Fraud Analytics and Innovation Leader - Digital Fraud Strategy

Bank of America; Town of Newark (WI); Hybrid; USD 110,000 - 170,000; Full time

Job summary

Bank of America is seeking a Fraud Project and Strategy Program Manager to lead digital money movement fraud prevention initiatives. You will coordinate cross-functional teams across product, technology, operations and legal to design and deliver strategic defenses.

The role emphasizes stakeholder management, data-driven analysis, and coaching of analysts, with a focus on reducing fraud losses while preserving a positive customer experience.

Qualifications

• Experienced program leader in fraud strategy and project delivery.
• Strong stakeholder management within financial services.
• Proven ability to coordinate cross-functional teams and drive results.
• Demonstrated data-driven analysis and decision making in fraud risk.

Responsibilities

• Supports department-wide strategies and portfolio trend analysis, forecasting, and risk/control performance
• Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for their business unit
• Identifies business trends based on economic and portfolio conditions and communicates findings to senior management
• Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work
• Maintains strategic relationships with peers and counterparts across product, technology, and business control functions
• Project Planning and Execution: Develop and execute project plans to enhance our digital money movement fraud & scam prevention capabilities. Coordinate tasks, timelines, and resources to ensure successful project delivery.
• Stakeholder Management: Work closely with cross-functional teams, including fraud analysts, investigators, technology, legal, compliance, and external partners, to achieve project objectives

Skills

Project management

Stakeholder management

Data analytics

Fraud prevention

Cross-functional teamwork

Communication skills

Risk management

Strategic planning

Job description

Job Description:

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!

Job Summary:

This job is responsible for managing a group of employees who perform strategic analysis to understand portfolio risk, increase profitability, and optimize operational performance. Key responsibilities include determining strategic priorities for the team, identifying trends, and leading efforts to maximize risk versus return for the business unit. Job expectations include using data and analytics to solve complex problems, coaching and developing employees, and partnering across technology, product, and risk leadership to drive performance.

Client Protection is looking for an experienced program leader to join the digital commerce fraud strategy team. This is an exciting opportunity given the constantly evolving nature of digital adoption and attacks in marketplace as well as in money movement. The incumbent will be responsible for leading / driving / supporting / playing point for fraud and scam strategy on all projects for various products and channels in digital money movement. Responsibilities will include, working across multiple lines of business; partnering with product, technology, operations, vendors, and others; evaluating various project designs to maximize client experience while managing fraud most effectively. As a Fraud Project and Strategy Program Manager with the Client Protection organization, you will capitalize on technical abilities and strategic thinking to solve business challenges and seek opportunities for improvement. In this role, you will be responsible for coordinating and executing projects aimed at preventing and mitigating digital money movement fraud risks. The ideal candidate will have a proven track record of successful project delivery, stakeholder management, and collaboration within the financial services industry. You will join a team of fraud professionals who are dedicated to stopping criminals and protecting customers. You will develop strategic defenses designed to minimize the impact to good customers while maximizing fraud loss avoidance. You will work across multiple partner organizations and represent our team as a subject matter expert. We are looking for someone with strong communication skills, sound business judgement, results oriented with a track record of thriving in a fast-paced entrepreneurial environment.

Responsibilities:

The role will be responsible for several key areas:

Supports department-wide strategies and portfolio trend analysis, forecasting, and risk/control performance

Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for their business unit(s)

Identifies business trends based on economic and portfolio conditions and communicates findings to senior management

Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work

Maintains strategic relationships with peers and counterparts across product, technology, and business control functions

Project Planning and Execution: Develop and execute project plans to enhance our digital money movement fraud & scam prevention capabilities. Coordinate tasks, timelines, and resources to ensure successful project delivery.

Stakeholder Management: Work closely with cross-functional teams, including fraud analysts, investigators, technology, legal, compliance, and external partners, to achieve project objectives