Bank of America
Consumer Product Strategy Analyst III - Fraud Payment Card Strategies
Bank of America, Queens Village, New York, United States,
Consumer Product Strategy Analyst III - Fraud Payment Card Strategies
Phoenix, Arizona;
Belfast, Maine;
Plano, Texas;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!Job Description:This job is responsible for performing more complex analysis and modeling to minimize 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 databases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results. Job expectations include evaluating data to assess potential fraud risk and create mitigation strategies.Responsibilities:Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputsPerforms 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 performanceLeads coordination of the production of product performance reports and updates for senior managementThis position is not eligible for sponsorship.Required Qualifications:Risk analysis, strategy development, or related experienceBasic understanding of 1st and 3rd party fraud, scams and/or mulesSQL/SAS Coding knowledge and/or experienceAbility to build and maintain relationships with line of business leaders and multiple stakeholders throughout the organizationStrong written and oral communication skillsAbility to manage multiple projects in a complex and rapidly-changing environmentAbility to work independently as well as part of a teamIntellectually curious and willing to dive into complete issues/problems and solveDesired Qualifications:3+ years of risk analysis, strategy development, or related experience.3+ years of SQL/SAS Coding experience.2+ years of fraud/fraud detection experience and/or 2+ years of analytical/financial experience (Payment card/Retail Bank Finance background preferred)Proven track record of building and deploying Fraud process and control changesBachelor’s degree, ideally in a quantitative discipline such as mathematics, statistics, economics, business, engineering, finance or operations researchExperience with Python and usage of more advanced analytical, visualization and data extraction tools (H2O, HUE, Pig, Spark, Hive, Tableau) is strongly preferred.Skills:Business AnalyticsData Quality ManagementMonitoring, Surveillance, and TestingOral CommunicationsProblem SolvingAnalytical ThinkingCritical ThinkingData and Trend AnalysisInnovative ThinkingResearchShift:1st shift (United States of America)
Hours Per Week:40
Pay Transparency details:Pay range $79,700.00 - $118,900.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. 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.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note:
Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.
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Phoenix, Arizona;
Belfast, Maine;
Plano, Texas;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!Job Description:This job is responsible for performing more complex analysis and modeling to minimize 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 databases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results. Job expectations include evaluating data to assess potential fraud risk and create mitigation strategies.Responsibilities:Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputsPerforms 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 performanceLeads coordination of the production of product performance reports and updates for senior managementThis position is not eligible for sponsorship.Required Qualifications:Risk analysis, strategy development, or related experienceBasic understanding of 1st and 3rd party fraud, scams and/or mulesSQL/SAS Coding knowledge and/or experienceAbility to build and maintain relationships with line of business leaders and multiple stakeholders throughout the organizationStrong written and oral communication skillsAbility to manage multiple projects in a complex and rapidly-changing environmentAbility to work independently as well as part of a teamIntellectually curious and willing to dive into complete issues/problems and solveDesired Qualifications:3+ years of risk analysis, strategy development, or related experience.3+ years of SQL/SAS Coding experience.2+ years of fraud/fraud detection experience and/or 2+ years of analytical/financial experience (Payment card/Retail Bank Finance background preferred)Proven track record of building and deploying Fraud process and control changesBachelor’s degree, ideally in a quantitative discipline such as mathematics, statistics, economics, business, engineering, finance or operations researchExperience with Python and usage of more advanced analytical, visualization and data extraction tools (H2O, HUE, Pig, Spark, Hive, Tableau) is strongly preferred.Skills:Business AnalyticsData Quality ManagementMonitoring, Surveillance, and TestingOral CommunicationsProblem SolvingAnalytical ThinkingCritical ThinkingData and Trend AnalysisInnovative ThinkingResearchShift:1st shift (United States of America)
Hours Per Week:40
Pay Transparency details:Pay range $79,700.00 - $118,900.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. 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.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note:
Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.
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