Assistant Vice President; Consumer Product Strategy Analyst

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Responsibilities

• Identify opportunities for new fraud strategy development or optimization of existing rules using statistical and analytical techniques to balance effectiveness, coverage, customer experience and resource constraints.

• Partner with technology and business partners to implement new technology and new products, ensuring fraud risks are controlled.

• Identify new sources of data (internal or vendor‐provided) that enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed.

• Perform analysis of our fraud models to assess performance and effectiveness and making recommendations to continue using or redeveloping these models.

• Work on the development of both ad‐hoc and more standardized reporting (MIS).

• Utilize database software and analytical/reporting tools, such as Python, SAS, SQL, DB2, and Tableau.

• Work with processes and tools such as SAS Fraud Management and other analytical software that are used for development, validation, implementation, and documentation of credit risk and/or fraud business strategies and scoring toolkits.

• Analyze risk strategies, financial drivers, and credit/fraud operations by utilizing SAS, SQL, Excel and Tableau.

• Summarize large data sets of data and design customized reports using Tableau to share with senior management.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Master's degree or equivalent in Statistics, Mathematics, Business Analytics and Project Management, or related; and

• 3 years of experience in the job offered or a related quantitative occupation.

• Must include 3 years of experience in each of the following:

• Utilizing database software and analytical/reporting tools, such as Python, SAS, SQL, DB2, and Tableau;

• Working with processes and tools such as SAS Fraud Management and other analytical software that are used for development, validation, implementation, and documentation of credit risk and/or fraud business strategies and scoring toolkits;

• Analyzing risk strategies, financial drivers, and credit/fraud operations by utilizing SAS, SQL, Excel and Tableau; and,

• Summarizing large data sets of data and design customized reports using Tableau to share with senior management.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer: Bank of America N.A.

Shift:

Hours Per Week: