Bank of America

Senior Analyst, Fraud Analytics and Innovation – Digital Fraud and Scams

Bank of America

full-time

Posted on:

Location Type: Hybrid

Location: BostonIllinoisMassachusettsUnited States

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Salary

💰 $105,000 - $131,100 per year

Job Level

Tech Stack

About the role

  • Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance
  • Utilizes a variety of systems, such as Excel, SAS, SQL, Tableau, and other relational data bases, to provide analytical support on strategies, ensure goals are met
  • Evaluates data to assess potential fraud risk and creating mitigation strategies
  • Proposes policy/procedural changes within segmentation structures to produce optimal results
  • Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs
  • Leads the coordination of the production of product performance reports and updates for senior management
  • Responsible for performing more complex analysis and strategy development for multiple money movement products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures
  • Develops complex program models to extract data and uses multiple databases to acquire statistical and financial data
  • Support biometrics capability enhancements and strategy design
  • Build and develop logic for strategy
  • Utilizes portfolio trends to propose strategy and policy changes within segmentation structure to produce optimal results
  • Role would also include project scope leadership where candidate would be responsible for providing fraud requirements, testing, and development of strategies
  • Excels at risk/reward trade off
  • Participates in the rollout of leading-edge machine learning technology

Requirements

  • 2+ years of analytical experience
  • 1 year experience with SAS/SQL and Excel
  • Strong quantitative, critical thinking, and analytical skills
  • Ability to communicate and interact with a high degree of professionalism with executive level personnel across the business
  • Ability to work independently as well as part of a virtual team
  • Innovative mindset with the ability to challenge the status quo
  • Ability to proactively identify, analyze, and improve upon existing processes for optimization and to meet deadlines
Benefits
  • Industry-leading benefits
  • Access to paid time off
  • Resources and support to contribute to sustainable growth
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial analysisdata analysisprogram modelingfraud risk assessmentstrategy developmentperformance forecastingquantitative analysismachine learning
Soft Skills
critical thinkingcommunicationprofessionalismindependenceteam collaborationinnovationprocess optimization