Job Description:
About Us:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Emerging Risk Fraud Strategy Analyst
As a Client Protection Fraud Strategy Analyst, you will capitalize on your technical abilities and strategic thinking to solve business challenges and seek opportunities for improvement. New Account Opening Fraud Strategies focuses on both application-based identity theft and money mule detection during the client onboarding journey. In this role, you will spend time analyzing difficult problems to effectively manage an evolving fraud attack environment. You will develop complex defenses designed to minimize the impact to good customers while maximizing fraud loss avoidance. You will work across multiple partner organizations and represent our team as a subject matter expert. We are looking for someone with strong communication skills, sound business judgement, results oriented with a track record of thriving in a fast-paced entrepreneurial environment.
Responsible for performing more complex analysis and strategy development for client selection for card and/or deposit products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. Other responsibilities include:
• 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
• Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management and the utilization of core leadership behaviors.
Required Skills: "Must" have these skills to be minimally qualified.
• 2+ years of experience in SAS or SQL querying
• 2 years of experience in data analysis
Desired Skills:
• Bachelor's Degree, Master's Degree
• 1+ years of experience in Statistical model building
• 1+ years of decision tree development
• 1+ years of experience in market research
• 1+ years of experience in PYTHON querying
• 2+ years of experience in business analysis
• 1+ years of experience in consulting
Shift:
1st shift (United States of America)
Hours Per Week:
40