Italian American Police Society of New Jersey

Fraud Prevention Investigator – Jersey City

Fraud Prevention Investigator

Posted byJPMorgan Chase & Co

Posted date2014-Mar-19

LocationJersey City


The Fraud Prevention Investigator reports directly to the GS&I Fraud Prevention Assistant Director.APPLY AT: 13027Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.

Global Security and Investigations protects the firm’s employees and assets throughout the world. This responsibility includes the development of security and safety policies and procedures, regulatory and legislative compliance, Security guard management and alarm response, crisis management, ATM, branch and corporate building security and customer safety, physical crime investigations, workplace violence, fire and life safety, executive protection, due diligence, pre-employment screening, security operations on a global basis, fraud Investigations and cyber security.

The Fraud Prevention Investigator reports directly to the GS&I Fraud Prevention Assistant Director. The position will be responsible for initiating fraud prevention projects, inputting data into our Fraud Prevention System and conducting fraud prevention analysis against new account originations. Candidate must be able to routinely interact with a team of fraud prevention analysts to assess fraud findings and through research and analysis, produce actionable intelligence to help the firm mitigate/prevent fraud.

This individual will assist in and perform fraud prevention activities that involve the review of automated output reports. The Investigator will be focused on identifying customers and accounts that pose a fraud or reputational risk, then communicating those findings to management and Line of Business representatives in a fashion that prompts them to initiate account/relationship closure or denial.

The position requires a strong understanding of fraud, working with internal management. This individual will assist in and perform analysis of fraud activity across the organization and partner closely with the Central Technology and Operations Group. The Investigator will be focused on root cause analysis and quantifying risk, then communicate those findings to management in a fashion that prompts them to initiate systems, process, and procedural change that address the identified areas of concern.


1.Minimum of 5 years in the financial services industry, preferably in an fraud risk function
2.Candidate must have a clearly demonstrated understanding of the banking industry and its practices.
3.Preferred experience working with multiple LOB’s across the Firm footprint

Technical skills:
1.Strong proficiency with current programs, analytic tools and techniques used by JPMC.
2.Experience in the automation of aggregating and analyzing large amounts of data for intelligence purposes.
3.Knowledge and experience using data mining tools a plus.

People Skills:
1.Ability to be adaptable and flexible in responding to deadlines and workflow requirements.
2.Able to articulate analysis of firm-wide fraud data and fraud trends to both a technical and a non-technical audience.
3.Able to interface with various LOB risk groups and industry peers in subjects related to fraud loss reporting and trending.

Process Skills:
1.Knowledge of computers and the processing of data.
2.Ability to identify and recommend remediation strategies on a regular basis.
3.Strong knowledge of the data required to conduct analysis and trending patterns.

Communication Skills:
1.Ability to prepare and analyze data in a logical manner and be able to summarize findings to both a technical and non-technical audience.
2.Strong oral, written, and presentation skills combined with the ability to explain complex scenarios and lead group discussions.

Education:Bachelors Degree in Criminal Justice, Computer Science, Accounting, MIS, Business Management, Engineering, or a technology-related field.

CISSP, CISA, or CFE are a plus.