Senior Fraud Analytics & Risk Strategy Analyst

National Black MBA Association; Chicago (IL); On-site; USD 100,000 - 134,000; Full time

Job summary

Bank of America is seeking a data-driven fraud analytics professional in Chicago to minimize loss exposure and protect customers. You will leverage SAS, SQL, Excel, Tableau, and Python to support digital fraud strategies across Zelle, Wires, and BillPay, while implementing risk controls and monitoring performance.

You will develop and validate fraud variables, manage projects, and collaborate with product teams to deliver actionable insights that improve portfolio risk, profitability, and

Qualifications

• 3+ years of fraud experience and/or 2+ years of analytical experience (Payment card /Retail Bank background preferred).
• Proficient in SAS/SQL and Excel.
• Strong quantitative, critical thinking, and analytical skills.
• Ability to communicate and interact with a high degree of professionalism with executive level personnel across the business.
• Ability to work independently as well as part of a virtual team.
• Innovative mindset with the ability to challenge the status quo.
• Ability to proactively identify, analyze, and improve upon existing processes for optimization and to meet deadlines.

Responsibilities

• Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs.
• Performs 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 performance.
• Leads coordination of the production of product performance reports and updates for senior management.
• Analyze complex data to provide insights into incoming and loss trends or identify potential problems.
• Develop adhoc reporting.
• Identify process improvements and efficiencies via data analysis.
• Deliver accurate metrics related to fraud and claim activity.
• Validate the integrity and quality of data required for performing analysis.
• Partner with claims, policy, strategy, and product teams to deliver data insights and analysis that inform critical decisions and help achieve goals.

Skills

Analytical thinking

Critical thinking

Data analysis

Communication with executives

Independent work

Team collaboration

Problem solving

Innovative thinking

Data storytelling

Data-driven decision making

Education

Bachelor's degree in a quantitative discipline or related field

Tools

SAS

SQL

Excel

Tableau

Python

Job description

Bank of America is seeking a data-driven fraud analytics professional in Chicago to minimize loss exposure and protect customers. You will leverage SAS, SQL, Excel, Tableau, and Python to support digital fraud strategies across Zelle, Wires, and BillPay, while implementing risk controls and monitoring performance.

You will develop and validate fraud variables, manage projects, and collaborate with product teams to deliver actionable insights that improve portfolio risk, profitability, and