Bank of America Fraud Strategy - Consumer Product Strategy Analyst III in Jacksonville, Florida

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. SAS and/or MicroStrategy experience preferred; 2-5 years experience preferred.

Responsibilities include:

The primary goals are to ensure adequate controls are in place to mitigate Mortgage, Home Equity and/or Consumer Vehicle Lending fraud, and lead efforts to minimize exposure as fraud activities are identified. This would include understanding the source and accounting to reduce fraud levels for all channels.

The candidate will:

• Participate in origination fraud strategies including assessment and testing of tools

• Understand fraud type trends, drivers, operational impact on fraud losses and financial impact and accounting of fraudulent transactions

• Work with business partners to manage impact and communications on key fraud events

• Participate in enterprise-wide fraud initiatives to ensure fraud risks are addressed

• Develop key management reports on fraud risks and initiatives

Required Skills:

• 2+ years’ experience within Mortgage, Home Equity and/or Consumer Vehicle Lending

• Advanced experience with SQL

• 5+ years’ experience with SSRS

• 5+ years’ experience with SQL Server, including stored procedures and DTS packages

• Detail oriented with strong analytical and organization skills

• Ability to influence without direct authority

• Initiative and ability to work independently on a time sensitive basis, managing multiple priorities

• Able to digest complex issues and develop creative solutions

• A high impact person who exhibits forward thinking, promotes team effort and demonstrates initiative

• Strong oral and written communication skills

Desired Skills:

• Fraud experience and application of Fraud channel knowledge

• Six Sigma Training a plus (Black or Green belt certified)

Posting Date : 06/26/2018

Location :

Phoenix, AZ, MCDOWELL BLDG, 1825 E Buckeye Rd,

Westlake Village, CA, 31303 AGOURA RD (CA6917),

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



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

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