Hybrid Senior Fraud Analytics and Innovation Analyst – Device, Non Monetary

at Bank of America

• Job title: Senior Fraud Analytics and Innovation Analyst – Device, Non Monetary
• Job type: Full Time
• Experience level: Senior
• Salary: $105,000 - $131,100 per year
• Degree requirement: Bachelor's Degree
• Tech skills: SQL, Tableau
• Location requirements: Hybrid, Chicago, United States

About the role

• Fraud Analytics and Innovation Senior Analyst at Bank of America performing complex analysis to minimize fraud risk. Collaborating with cross-functional teams to improve fraud mitigation strategies.

Responsibilities

• 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 databases, 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
• Creation, implementation, and maintenance of rules and capabilities designed to detect account takeover and non-monetary fraud
• Deriving actionable insights from complex data
• Investigation and root cause analysis of major fraud losses and emerging trends
• Implementing incremental fraud mitigation controls in partnership with functional stakeholders
• Developing effective monitoring and oversight for cross-functional processes, inclusive of performance reporting and newly identified opportunities for collaboration across teams
• Working closely with internal and external partners to understand limitations and opportunities for improvement

Requirements

• 2+ years of fraud, cyber, or risk analyst experience developing and/or optimizing mitigation strategies
• 3+ years of SQL and/or SAS coding experience
• Ability to identify opportunities for improvement and work autonomously with minimal direction
• Ability to work in a fast-paced, dynamic environment

Benefits

• This role is currently benefits eligible.
• We provide industry-leading benefits.
• Access to paid time off.
• Resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.