Consumer Product Strategy Analyst IV - Credit Abuse and First Party Fraud

Bank of America•Westlake Village, CA

2d•$95,000 - $142,000•Onsite

About The Position

This job is responsible for performing more complex analysis aimed at mitigating Credit Abuse and First Party Fraud in the Consumer and Small Business Credit Card Portfolios. Key responsibilities include applying knowledge of multiple business and technical-related topics and independently driving strategic improvements, large-scale projects, and initiatives. Job expectations include working with business counterparts within the Line of Business and partner organizations including Risk and Product teams.

Requirements

Proven analytical ability as demonstrated through 5+ years related work experience
Expertise manipulating database software and analytical/reporting tools, such as Python, SAS, SQL, Tableau
Strong working knowledge of the process and tools used for development, validation, implementation and documentation of scoring toolkits
Passionate self-starter who is highly motivated to help the organization achieve its goals and thrives in fast-paced and highly dynamic environment
Must be decisive, a team-player, client focused, creative, strategic, and be a thoughtful risk-taker
Excellent verbal and written communication skills, particularly technical writing and organizational skills
Ability to effectively document and defend model-related topics to a variety of key stakeholders, including senior leadership
A passion for learning and using data to derive trends, detect risks, and execute strategy projects
Demonstrates a strong understanding of credit risk strategies, financial drivers, and credit operations with proven problem-solving skills
Proficient in MS Office applications (Excel, PowerPoint, and Word)
Effective project management and organizational skills; ability to collaborate, manage, and expand relationships across the organization and with all levels of management

Nice To Haves

4+ years experience using database software and analytical/reporting tools, such as SAS, SQL, DB2 to access large relational data
Expertise in identifying, assessing and mitigating risk with models. Familiarity with best demonstrated model risk management practices and proficiency in regulatory frameworks
Prior experience with credit or fraud strategies and knowledge of policies for consumer and/or small business lending
Analytic work experience in support of consumer or small business lending involving the use of scoring toolkits
Prior experience in the Payments Industry
Previous Credit experience and knowledge of Credit policies and procedures is desirable
Previous experience in developing credit risk strategies or models preferred
Analytic work experience in support of consumer or small business lending
Bachelor’s degree in mathematics, statistics, computer science, engineering, economics, finance, or a related quantitative discipline
Master’s degree in Mathematics/Statistics, Economics, Engineering or related field

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
Coaches and mentors peers to improve proficiency in a variety of systems and serves as a subject matter expert on multiple business and technical-related topics
Identifies business trends based on economic and portfolio conditions and communicates findings to senior management
Supports execution of large scale projects, such as platform conversions or new project integrations by conducting advanced reporting and drawing analytics based insights