Fraud Analytics and Innovation Senior Analyst (Financial Center Fraud Strategy)
Not Disclosed•Full-TimeOn-site
location_onCuster Road, Plano, Collin County, Texas, 75023, United States
About Bank of America
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We drive Responsible Growth by delivering for our clients, teammates, communities, and shareholders every day. Being a Great Place to Work is core to how we achieve this, including our commitment to an inclusive workplace, developing exceptional talent, and supporting our teammates' wellness.
We are committed to an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility based on role-specific considerations. Internal employees currently working from home are eligible to apply; however, selected candidates may be required to work onsite in accordance with our workplace excellence policy.
About the Role
As a Financial Center Fraud Strategy Analyst within the Client Protection organization, you will leverage your technical expertise and strategic thinking to solve complex business challenges. The Financial Center Fraud team focuses on detecting and preventing criminals who impersonate customers and attempt to steal funds at the teller counter.
In this role, you will join a dedicated team of fraud professionals committed to stopping criminal activity and protecting our customers. You will analyze complex and rapidly evolving fraud problems, working to stay one step ahead of emerging tactics. Your mission is to design and optimize sophisticated fraud defenses that minimize customer impact while maximizing loss avoidance. You will collaborate across multiple partner organizations and represent the team as a subject matter expert, thriving in a fast-paced, highly adaptive environment.
Culture & Opportunity
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. We recognize and reward performance, and we are dedicated to making a difference in the communities we serve. This role offers the chance to work with industry-leading benefits and resources that support your ability to contribute to the sustainable growth of our business.
Important Notice
This position is not eligible for sponsorship. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Work location
Work model: On-site
Custer Road, Plano, Collin County, Texas, 75023, United States
Plano, Texas
Key Responsibilities
- check_circlePerform complex analysis of financial models and portfolio trends to improve risk and profitability
- check_circleUtilize Excel, SAS, SQL, and Tableau to provide analytical support on fraud strategies
- check_circlePropose policy and procedural changes within segmentation structures to optimize results
- check_circleDevelop and implement comprehensive strategies to identify and prevent deposit fraud activities
- check_circleConduct risk assessments to identify vulnerabilities in systems and processes exploited by fraudsters
- check_circleCollaborate with compliance, fraud investigations, and operations departments to ensure effective coordination
- check_circlePrepare regular reports including key performance indicators, trends, and recommendations for senior management
- check_circleEvaluate data to assess potential fraud risk and create mitigation strategies
Requirements
- verified2+ years SAS/SQL coding experience
- verifiedIntermediate Excel and PowerPoint capability
- verifiedBachelor's/Master's degree in a relevant field
- verifiedNot eligible for sponsorship
Nice to Have
Advanced SAS/SQL coding ability. Fraud and/or Claims experience with a focus on Deposit Fraud. 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. Certification in fraud examination or risk management. Experience in the financial services industry. Familiarity with developing Tableau dashboards. Experience presenting to senior leaders. Experience with hypothesis testing and/or feature prioritization.
Benefits & Perks
check_circleAccess to paid time offcheck_circleEligibility for annual discretionary incentive plan based on performance
