Core Cash Fraud Prevention Product Manager - Payments - Vice President

JPMorgan Chase offers a platform for senior product leaders in Payments. This onsite Chicago role leads Core Cash Fraud Prevention at the Vice President level, guiding end-to-end product lifecycle and partnering with data science, compliance, and risk teams to deliver scalable fraud prevention for core cash channels. Compensation ranges from USD 109,250 to 177,500 per year, with commission-based pay and discretionary incentive compensation.

Benefits

• Base salary
• Commission-based pay
• Discretionary incentive compensation
• Cash and/or forfeitable equity
• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching

Responsibilities

• Spearhead the design, development, and rollout of a Global Fraud Consortium data platform and its business rules to enhance detection rules, models, and algorithms for core cash channels such as Wires, ACH, RTP, and emerging methods
• Develop a product strategy and vision that delivers customer value while aligning with business objectives and fraud risk appetite
• Lead discovery and market research to identify customer solutions and integrate them into the product roadmap, including threat analysis, competitive benchmarking, and identification of new fraud patterns
• Own and evolve the product backlog to support the strategic roadmap using Agile methodologies
• Define and monitor key success metrics such as cost, feature delivery, risk posture, reliability, fraud detection effectiveness, and false positive rates
• Analyze fraud trends, attack vectors, and typologies to continually improve detection while balancing fraud prevention with customer experience
• Collaborate with data science teams to build and deploy machine learning models on the new platform
• Design fraud detection and prevention mechanisms that comply with regional regulatory requirements
• Partner with compliance, legal, and risk teams globally to ensure features meet regulatory standards, fraud reporting obligations, and maintain documentation and audit trails

Requirements

• 5+ years of experience or equivalent expertise in product management or a related field
• 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 Banking Payment Domain including Wires, ACH, Real Time Payments, and ISO 20022 standards
• Extensive experience with fraud detection systems and deep understanding of fraud patterns, typologies, and attack vectors in payment ecosystems, including 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 and 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; Engineering, Computer Science, Mathematics, or related quantitative field

Technologies

• JIRA
• Swagger
• SOAP
• XML
• JSON
• SQL