Enterprise Fraud Recovery Analytics - Analyst III

Bank Of America Corporation Phoenix , AZ 85002

Posted 1 week ago

Job 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.

Required Skills and Experience:

  • 3-5+ years of SAS & SQL experience.

  • Excel and other applications to support large data aggregation and management.

  • Advanced data analytics in a big data environment within a risk & fraud function is ideal.

  • Experience in reporting and automation tools.

  • Data and reporting experience and attention to detail.

  • Ability to create trend reports and discuss anomalies with cross functional teams.

  • Ability to present the data and communication skills.

  • Manage, structure, and consolidate large amounts of data (building in validation to ensure accuracy).

  • Ability to collect, organize and disseminate significant amounts of information with attention to detail and accuracy.

  • Effective multi-tasker, able to manage multiple files.

Desired Skills and Experience:

  • Experience with machine learning and/or other advanced data mining technique such as Python/R/Java, etc.

  • Experience with statistical modeling techniques including matching algorithm, time-series analysis, user profiling, clustering and classification.

  • Tableau and Micro-Strategy experience a plus.

  • Knowledge of ORCIT and Ops Risk Loss Reporting is a plus.

  • Knowledge of processes, products represented by data (enables validation, resolution); Operational risk and fraud experience Data analysis experience and attention to detail.

  • Ability to work with cross functional teams.

  • Experience with financial institutions in the area of fraud analytics and risk management.

  • Exceptional written and verbal communication skills, a team player with open mind.

  • Experience with digital banking, payments and/or payment networks.

  • Experience with Fin-Tech solution vendors and/or consulting projects implementation.

  • Strong intellectual curiosity and passionate about innovation.

  • Master degree in quantitative discipline, economics, statistics or computer science desired.

Posting Date: 03/13/2019

Location: Phoenix, AZ, SOUTH MOUNTAIN BLDG, 1825 E BUCKEYE RD, Newark, DE, Deerfield I, 655 Paper Mill Rd, Jacksonville, FL, BANK OF AMERICA OFFICE PARK, 9000 SOUTHSIDE BLVD BLDG 600, Charlotte, NC, BANK OF AMERICA PLAZA, 101 S TRYON ST, Dallas, TX, DALLAS INFOMART, 1950 N STEMMONS FWY, - United States

Travel: Yes, 5% of the time

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift

Weekly Schedule: Monday

  • Friday 8:00am

  • 5:00pm

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Sas/Sql Cons Prod Strategic Analyst IV Enterprise Fraud Analytics And Forecasting

Bank Of America Corporation

Posted 2 weeks ago

VIEW JOBS 3/2/2019 12:00:00 AM 2019-05-31T00:00 Job Description: Job Description & Responsibilities: * Manage key forecasting and reporting processes across all claims products * Responsible for the day-to-day resolution of complex problems and the execution of complex transactions for a single site/business unit or smaller business unit(s), including research. Participates in the design, development and implementation of complex products, systems and services in an operations environment. * Manage projects and direct activities of a team related to special initiatives of an operations nature. Should function as the technical expert in their assigned area. Major accountabilities are based on individual expertise and capabilities. Must have in-depth understanding of the business unit's operations processes and implications on other groups within the operations function and other divisions within the company. Knowledge acquired through increasingly responsible operations analysis work. Clearly recognized as a content expert by peers. * Incumbent will be responsible for obtaining and analyzing numerous data points used for capacity planning, volume forecasting, and productivity analysis purposes. Interaction with line of business leaders and key stakeholders is critical in the production and on-going development of the reports. * Development of complex forecasting models used for capacity, volume, productivity, and inventory projections across all claim products. * Liaison between claims operations, claims forecasting team and claim inventory control tower. * Frequent executive presentations to leadership. Required Skills: * Forecasting/Analytical experience required * Bachelor degree (MBA preferred) * 5+ years of risk analysis, forecasting experience or capacity planning experience * Operational process, inventory process or process design experience * SQL/SAS Coding experience * Advanced Excel abilities * Must be able to build and maintain relationships and connections with line of business leaders and multiple stakeholders throughout the organization * Proficient in PowerPoint and Word * Strong written and oral communication skills * Executive presentation experience * Ability to manage multiple projects in a complex and rapidly-changing environment * Ability to work independently as well as part of a virtual team * Excellent time management skills Enterprise Role Overview: Responsible for performing complex analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products and the related divisions such as credit cards. While this position has no direct people management responsibilities, it does require the ability to interact with business partners both within and external to the department. This position requires being the subject matter expert on multiple business-related and technical-related topics and an ability to independently drive strategic improvements. Key functions involve owning asset quality monitoring, identifying business trends based on economic and portfolio conditions, and executing strategic enhancements. Responsible for conducting interviews, training, Card Strategy Management / Consumer Product Analysts, and mentoring less tenured analysts. Communicates business trends creates financial assessments and interprets risk analytics for senior management. Proven experience at developing technical skills of their team. Detailed knowledge of SAS / SQL, financial statements, and business processes preferred. Sound knowledge of SAS / SQL, financial statements, and business processes preferred. 5+ years Strategic Analysis experience preferred Posting Date: 03/01/2019 Location: Phoenix, AZ, SOUTH MOUNTAIN BLDG, 1825 E BUCKEYE RD, Newark, DE, Deerfield I, 655 Paper Mill Rd, - United States Travel: Yes, 10% of the time Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift Weekly Schedule: Monday-Friday 8am-5pm Bank Of America Corporation Phoenix AZ

Enterprise Fraud Recovery Analytics - Analyst III

Bank Of America Corporation