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Core Cash Fraud Prevention Product Manager Vice President
Job in
Chicago, Cook County, Illinois, 60290, USA
Listed on 2026-07-14
Listing for:
JPMorganChase
Full Time
position Listed on 2026-07-14
Job specializations:
-
IT/Tech
Cybersecurity, FinTech
Job Description & How to Apply Below
Job Description
We are seeking a Product Manager in Core Cash Fraud Prevention to lead the end‑to‑end product life cycle, act as the voice of the customer, and develop profitable products that deliver value and exceed expectations. The role involves shaping the future of product innovation, guiding successful launches, and ensuring top‑tier client experiences.
Job Responsibilities- Lead the design, development, and implementation of a new Global Fraud Consortium data platform and its business rules to improve detection rules, models, and algorithms for core cash payment channels including Wires, ACH, RTP, and emerging payment methods.
- Develop a product strategy and vision that delivers customer value, aligned with business objectives and risk appetite for fraud prevention solutions.
- Manage discovery efforts and market research to uncover customer solutions and integrate them into the product roadmap, including threat analysis, competitive benchmarking, and emerging fraud pattern identification.
- Own, maintain, and develop a product backlog that supports the overall strategic roadmap and value proposition using Agile methodologies.
- Build frameworks and track the product's key success metrics such as cost, feature and functionality, risk posture, reliability, fraud detection effectiveness, and false positive rates.
- Analyze fraud trends, attack vectors, and typologies to continuously enhance detection capabilities while balancing fraud prevention effectiveness with customer experience.
- Collaborate with data science teams to develop and deploy machine learning models that benefit from the new platform.
- Design fraud detection and prevention mechanisms that comply with regional regulatory requirements.
- Collaborate with compliance, legal, and risk teams globally to ensure product features meet all applicable regulatory standards, fraud reporting obligations, and maintain proper documentation and audit trails for regulatory examinations.
- 5+ years of experience or equivalent expertise in product management or a relevant domain area.
- Advanced knowledge of the product development life cycle, design, and data analytics.
- Proven ability to lead product life‑cycle activities including discovery, ideation, strategic development, requirements definition, and value management.
- Minimum 3 years of Financial Technology experience with deep understanding of the Banking Payment Domain including Wires, ACH, Real Time Payments, and ISO 20022 standards.
- Extensive experience working with fraud detection systems and deep understanding of fraud patterns, typologies, and attack vectors in payment ecosystems, including experience with fraud case management and investigation workflows.
- Proven experience designing and implementing payment and fraud prevention solutions.
- Strong proficiency in Agile development methodologies and tools (JIRA) with ability to write clear, comprehensive user stories following INVEST principles with well‑defined acceptance criteria.
- Strong understanding of regional payment regulations and fraud prevention requirements across multiple jurisdictions (US, EMEA, APAC), and fraud reporting obligations.
- Experience with API design, contract definition, and specifications (Swagger) and knowledge of web service protocols and technologies (SOAP, XML, JSON).
- SQL and database scripting capabilities with ability to analyze large datasets.
- Bachelor's or Master's degree required in Engineering, Computer Science, Mathematics, or a related quantitative field.
- Demonstrated prior experience working in a highly matrixed, complex organization.
- 6–12 years of experience in software development or technology companies.
- Expertise in fraud detection methodologies, machine learning models, and rule‑based engines.
- Experience with fraud detection rule engines and scoring models.
- Track record of delivering products with a "first‑time‑right, on‑time delivery" approach.
- Experience gathering and synthesizing requirements from diverse stakeholders including fraud investigators, compliance officers, and regional business partners through structured…
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