Senior Analyst – Fraud Analytics, Digital Fraud Strategies

Bank of America

Bank of America fraud analyst optimizing risk strategies for Zelle, wires, and BillPay. Analyzing fraud trends, validating data, and deploying controls to reduce losses.

Posted 8/4/2026full-timeChicago • Illinois, Massachusetts • 🇺🇸 United StatesSenior💰 $100,000 - $133,600 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in fraud analysis and mitigation strategies, utilizing advanced analytical skills and tools such as SAS, SQL, and Excel. Proven ability to communicate insights effectively to executive-level personnel and collaborate with cross-functional teams to enhance fraud prevention efforts.

Highest-signal resume keywords

Fraud AnalysisSAS ProficiencySQL ProficiencyAnalytical SkillsProject Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Fraud Strategy DevelopmentData AnalysisQuantitative AnalysisRisk Control ImplementationProcess Improvement

Soft Skills

Critical ThinkingCommunication SkillsInnovative MindsetTeam CollaborationProblem Solving

Tools & Technologies

ExcelPythonTableau

Industry Keywords

Payment CardRetail BankingFraud Risk AssessmentDigital ProductsThird-Party Fraud

Tech Stack

Tools & technologies

PythonSQLTableau

About the role

Key responsibilities & impact

Perform complex analysis and modeling to minimize fraud loss exposure and negative customer-experience impacts
Provide analytical support on fraud strategies and ensure goals are met
Propose policy and procedural changes within segmentation structures
Evaluate data to assess potential fraud risk and create mitigation strategies for Digital products including Zelle, Wires, and BillPay
Create fraud strategies and ensure proper risk controls are deployed according to best practices
Recommend mitigation efforts and ensure monitoring controls are in place
Conduct defect reviews of third-party fraud loss cases to identify strategy or procedural gaps
Track strategy performance and optimize rules on a recurring basis
Develop and validate fraud variables used in strategies
Manage projects by providing fraud requirements, testing, and strategy development
Support network mandates, Product team initiatives, and internal projects
Produce product performance reports and updates for senior management
Analyze incoming and loss trends and identify potential problems
Develop ad hoc reporting and identify process improvements through data analysis
Deliver accurate fraud and claim activity metrics
Validate data integrity and quality
Partner with claims, policy, strategy, and product teams to provide insights for critical decisions

Requirements

What you’ll need

3+ years of fraud experience and/or 2+ years of analytical experience
Payment card or retail banking background preferred
Proficient in SAS, SQL, and Excel
Strong quantitative, critical-thinking, and analytical skills
Ability to communicate professionally with executive-level personnel
Ability to work independently and as part of a virtual team
Innovative mindset and ability to challenge the status quo
Ability to identify, analyze, and improve processes to meet deadlines
Advanced analytical and quantitative skills
Basic understanding of first- and third-party fraud
Strong analytical and communication skills
Bachelor's degree in a quantitative discipline is desired
Python and Tableau experience is a plus

Benefits

Comp & perks

Affordable, competitive and flexible benefits
Physical, emotional, and financial wellness resources and support
Opportunities to learn, grow, and build a career
Paid time off
Annual discretionary incentive plan eligibility
Benefits eligibility
Workplace flexibility based on role-specific responsibilities and business needs