Assistant Vice President; Consumer Product Strategy AnalystNewark, DelawareJob 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:1st shift (United States of America)Hours Per Week:40Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .
