Senior Fraud Analytics and Innovation Analyst – Financial Center Fraud Strategy

Bank of America

Financial Center Fraud Strategy Analyst utilizing data to minimize fraud loss and protect customers at Bank of America. Collaboration with various teams to develop fraud strategies and reporting.

Posted 6/26/2026full-timeChicago • Illinois, Massachusetts • 🇺🇸 United StatesSenior💰 $100,000 - $133,600 per yearWebsite

Tech Stack

Tools & technologies

SQLTableau

About the role

Key responsibilities & impact

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
Develop and implement comprehensive strategies to identify, prevent, and mitigate deposit fraud activities
Stay abreast of emerging trends and tactics to ensure the effectiveness of detection strategies
Leverage data analytics tools and techniques to analyze large datasets, identify patterns, and uncover indicators of deposit fraud activity
Develop predictive models and scoring mechanisms to prioritize potential cases
Conduct risk assessments to identify vulnerabilities in the organization’s systems and processes that may be exploited by fraudsters
Develop mitigation strategies to address these risks
Collaborate with various departments, including compliance, fraud investigations, and operations, to ensure effective coordination and information sharing
Prepare regular reports including key performance indicators, trends, and recommendations for improvement

Requirements

What you’ll need

2+ years SAS/SQL coding experience
Proficiency in framing problems and developing impactful solutions with minimal oversight
Intermediate Excel and PowerPoint capability
Excellent communication and presentation skills
Ability to interact effectively and build relationships with business partners at all levels
Experience in managing competing priorities
Advanced SAS/SQL coding ability (desired)
Fraud and/or Claims with focus on Deposit Fraud (a plus)
Understanding of advanced data analytics and modeling techniques
Functional knowledge of multiple products and/or channels (e.g. Credit, Debit, Digital, Call Center, etc.)
Bachelor's/Master's degree in a relevant field (desired)
Certification in fraud examination or risk management (desired)
Experience in the financial services industry (desired)
Familiarity with developing Tableau dashboards (desired)
Experience presenting to senior leaders (desired)
Experience with hypothesis testing and/or feature prioritization (desired)

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off
Remote work options

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

SASSQLdata analysispredictive modelingrisk assessmentfraud mitigation strategiesdata analyticshypothesis testingfeature prioritizationExcel

Soft Skills

problem framingsolution developmentcommunication skillspresentation skillsrelationship buildingpriority managementcollaboration

Certifications

fraud examination certificationrisk management certification