Job Description :
Asset Management – Associate – Fraud Analytics – Bangalore, IN
About JP Morgan Asset Management
J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
Our Business
AWM fraud Management team centralize and drive fraud prevention activities across AM. This function will drive and co-ordinate activities across a number of partner organizations such as Client Service, Risk, Cyber Security, Technology and Oversight & Control to ensure the business is well positioned to meet the both present and future fraud threats that impact the business
Position Summary:
The position is a newly created position for AWM. The role holder will be a critical part of the build out of the fraud function whose objective is to protect the assets of both JP AM clients and also the firm itself. The key functions of the role holder will be to

  • Data Mining/ Analysis of Trends – Ability to use querying and data mining tools to create and analyze large data sets with the end goal of detecting fraud trends and making recommendations for changes based on these trends.
  • Manage & Influence fraud rule sets – manage and optimize AM owned transactional fraud rule sets to ensure fraud risk and client experience are balanced within appetite. Work with partner LOB’s to influence their rules to ensure that they reflect the AM business model appropriately
  • Work with product and development teams – to design and develop risk controls for new and existing products (especially in the online and mobile channels)
  • Technology – Work with/in technology projects both within AM and outside AM (CCB and CIB) to ensure appropriate fraud controls are embedded in new technology projects.
  • Business – Drive and automate fraud MIS to ensure that senior stakeholders understand the key issues driving losses. Ensure the MIS is concise and identifies the key fraud KPIs that need to be monitored to assess fraud performance on a daily, weekly and monthly basis.
  • Project Management – Work across payment channels by continually monitoring for incidents, performing root cause analysis, determining recommendations and presenting findings to various audiences (all levels of staff and management) in various ways (verbal, written, presentations). Work with other LOBs whose channels we leverage
  • Other duties as assigned

Required Qualifications

  • Ability to analyze qualitative and quantitative data and convert raw data into useful insights in order to make better business decisions
  • Must have code development experience using SQL, PL/SQL, Teradata SQL, SAS SQL
  • Must have manual and/or automated testing experience using tools like Jmeter, Blaze meter
  • Must have experience using control version tools like Git, Big Bucket, etc.,
  • Work experience in using any of the data visualization tools – Alteryx, Tableau, QlikView
  • Understand key data science fundamentals and has experience building statistical models using SAS, Python or R
  • Strong written and verbal communication skills
  • Ability to work in cross-functional teams across marketing, risk, and technology groups
  • Ability to work independently and produce results with minimal supervision

Preferred Skills

  • Prior experience in building client 360 data model using data science techniques
  • Prior experience in online or mobile product development, risk management, fraud operations or audit
  • Fraud management experience – Preferably in a large financial services organization
  • Payments experience – Deep understanding of payment systems for both domestic and international payments.
  • Client facing experience / Strong communication skills – Understanding of how to manage difficult situations with internal clients and strong communication skills in order to ensure clients understand next steps and what is required from them in order to remediate fraud issues.

JPMorgan Chase is an equal opportunity and affirmative action employer M/F/Disability/Veteran.


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