Job Information
JPMorgan Chase Payment Validation Manager - Commercial Banking Fraud in Indianapolis, Indiana
Payment Validation is within the Commercial Bank Fraud Prevention & Recoveries Team. This team reviews potentially fraudulent payments that have been alerted by bank controls and subsequently engages the client to ensure the client has performed their due diligence on the transaction. In addition, the team handles lookalike domain alerts when notified of domains that are registered that look like our client's domain. The team's objective is to limit client loss through the identification of fraudulent transactions that the client believes are valid and requires communication and education with client's, relationship and service teams.
As a Payment Validation Manager within Commercial Banking Fraud, you will lead the business and manage a group of dynamic Payment Lifecycle Analysts and Associate/s. As a strategic leader, you will drive change through innovation & transformation, execute the firm's strategies and modernize the clients fraud experience. In this role, you will have frequent interaction with internal teams within the bank and external clients. You will serve as a primary point of contact for more complex client requests. This role will involve participation in projects, escalated requests, or enhancements related to Commercial Banking systems, processes, and treasury products both within the US and across our global footprint. The Payment Lifecycle Associate II will report to a Payment Lifecycle Manager IIIas part of the Commercial Fraud Prevention and Recoveries Team.
Job responsibilities :
Daily responsibilities include managing direct reports, coaching directs, call monitoring, upskilling, resolving client concerns/complaints and coordinate with internal contact point for complex escalations, and serve as SME for Fraud processes
Manage activities on heavy phone work including real-time queue management of inbound hotline, case assignment, and queue prioritization
Handle escalations of potentially fraudulent payments that have been alerted by bank controls and subsequently engages the client to ensure the client has performed their due diligence on the transaction.
Educate clients on Lookalike domain alerts when notified of domains that are registered that look like our client's domain.
Investigate and processing of fraudulently negotiated items (including checks, cashier checks, and withdrawals), the processing of ACH and Wire transactions and the disposition of transactions with clients.
Reduce client fraud by querying data and analyzing client transactions detected by bank controls to determine which higher risk transactions require if engagement with the client/relationship team to ensure proper due diligence was performed by the client
Exhibit ownership of client's fraud experience and client satisfaction. Ownership of internal communication and status updates
Support the development and maintenance of policies, procedures, and training materials
Provide regular updates to senior leadership through business reviews and recurring key performance indicator (KPI) meetings
Required qualifications, capabilities and skills:
Experience in managing an operations team for 6+ years
Displayed effective leadership. Capable of motivating, developing, supporting, and training
Excellent communication skills both written and verbal
Relevant experience in stakeholder management and client focus
Knowledge on Wires, ACH, Society for Worldwide Interbank Financial Telecommunication (SWIFT) & international payment conventions/practices.
Demonstrated consistent professional presence with the ability to adapt to evolving needs and situations
Ability to multi-task effectively and leverage internal resources. Excellent organizational skills and attention to detail.
Strong client focus and ability to partner with various internal groups and client coverage.
Preferred qualifications, capabilities and skills:
- Experience and a strong working knowledge of various aspects of Fraud strategies preferred.
Must be flexible to support adjustments to work schedule; Site hours are between 8:00 AM - 8:30 PM ET.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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