Consumer Product Strategy Manager II

3 weeks ago


Boston, Massachusetts, United States Merrill Full time

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

Job Description:
This job is responsible for leading a group of team leaders and employees who develop strategies and drive analytics to understand portfolio risk, increase profitability, and optimize operational performance. Key responsibilities include setting strategic priorities for the team, identifying trends, and leading efforts to maximize risk versus return for the business unit. Job expectations include using data and analytics to solve complex problems, coaching employees, and partnering across technology, product, and risk leadership to drive performance.

Client Protection is looking for an experienced analytical leader to manage the deposit fraud strategies team. In this role, you will be responsible for fraud prevention strategies to defend the bank against first party fraud. Responsibilities will include, working across multiple lines of business; partnering with product, technology, operations, vendors, and others; responsibility for the overall first party fraud loss line; and evaluating various internally developed and vendor provided machine learning tools to maximize client experience while managing fraud most effectively.

Responsibilities:

• Establishes department-wide strategies and oversees portfolio trend analysis, forecasting, and risk/control performance.

• Leads innovation by identifying and championing large scale initiatives that improve the risk management, profitability, and control oversight of risks for the business unit.

• Identifies business trends based on economic and portfolio conditions and communicates findings to senior management.

• Coaches employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work.

• Builds and maintains strategic relationships with peers and counterparts across product, technology, and business control functions.

• Develop and implement robust first party detection strategies to safeguard the organization against financial fraud.

• Lead a team of fraud analysts in the identification, investigation, and mitigation of fraud activity.

• Collaborate with cross-functional teams to integrate fraud detection measures into existing systems and processes.

• Stay abreast of industry trends, emerging threats, and technological advancements to continuously enhance fraud prevention methodologies.

• Analyze data and conduct investigations to identify patterns, trends, and anomalies indicative of potential fraud.

• Identifying new sources of data (internal or vendor-provided) that can enrich our existing 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.

• Drive the development of new models designed to detect fraud activity.

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.
Required Skills:

• At least 8 year of experience in analysis.

• 5+ years of experience managing analytical fraud teams.

• 5+ years of experience in SAS or SQL querying.

• The candidate should be familiar with data querying techniques in SAS and SQL. Familiarity with other programming languages such as Python, R or Java. Knowledge of data extraction tools such as Hive or HUE will be useful.

• Ability to work in a fast-paced, dynamic environment is critical. Must have exceptional organizational, project management and controls environment skills.

• Outstanding critical thinking, and analytical skills.

• Proven communication skills in describing complex issues to inform strategic insights and decision.

• Ability to present, lead, support, and influence senior management and business stakeholders.

• Innovation mindset with the ability to challenge the status quo.

• Leadership and management skills, including development of teams and individuals.

Desired Skills:

• Fraud decision engine management experience highly preferred.

• Strong preference prior experience working in financial services, particularly fraud or cyber security.

Skills:

Analytical ThinkingBusiness AnalyticsData MiningFraud ManagementBusiness Process AnalysisCritical ThinkingInfluenceRelationship BuildingStrategy Planning and DevelopmentBusiness Case AnalysisIssue ManagementLeadership DevelopmentProcess Performance MeasurementRecruiting
Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Boston, Massachusetts, United States True Fit Corporation Full time

    Who We AreTrue Fit is the industry's leading consumer experience platform leveraged by apparel and footwear retailers to decode fit and size and connect shoppers with only what they love. It has organized and connected the broadest footwear, apparel and consumer data in the world to provide best in class fit recommendations covering the industry's brands and...

  • Senior Product anager

    3 weeks ago


    Boston, Massachusetts, United States M Full time

    M.Gemi, headquartered in Boston, MA along with offices in New York and Florence, Italy is redefining the luxury products industry by leveraging the uniqueness of Italian manufacturing combined with a technology and data driven predictive supply chain engine. By challenging the long standing design and manufacturing process, we are delivering new products to...


  • Boston, Massachusetts, United States Merge World Full time

    Merge Storytelling and TechnologyMERGE promotes health, wealth and happiness in the world by merging storytelling with technology and offers marketing and technology clients full-service capabilities including strategy, creative communications, experience engineering, performance marketing, media and digital platform development. MERGE has enduring client...


  • Boston, Massachusetts, United States Boston, MA Full time

    # Bilingual Paralegal – Bankruptcy and Consumer ## POSITION SUMMARY Volunteer Lawyers Project (VLP) seeks a motivated and committed Bilingual Paralegal to provide administrative and legal support to its Bankruptcy and Consumer Unit. This role will support the organization's attorneys as well as the pro bono panel in all aspects of the legal and...


  • Boston, Massachusetts, United States Pison Full time

    As the Vice President of Product Software at Pison Technology, you will lead the engineering teams developing the product software that powers our breakthrough consumer and wellness products. Leveraging electroneurography (ENG) and artificial intelligence, you will oversee the development of software that enables users to provide real-time insights into the...


  • Boston, Massachusetts, United States Crayon Full time

    About CrayonCrayon's competitive intelligence platform enables businesses to track and analyze everything outside their four walls, and activate that competitive intel within their organizations to drive business impact. Named an industry leader by Forrester, G2, and the Product Marketing Alliance, Crayon is trusted by hundreds of leading businesses to...


  • Boston, Massachusetts, United States Forsyth Barnes Full time

    This is an exciting opportunity to work with one of the top Retail brands in the US. As the Senior Manager, Analytics you will lead a small team of Analysts with a view to grow out the scope of the team as projects being to get traction.As an organization they are consumer first and keen to take a deeper dive into the core products they provide with an...

  • Community Manager

    7 days ago


    Boston, Massachusetts, United States NetVirta Full time

    NetVirta is in the business of satisfying the world's desire for better-fitting products. Since our MIT origins in 2008, we've partnered with medical professionals to provide patients with custom-fit orthotics, sporting goods brands to equip NFL & NCAA players with custom-fit helmets, and fashion brands like Victoria's Secret to ensure shoppers are happy...


  • Boston, Massachusetts, United States NewStore Full time

    NewStore is the essential omnichannel store solution for global brands. The company delivers Omnichannel-as-a-Service with the first platform combining POS, order management, clienteling, and inventory. Store operations from endless aisle to mobile checkout to fulfillment are possible with just two remarkably intuitive iPhone apps. NewStore customers include...

  • Community Manager

    2 weeks ago


    Boston, Massachusetts, United States Pison Full time

    Pison is developing breakthrough consumer and healthcare products that are harnessing the power of the mind. We've pioneered the science of electroneurography (ENG) to non-invasively sense, analyze, and apply electrical signals coming from the brain. Our neural biosensor and artificial intelligence software are opening a new window to thousands of new,...


  • Boston, Massachusetts, United States NetVirta Full time

    NetVirta is in the business of satisfying the world's desire for better-fitting products. Since our MIT origins in 2008, we've partnered with medical professionals to provide patients with custom-fit orthotics, sporting goods brands to equip NFL & NCAA players with custom-fit helmets, and fashion brands like Victoria's Secret to ensure shoppers are happy...


  • Boston, Massachusetts, United States Mercury Business Services Full time

    Senior Product DesignerWe are on the search for a self-motivated, highly-driven Senior Product Designer to work with a talented team of designers, product managers and engineers to execute on our product roadmap and level-up our digital products. As a product designer, you will be responsible for conducting user research, creating UX flows, prototypes, and...


  • Boston, Massachusetts, United States Foundation Medicine Full time

    About the JobThe Scientist II, Computational Biology will work as part of a new product team, focused on improving blood-based cancer diagnostic capabilities in areas such as cancer detection, minimum residual disease, and other related applications. This team is comprised of talent from across the Roche ecosystem, including Roche Diagnostics, Roche Pharma...

  • Product Design Lead

    2 weeks ago


    Boston, Massachusetts, United States Wanderu Full time

    At Wanderu, we are revolutionizing ground travel search not only in North America but across the globe. Our mission is to facilitate seamless travel between any two destinations, with a particular focus on ground and multimodal travel, such as buses and trains. As a pioneer in the industry, we offer an unparalleled opportunity to be part of an exhilarating,...


  • Boston, Massachusetts, United States AmTrust Financial Services, Inc. Full time

    OverviewUnder Moderate Supervision, builds, analyzes, and interprets data and market insights that drive and support profit and growth strategies for a line of business or segment. The position will provide detailed analysis of production and profit data, competitor behaviors, marketplace dynamics, pricing segmentation and UW analytics to monitor and...


  • Boston, Massachusetts, United States Joslin Diabetes Center Full time

    Under moderate supervision -with advanced proficiency- The Administrative Assistant II will provide administrative assistance and support to faculty members of the Research Division, the Manager of Administrative Services and respective lab personnel. Provide administrative assistan


  • Boston, Massachusetts, United States AmTrust Financial Services, Inc. Full time

    OverviewThis individual will support the Property line of business including P&L analysis, CAT management, and evaluating underwriting guidelines. Under moderate supervision, builds, analyzes, and interprets data and market insights that drive and support profit and growth strategies for a line of business or segment. The position will provide detailed...


  • Boston, Massachusetts, United States Takeda Full time

    By clicking the "Apply" button, I understand that my employment application process with Takeda will commence and that the information I provide in my application will be processed in line with Takeda's Privacy Notice and Terms of Use. I further attest that all information I submit in my employment application is true to the best of my knowledge.Job...


  • Boston, Massachusetts, United States Boston Medical Center (BMC) Full time

    POSITION SUMMARY:The Financial Analyst provides analytical support to the cash management, capital and financing decisions made by the Department Chair, Directors, Management and the Finance Department. Assists in the development of the annual operating budget, prepares weekly and monthly statistical reports, and supports hospital department managers to...


  • Boston, Massachusetts, United States Foundation Medicine Full time

    About the JobThe Associate Director, Lifecycle Product Development leads the product development strategy and implementation of a designated product or portion of the clinical product portfolio at the direction of the Portfolio Lifecycle Development lead. The position is responsible for directing the strategy, ideation, releases and features of the...