1+ months

Fraud Digital Transactions Strategy Analyst - Cons Prod Strat Analyst II/III

Charlotte, NC 28230
**Job Description:**

The Client Protection Organization is looking for an experienced analytical professional to join our team as a Fraud Digital Transactions Strategy Analyst. In this role, you will be expected to look through significant quantities of data from wires, automated payments, bill payments, P2P activity, mobile wallet payments and other digital transaction types to identify and stop fraud.

The role will be responsible for several key areas:

1. Development of new fraud strategies using analytical techniques including decision trees, random forests and other quantitative methods. Goal will be to identify and mitigate new and emerging fraud threats.

2. Identifying new sources of data (internal or vendor-provided) that can enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed. Will require close coordination with partners in Fraud Technology.

3. Optimization of existing detection strategies to determine areas where rules can be adjusted to decline fewer false positives and improve the ROI and overall performance of our fraud strategies

4. Review incoming trends and defects and make recommendations to change existing fraud rules

**Required Skills:**

+ The candidate must have intermediate to advanced knowledge of SAS and SQL.

+ Must have 2+ years of experience in analytics. Strong preference working in financial services, particularly fraud or cyber security.

+ Candidate must have a proven track record of building and deploying analytical solutions that have resulted in material financial results.

+ Ability to work in a fast-paced, dynamic environment is critical.

+ Must have exceptional organizational, project management and communications skills.

**Desired Skills:**

+ Bachelors degree is desired, preferably in a quantitative discipline such as mathematics, statistics, operations research, engineering, computer science, finance or business. Graduate degree is a plus.

+ Familiarity with other programming languages such as Python, R or Java is a plus.

+ Knowledge of data extraction tools such as Hive or HUE will be useful.

****Can be filled as Analyst II or Analyst III depending on skill set

_Enterprise Description:_

_Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. Develops complex program models to extract data and uses multiple databases to acquire statistical and financial data. Utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results. Excels at risk/reward trade off. Build relationships with external agencies. Participates in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management and the utilization of core leadership behaviors. SAS and/or MicroStrategy experience preferred; 2-5 years experience preferred._

**Posting Date** : 06/11/2019

**Location** :


Newark, DE, Deerfield I, 655 Paper Mill Rd,


Kennesaw, GA, 210 Townpark Dr NW (GA9080),


New York, NY, 50 Rockefeller Plaza (NY1050),


Fort Worth, TX, 4200 AMON CARTER BLVD (TX2980),

- United States

**Travel** : Yes, 5% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.


  • Banking / Finance
Posted: 2019-05-03 Expires: 2019-09-04

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Fraud Digital Transactions Strategy Analyst - Cons Prod Strat Analyst II/III

Bank of America
Charlotte, NC 28230

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