Cybersecurity Fraud Intelligence Lead – Vice President

The Cybersecurity organization's objective is to ensure that JPMC is able to effectively detect, prevent, and respond to cyber threats against our technology infrastructure. The scope of Cybersecurity comprises detection and monitoring of threats and vulnerabilities, managing security incidents, and evolving our preventive infrastructure to keep ahead of the threat. We accomplish this through strong information security leadership and active collaboration with line of business information risk managers to provide high quality security solutions and services that are focused on improving the Firm's risk posture.

The Cyber Fraud APAC and South America Lead will work closely with Fraud Intelligence teams within Cyber Security Operations to maintain and advance intelligence collection efforts, optimize reporting, and manage metrics production.

Responsibilities:

• Lead efforts across Fraud Intelligence teams (card, banking, data automation) to expand the teams' intelligence collection, optimize reporting to internal stakeholders, and assist in managing expanding metrics production efforts specific to the Asia Pacific and South American geographic areas
• Act as the Fraud Intelligence lead representative in a multi-disciplinary security operations center (SOC)
• Act as liaison between Corporate Cyber Security Operations-Fraud Intelligence and the various JPMC lines of business (LOBs)
• Work closely with Cyber Security Operations teams to collaborate on a first in class intelligence program.
• Maintain and advance knowledge of industry fraud trends
• Conduct and manage detailed analysis and risk assessments on all issues affecting the Firm
• Engage in problem solving, process improvement, and strategic planning initiatives
• Continually identify and evaluate 3 rd party solutions to fraud problems facing the Firm
• Author and edit intelligence reports and contribute to metrics production

Qualifications

5+ years of experience with at least 3 collecting and analyzing intelligence, conducting financial investigations, and/or working in banking technology, risk, or operations including APAC and South America

• 3+ years of experience collecting and analyzing intelligence, conducting financial investigations, and writing professional reports
• Experience with large volumes of transactional data, conducting deep-dive analysis, and financial services industry products and services
• Experience serving business stakeholders, managing cross collaboration, and leading teams
• Strong knowledge of banking terms, phrases, and concepts
• Prior cyber security and/or cyber threat experience a plus
• The ability to work in a fast paced environment to include the translation of complex concepts and issues into messaging easily understood by senior leadership
• Bachelor's degree or equivalent experience
• Prior threat intelligence/SOC experience a plus

People Skills:

• Excellent people, time management, and organization skills
• An ability to work with minimal direction and supervision-independently or in leadership role
• Experience managing aggressive deadlines in a fast-paced environment
• The ability to coordinate, work with, and gain the trust of business stakeholders to achieve a desired objective

Process Skills:

• Strong attention to detail in conducting analysis combined with ability to accurately record full supporting documentation
• An ability to leverage the efforts of multiple teams into a cohesive product/service
• An ability to mitigate a vulnerability or issue by leveraging support from internal stakeholders in a collaborative approach
• An ability to conduct critical analysis, form a hypothesis, and make recommendations to senior management
• An ability to mitigate a vulnerability or issue by leveraging support from internal stakeholders in a collaborative approach

Communication Skills:

• Excellent written and verbal communication skills are required
• Able to articulate and visually present complex analysis results
• Ability to communicate effectively with business representatives in explaining findings clearly and where necessary, in layman's terms

This position is anticipated to require the use of one or more High Security Access (HSA) systems. Users of these systems are subject to enhanced screening which includes both criminal and credit background checks, and/or other enhanced screening at the time of accepting the position and on an annual basis thereafter. The enhanced screening will need to be successfully completed prior to commencing employment or assignment.

J.P. Morgan is a place for talented people from all backgrounds and perspectives because our clients come from all backgrounds and perspectives. We encourage a culture of inclusion, where everyone's opinion counts and all employees have the freedom to deliver their absolute best. This is why we work hard and invest in attracting and developing a diverse workforce. Learn more about our Business Resource Groups in how they help our employees build successful careers and reach their greatest potential.

Date: 2016.05.31 Category: Technology Comments (0) Trackbacks (0)

Millennials And Their Retirement Dreams: Is There Hope?



We cherish the promise of the American Dream. We’re taught that if we work hard and invest wisely, we’ll be able to retire comfortably. And with child-like optimism, we plug on until we’re 65. Yet, the numbers just don’t add up. The reality: as hard as we work, 92% of working households still won’t meet conservative retirement savings targets for their age and income. Even worse, with the loss of pensions, our current system (social security) to help ensure financial stability might not be here for our younger generation (Millennials).

What’s Standing In The Way Of Millennials’ Financial Dreams

As the largest generation in the U.S. workforce, Millennials are facing real challenges (some out of their control) that will inhibit their ability to maintain the same quality of life they have today when they reach retirement. In a recent study, we found that 40% of Millennials haven’t opened a single retirement savings account. And, 73% don’t know their net worth. Why does this matter?

Aside from the obvious (time is your biggest asset when it comes to planning for retirement!) – these two factors are critical for taking control of your financial life, whether you’re making a retirement plan, paying off student debt, planning for a family or any other financial priority. They’re also important for figuring out how much risk you can take on to protect yourself from unforeseen expenses or financial emergencies.

The Road To Retirement

With the average projected savings needed to retire comfortably hitting at least $1 million, far too many Millennials are already staggeringly behind. Cost of living is no joke in many of the big cities that Millennials flock to these days, yet according to our data, some Millennials are hoping to work for just 15 years. That amounts to nominal retirement savings at best, even if they’re maxing out their 401k contributions. To supplement the rest of their income in retirement, many are banking on living on inheritances without having a backup plan. On top of that, a scary number would pull out money from their retirement savings early to pay for big purchases like a car or wedding. We have an obligation to stop complaining about the shaky state of retirement readiness and help this generation live more stable financial lives. Because when they gamble with their retirement future, the American Dream ceases to exist.

The Solution?

From our research, we’ve found that the future of millennial retirement readiness depends on transparency – from quick mobile access to financial accounts, to support from trusted financial experts. In fact, Millennials are demanding better access to their retirement plans – 94% want mobile access to their retirement accounts. And, Millennials are twice as likely as people age 45 and older to say they’d check their retirement savings account daily if they could access it on their mobile device.

If we meet Millennials where they are, there is hope. I’ve invested my career in companies with the mission to make it easier for people to understand and manage their financial lives. I’ve seen that when people have the ability to interact with their finances, at their fingertips, they make smarter financial decisions – both short and long-term. We need to keep creating technology and fueling innovation that will meet the specific needs of the Millennial generation. Mobile banking led the way for everyday financial literacy. Soon, mobile retirement planning, coupled with broader access to financial advisors, will (and should) be the norm. Every day we’re getting one step closer.

Date: 2016.05.04 Category: Finance Comments (0) Trackbacks (0)

Avoid Online Holiday Booking Scams by Bacall Associates

How to avoid online holiday booking scams

The post-Christmas rush for holiday bookings is in full swing, as are reports of fraudulent travel companies operating online. Do you know what to look out for to avoid being scammed?

The growth of holidays and flights available on the internet has provided a wealth of opportunities for the travelling public but it has also provided opportunities for fraudsters. At the start of each New Year fraudsters steal millions of pounds targeting holidaymakers who book their summer holidays online.

HOLIDAY BOOKING FRAUD

The criminals scam unsuspecting members of the public by posing as online travel agents and setting up fake travel booking websites. They can make large sums of money by taking payments for holiday, hotel and flight reservations that do not exist. This is common for bookings related to high profile events as well as holidays.

As a result, individual consumers are losing up to tens of thousands of pounds on phone bookings. They often do not discover they have been ripped off until it is too late and are unable to afford a replacement holiday. This has an impact on the health of the victims, as well as on their purses, due to added stress and worry.

The Association of British Travel Agents (ABTA) has seen an increase in customer inquiries relating to fraud during January, the most popular month for consumers to search for cheap holiday bookings. In response, the associatio has released a helpful guide to the warning signs of fraud online.

1. Prices that is considerably lower than competitors

Although prices may vary slightly amongst different agents, flight and holiday prices are largely set and it is unlikely that one is drastically cheaper and genuine.

2. Low resolution and blurry logos for trade associations and credit card companies

If you are unsure, check with the protection organization or trade body that the company is still licensed to trade.

3. The only payment option is a bank transfer

This indicates that no bank is prepared to provide credit card facilities, but paying by credit card will protect your money.

4. Non-receipt of tickets

Always check the paperwork and be wary of companies that don't give any.

5. Check customer reviews and the website address

If a company is defrauding people, there is a good chance that consumers will post details of their experiences and warnings about the company online. An illegitimate website can be spotted by a slight change in the website domain.

Above all, always use your instincts. The sad truth is that if something seems too good to be true, it probably is. So the next time you want to book an exciting getaway online, take on board ABTA's warning signs to escape the scammers.
Date: 2016.05.01 Category: Travel Comments (0) Trackbacks (0)