
Senior Analyst, Fraud Analytics and Innovation – Digital Fraud and Scams
Bank of America
full-time
Posted on:
Location Type: Hybrid
Location: Boston • Illinois • Massachusetts • United States
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Salary
💰 $105,000 - $131,100 per year
Job Level
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