Fraud Analytics & Innovation Senior Analyst

National Black MBA Association; Chicago, Northern (IL, KY); Hybrid; USD 100,000 - 134,000; Full time

Benefits offered by this job

Benefits eligible

Discretionary incentive plan

Onsite in Chicago

Job summary

Bank of America in Chicago is seeking a Fraud Analytics professional to perform complex analysis and modeling to minimize fraud loss and improve customer experience. You will use Excel, SAS, SQL, Tableau and relational databases to support strategies and policy changes.

The role focuses on Account Takeover risk, data analysis, and partnering with cross-functional teams to close gaps and drive loss reduction. Onsite in Chicago with competitive benefits.

Qualifications

• 2+ years fraud experience developing or optimizing mitigation strategies.
• 2+ years SQL and/or SAS coding experience.
• Ability to work autonomously in a fast-paced environment.
• Excellent communication and stakeholder engagement skills.

Responsibilities

• Creation, implementation, and maintenance of rules to detect account takeover and fraud
• Deriving actionable insights from complex data
• Investigation and root cause analysis of major fraud losses
• Developing monitoring and oversight for cross-functional processes
• Collaboration with internal and external partners to improve controls
• Producing product performance reports for senior management

Skills

Analytical thinking

Problem solving

Attention to detail

Fast-paced adaptability

Education

Bachelor’s degree in Computer Science, Data Science, Statistics or related field

Advanced degree in Computer Science, Data Science, Statistics, or related field

Tools

SQL

SAS

Python

Tableau

Hadoop Impala/Hive

Job description

Bank of America in Chicago is seeking a Fraud Analytics professional to perform complex analysis and modeling to minimize fraud loss and improve customer experience. You will use Excel, SAS, SQL, Tableau and relational databases to support strategies and policy changes.

The role focuses on Account Takeover risk, data analysis, and partnering with cross-functional teams to close gaps and drive loss reduction. Onsite in Chicago with competitive benefits.