Senior Fraud Analytics & Strategy Analyst

Hobbsnews; Plano (TX); On-site; USD 100,000 - 134,000; Full time

Job summary

Bank of America is seeking a skilled Fraud Analytics professional to minimize fraud loss exposure and enhance customer experience. You will leverage SAS/SQL, Excel, Tableau, and Python to develop strategies, evaluate data, and implement risk controls across digital products like Zelle, Wires, and BillPay.

You will create and validate fraud variables, monitor strategy performance, and manage projects including requirements, testing, and development of strategies.

Qualifications

• Required: 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 professionally 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 existing processes for optimization and deadlines.

Responsibilities

• Recommends ways to help the business achieve desired outcomes and make informed 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, 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

Fraud Management

Data Visualization

Data Quality Management

Monitoring, Surveillance, and Testing

Collaboration

Oral Communications

Written Communications

Analytical Thinking

Critical Thinking

Data and Trend Analysis

Innovative Thinking

Research

Education

Bachelor's degree in a quantitative discipline such as mathematics, statistics, operations research, finance, or business

Tools

SAS

SQL

Excel

Tableau

Python

Job description

Bank of America is seeking a skilled Fraud Analytics professional to minimize fraud loss exposure and enhance customer experience. You will leverage SAS/SQL, Excel, Tableau, and Python to develop strategies, evaluate data, and implement risk controls across digital products like Zelle, Wires, and BillPay.

You will create and validate fraud variables, monitor strategy performance, and manage projects including requirements, testing, and development of strategies.