At a Glance
- Tasks: Develop and implement fraud strategies to detect and prevent fraudulent activities.
- Company: Join J.P. Morgan, a global leader in financial services with a start-up mentality.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make a real impact in revolutionising mobile banking and protecting customers' financial interests.
- Qualifications: Master’s degree in STEM fields and knowledge of fraud processes required.
- Other info: Collaborative teams focused on innovation and career development.
The predicted salary is between 36000 - 60000 £ per year.
We know that people want great value combined with an excellent experience from a bank they can trust, so we launched our digital bank, Chase UK, to revolutionise mobile banking with seamless journeys that our customers love. We are building the bank of the future from scratch, channelling our start-up mentality every step of the way – meaning you will have the opportunity to make a real impact.
As a fraud data scientist at JPMorgan Chase within the International Consumer Bank, you will be part of a flat-structure organization. Your responsibilities are to deliver end-to-end cutting-edge solutions in the form of cloud-native microservices architecture applications leveraging the latest technologies and the best industry practices. You are expected to be involved in the design and architecture of the solutions while also focusing on the entire SDLC lifecycle stages.
Our fraud analytics team is at the heart of this venture, focused on getting smart ideas into the hands of our customers. We are looking for people who have a curious mindset, thrive in collaborative squads, and are passionate about new technology. By their nature, our people are also solution-oriented, commercially savvy and have a head for fintech. We work in tribes and squads that focus on specific products and projects – and depending on your strengths and interests, you will have the opportunity to move between them.
Job Responsibilities- Responsible for development and implementation of fraud strategies/rules to effectively detect fraudulent activities.
- Conduct analytics to support fraud product, fraud operations and financial crime to protect the financial interest of the customers and the bank.
- Conduct analytics to support fraud operation team to improve efficiency and decision accuracy, including translation of fraud strategy into fraud operation impact.
- Work with the 2nd line fraud risk teams to ensure models, rulesets and strategies are effective.
- Ensure all compliance, audit & control frameworks are followed – using data to support the confirmation of these processes are adhered to regulation standard.
- Share best practice across JP Morgan Chase & Co.
- Superior written, oral communication and presentation skills with experience communicating concisely and effectively with all levels of management and partners.
- Master’s degree in numeric fields or STEM related fields, such as statistics, computer science, data science, etc.
- Knowledge of Fraud processes and products.
- Team development and management experience required.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
Data Scientist – Fraud Strategic Analytics Associate employer: JPMorganChase
Contact Detail:
JPMorganChase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist – Fraud Strategic Analytics Associate
✨Tip Number 1
Network like a pro! Reach out to current employees at JPMorgan Chase on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by diving deep into fraud analytics. Brush up on the latest trends and technologies in the field. Show us that you're not just a data whiz, but also passionate about making a real impact in fraud prevention.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex data insights clearly. Try explaining your past projects to friends or family – if they get it, you’re on the right track!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at JPMorgan Chase.
We think you need these skills to ace Data Scientist – Fraud Strategic Analytics Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Data Scientist role. Highlight your experience with fraud analytics and any relevant technologies you've worked with. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for fintech and how you can contribute to our mission at Chase UK. We love seeing candidates who are excited about making an impact.
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Provide examples of how you've used data to solve problems or improve processes. We’re looking for solution-oriented thinkers!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at JPMorganChase
✨Know Your Numbers
As a Data Scientist, you'll need to demonstrate your analytical skills. Brush up on key statistics and data analysis techniques relevant to fraud detection. Be ready to discuss how you've applied these in past projects or how you would approach specific scenarios.
✨Understand the Fraud Landscape
Familiarise yourself with current trends in fraud and financial crime. Research common fraud strategies and how they impact banking. This knowledge will show your genuine interest in the role and help you engage in meaningful discussions during the interview.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific examples where you've tackled complex problems. Use the STAR method (Situation, Task, Action, Result) to structure your answers. Highlight how your solutions improved efficiency or accuracy, especially in a team setting.
✨Communicate Clearly
Since the role requires superior communication skills, practice explaining technical concepts in simple terms. Be prepared to present your ideas clearly and concisely, as you'll need to communicate effectively with various stakeholders within the bank.