About Company
JPMorgan Chase & Co. is a leading global financial services firm with operations worldwide. We are a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. With a legacy spanning over 200 years, we serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients under our J.P. Morgan and Chase brands. We are committed to fostering an inclusive workplace where every employee can thrive and contribute to our mission of helping clients achieve their financial goals. Our commitment to innovation, integrity, and social responsibility underpins everything we do.
Job Description
We are urgently seeking a dedicated and detail-oriented Fraud Analyst to join our dynamic team in Downtown Long Beach. In this critical role, you will be on the front lines of protecting our clients and the firm from financial crime. As a Fraud Analyst, you will be responsible for detecting, investigating, and mitigating fraudulent activities across various financial products and services. This position demands a keen analytical mind, a strong understanding of fraud patterns, and the ability to work swiftly and accurately under pressure. You will leverage advanced tools and techniques to identify suspicious transactions, conduct thorough investigations, and collaborate with internal and external partners to resolve cases. This is a fantastic opportunity for someone passionate about financial security to make a tangible impact within one of the world’s most reputable financial institutions. The ideal candidate will possess excellent problem-solving skills, a commitment to upholding the highest standards of integrity, and a proactive approach to identifying and addressing emerging fraud risks. Join us in our mission to safeguard our assets and maintain the trust of our vast client base, contributing directly to the financial well-being of our customers and the integrity of the financial system. We are looking for an individual who is eager to learn, adapt, and grow within a fast-paced and challenging environment.
Key Responsibilities
- Conduct thorough investigations of suspicious activity and potential fraud cases identified through various detection systems and reports.
- Analyze complex financial data and transaction patterns to identify anomalies and indicators of fraudulent behavior.
- Communicate effectively with customers, internal teams, and external parties (e.g., law enforcement) to gather information and resolve fraud cases.
- Prepare detailed reports and documentation of investigative findings, ensuring compliance with regulatory requirements and internal policies.
- Identify trends and emerging fraud schemes to recommend enhancements to fraud detection rules, systems, and processes.
- Collaborate with cross-functional teams, including Risk Management, Compliance, and Operations, to implement effective fraud prevention strategies.
- Stay abreast of industry best practices, regulatory changes, and technological advancements in fraud detection and prevention.
- Assist in the development and delivery of training programs for colleagues on fraud awareness and prevention.
Required Skills
- Minimum of 2 years of experience in fraud analysis, financial crime, or a related field within banking or financial services.
- Strong analytical and problem-solving skills with meticulous attention to detail.
- Proficiency in using data analysis tools (e.g., Excel, SQL) to interpret complex financial data.
- Excellent written and verbal communication skills, with the ability to articulate complex issues clearly and concisely.
- Ability to work independently and as part of a team in a fast-paced, high-volume environment.
- Demonstrated understanding of banking products, services, and associated fraud risks.
- Strong ethical compass and commitment to maintaining confidentiality and data security.
Preferred Qualifications
- Bachelor's degree in Finance, Economics, Criminal Justice, or a related analytical field.
- Certifications such as Certified Fraud Examiner (CFE) or similar.
- Experience with fraud detection software and case management systems (e.g., Actimize, NICE Actimize, Verafin).
- Knowledge of relevant financial regulations (e.g., AML, BSA, KYC) and their application to fraud prevention.
- Ability to speak multiple languages, which may be beneficial for certain investigations.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- Generous paid time off, including vacation, sick leave, and holidays.
- 401(k) retirement plan with company matching contributions.
- Opportunities for continuous learning and professional development.
- Employee assistance program and wellness initiatives.
- Tuition reimbursement program for eligible courses.
- Access to a global network of financial professionals and career advancement opportunities.
How to Apply
Interested candidates are encouraged to click on the application link below. Please submit your resume and cover letter detailing your relevant experience and why you are the ideal candidate for this urgent role. We look forward to reviewing your application.