• Job Description

  Req#: 210441015

  The Asset and Wealth Management Fraud Management team is the first line of defense against fraud and drives both best-in-class client experience while maintaining fraud prevention strategies and capabilities that keep the firm and our clients safe from fraud.

  As a Fraud Analyst, you will support the fraud prevention, remediation, and recovery process for the Private Bank. In this role, you be responsible for reviewing money movement alerts for fraud concerns, collaborate with client's and internal employees to resolve complex client inquiries, and collaborate with law enforcement and other financial institutions to mitigate loss. Our goal is to mitigate client and bank financial exposure to the best of our ability. As our team and organization grows, flexibility with the business needs is expected. It is imperative that this individual operate with end-to-end focus and work effectively with minimal supervision. Our client base is unique, attention to detail is extremely important.

  Job Responsibilities

  • Review transactions submitted on all channels available for the Private Bank for fraud concerns
  • Collaborate with clients, internal partners to mitigate losses
  • Provide guidance for fraud inquiries
  • Collaborate with crossline of business partners to ensure handling is in line with the Private Bank expectations
  • Identify and escalate new fraud trends
  • Proactively identify potential regulatory risks, escalating through proper channels with the ability to recommend solutions to key stakeholders
  • Effectively communicate with internal partners

  Required Qualifications, Skills, and Capabilities

  • The ideal candidate will have 3 or more years’ experience in a financial institution performing fraud prevention functions
  • Experience with existing and emerging fraud trends in the banking industry
  • Client management skills – candidate must demonstrate the judgment and ability to closely partner with and advise senior and line managers or other stakeholders
  • Analytical skills – the candidate must be highly analytical with experience in collecting, analyzing, and synthesizing information on various subjects using Microsoft standard researched utilities at an expert proficiency level
  • Problem solving, Teamwork, and Communications skills
  • Must be proficient in MS Word, Excel, PowerPoint, along with content sharing solutions like SharePoint

  Required Qualifications, Skills, and Capabilities

  • Experience in the financial services industry preferred
  • Background in financial crimes is preferred
  • Specific knowledge of core banking systems, operation of common banking products, applicable laws, and regulations, and how each may be impacted by fraudulent activities strongly preferred
  • Bachelor’s degree or relevant experience preferred

• About the company

  J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

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