems, operation of common broker-dealer products, applicable laws, and regulations, and how each may be impacted by fraudulent activities.


Preferred Qualifications, Capabilities, and Skills

  • Series 7, 9, & 10 or 7, 24, 4, and 53 certifications.
  • Experience coordinating multiple projects to delivery and establishing a governance framework.


Required or Additional Information

  • Work schedules will vary within a full-time, 40-hour per week schedule. You must be willing to work during our operating hours, which may include evenings, weekends, and holidays. Specific information will be provided by the recruiter.
  • Visa sponsorship is not available for this position.


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, 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Top Skills

Alteryx
Python
SAS
SQL

JPMorganChase Hyderabad, Telangana, IND Office

JP Morgan Tower, Salarpuria Sattva Knowledge City, HITEC City, Raidurgam, Hyderabad, Telangana, India, 500081

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