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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 Summary:
Responsible for performing complex analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products and the related divisions such as credit cards. While this position has no direct people management responsibilities, it does require the ability to interact with business partners both within and external to the department. This position requires being the subject matter expert on multiple business-related and technical-related topics and an ability to independently drive strategic improvements. Key functions involve owning asset quality monitoring, identifying business trends based on economic and portfolio conditions, and executing strategic enhancements. Responsible for conducting interviews, training, Card Strategy Management / Consumer Product Analysts, and mentoring less tenured analysts. Communicates business trends creates financial assessments and interprets risk analytics for senior management. Proven experience at developing technical skills of their team. Detailed knowledge of SAS / SQL, financial statements, and business processes preferred. Sound knowledge of SAS / SQL, financial statements, and business processes preferred. 5 years Strategic Analysis experience preferred
Role Responsibilities:
This opportunity encompasses identifying, developing and executing innovative, high performance strategies to mitigate inherent internal fraud risks across Consumer and Small Business Banking. Responsibilities include:
- Leveraging independent risk management acumen, business partner subject matter expertise and historical event data to recognize emerging or existing internal fraud threats
- Identifying data sources and extracting and working with large, complex datasets in a variety of environments
- Performing outlier analysis to identify high risk activities and behaviors displayed by employees that may be indicative of internal fraud
- Developing sophisticated code that will isolate aberrant patterns and behaviors to be presented to analysts for independent investigation
- Partnering with operational teammates to refine methodologies to efficiently and effectively assess suspicious activities identified by strategies
- Measuring and communicating performance and impact of internal fraud strategies
- Leading / contributing to collaborative routines that ensure optimal performance of the end to end internal fraud detection process
- Being an engaged, independent worker that is motivated by and actively contributes to team success and a positive work environment
Required Skills:
- Technical skills: proven, advanced SAS / SQL programming capabilities
- Risk management skills: ability to anticipate and proactively identify threats and analyze and solve complex problems
- Analytical skills: ability to collect and consume data from large, diverse datasets to independently develop risk control solutions
- Relationship building skills: proven track record of fostering and maintaining mutually beneficial partnerships across organizations with competing priorities
- Communication skills: ability to effectively and influentially communicate verbally and in writing at all levels within the organization
- Thought leadership: constant curiosity about transformative ways to improve our process, business outcome, workplace culture
- Ability to learn and adapt: fast-paced, dynamic environment with shifting risk landscape
- Team-first attitude: actively contribute to a welcoming workplace with positive team dynamics and a culture of trust in a geographically dispersed organization
Desired Skills:
- Expertise in additional programming languages and data environments
- Prior fraud detection experience highly desired
- Financial Center / Call Center experience/acumen
Shift:
1st shift (United States of America)
Hours Per Week:
40