JPMorgan Chase - Indianapolis, IN

posted 4 months ago

Full-time - Mid Level
Indianapolis, IN
Credit Intermediation and Related Activities

About the position

Join the Fraud Client Experience team that is assisting customers find solutions in one of the world's most innovative banks. As a Fraud Recovery Analyst in the Fraud Client Experience Team, you are a part of the Fraud Prevention and Recoveries Program. You work to facilitate information exchange and communications with the Client, Relationship Team, and the Fraud Investigations Team in an effort to minimize client loss and maximize client recovery opportunities while also working to reduce bank loss. In this role, you will manage the day-to-day validation of client transactions and workflow of fraud prevention initiatives. This includes making outbound calls to clients and internal partners to validate payments and/or lookalike domains, as well as handling inbound calls for Wire/ACH held payment confirmation or red flags. You will provide education on payment validation best practices and how lookalike domains are employed to defraud businesses. Your responsibilities will also include authenticating, validating, and processing Check Fraud and ACH/WIRE claims, tracing monetary funds through BOFD contacts, and communicating with clients and internal partners to provide standard updates through the resolution of claims. You will utilize various systems including Outlook, Navigator, Customer Assist, LAW, ESDS, eServe, Remit One Admin, CCA, Deal Manager, JPM Access, Chase Connect, and Mainframe. It is essential to prioritize tasks to ensure payment cutoffs and service levels are met. You will immediately escalate confirmed fraud payments and follow procedures to secure client profiles, escalating to relationship and management teams as necessary. Additionally, you will support the development and maintenance of policies, procedures, and training materials, perform open-source research, and identify patterns/trends in transaction data.

Responsibilities

  • Manage the day-to-day validation of client transactions and workflow of fraud prevention initiatives.
  • Make outbound calls to clients and internal partners to validate payments and/or lookalike domains.
  • Handle inbound calls for Wire/ACH held payment confirmation or red flags.
  • Provide education on payment validation best practices and lookalike domains.
  • Authenticate, validate, and process Check Fraud and ACH/WIRE claims, tracing monetary funds through BOFD contacts.
  • Communicate with clients and internal partners to provide standard updates through the resolution of claims.
  • Utilize various systems including Outlook, Navigator, Customer Assist, LAW, ESDS, eServe, Remit One Admin, CCA, Deal Manager, JPM Access, Chase Connect, and Mainframe.
  • Prioritize tasks to ensure payment cutoffs and service levels are met.
  • Immediately escalate confirmed fraud payments and follow procedures to secure client profiles.
  • Support the development and maintenance of policies, procedures, and training materials.
  • Perform open-source research and identify patterns/trends in transaction data.

Requirements

  • Knowledge on Wires, ACH, SWIFT & international payment conventions/practices.
  • Proactive approach to problem solving, taking ownership of issues, and determination to follow through.
  • Creative problem-solving techniques to solve business issues.
  • Excellent time management, organizational, written & oral communication skills.
  • Ability to utilize critical thinking and problem-solving skills to accurately assess & resolve investigation cases.
  • Ability to work in a fast-paced environment and adaptability to change.
  • Flexibility to support adjustments to work schedule; shifts between 8:00 AM - 5:00 PM ET.
  • Ability to multitask while working under minimal supervision.
  • Exhibits ability to work effectively in a team environment.

Nice-to-haves

  • Strong working knowledge of various aspects of and/or Investigations/Fraud Investigations.

Benefits

  • Health insurance
  • Tuition reimbursement
  • Retirement plan
  • Comprehensive health care coverage
  • On-site health and wellness centers
  • Backup childcare
  • Mental health support
  • Financial coaching
  • Discretionary incentive compensation based on performance.
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