Senior Fraud Analytics & Innovation Analyst

Bank of America; Charlotte (NC); On-site; USD 100,000 - 134,000; Full time

Job summary

Bank of America is hiring a fraud analyst in Chicago to perform complex analysis and modeling to minimize fraud loss and protect the customer experience. You will use Excel, SAS, SQL, Tableau, and relational databases to support strategies, measure goals, and propose policy changes within segmentation structures for optimal results.

The role focuses on Account Takeover risk, supporting the Fraud Prevention and Detection organization, and collaborating with cross-functional teams to close process

Qualifications

• 2+ years of fraud experience developing and/or optimizing mitigation strategies.

Responsibilities

• Creation, implementation, and maintenance of rules to detect account takeover and non-monetary fraud.
• Deriving actionable insights from complex data.
• Investigation and root cause analysis of major fraud losses and emerging trends.
• Implementing incremental fraud mitigation controls with stakeholders.
• Developing monitoring and oversight for cross-functional processes and reporting.

Skills

Analytical thinking

Fraud analysis

Problem solving

Communication

Data interpretation

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

Tableau

Excel

SQL

SAS

Python

Hadoop Impala/Hive

Job description

Bank of America is hiring a fraud analyst in Chicago to perform complex analysis and modeling to minimize fraud loss and protect the customer experience. You will use Excel, SAS, SQL, Tableau, and relational databases to support strategies, measure goals, and propose policy changes within segmentation structures for optimal results.

The role focuses on Account Takeover risk, supporting the Fraud Prevention and Detection organization, and collaborating with cross-functional teams to close process