Fraud Analytics and Innovation Senior Analyst - Senior Fraud Control Design Analyst
About The Position
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for performing more complex analysis and modeling to minimize fraud loss exposure and negative impacts to the customer experience. Key responsibilities include utilizing a variety of systems, such as Excel, SAS, SQL, Tableau, and other relational data bases, to provide analytical support on strategies, ensure goals are met, and propose policy/procedural changes within segmentation structures to produce optimal results. Job expectations include evaluating data to assess potential fraud risk and creating mitigation strategies. This role is responsible for evaluating fraud risk and supporting the design and implementation of fraud prevention and detection controls for new products, capabilities, and strategic initiatives. Working closely with cross-functional partners, this role conducts impact assessments, develops requirements, supports solution design, and helps ensure organizational readiness for implementation. The successful candidate combines fraud risk expertise, analytical thinking, and strong partnership skills to deliver solutions that strengthen fraud controls while supporting business objectives and client experience.
Requirements
- Ability to work across organizational lines to drive results
- Ability to communicate and influence effectively at executive levels both verbal and written form
- Strong strategic thinking and problem-solving skills (ability to frame a complex problem, evaluate options, and develop a plan to address)
- Strong PowerPoint knowledge with ability to translate data into a story
- Utilizing a variety of systems, such as Excel, SAS, SQL, Tableau, and other relational data bases
- Evaluating data to assess potential fraud risk and creating mitigation strategies
- Supporting the design and implementation of fraud prevention and detection controls for new products, capabilities, and strategic initiatives
- Conducting impact assessments, developing requirements, supporting solution design, and helping ensure organizational readiness for implementation
Nice To Haves
- Proven track record of being able to drive projects from idea to execution
- Fraud, or other related risk fields experience
- Leading strategy or initiative development
- Strategy development or consulting experience
- Working knowledge of Consumer and Small Business Products
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
- 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
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
