Consumer Product Strategy Manager II

1 month ago

Charlotte, North Carolina, United States Bank of America Corporation 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 Summary

Manages a group of team leaders and analysts that are responsible for performing strategic analysis to improve portfolio risk, profitability, performance forecasting/analysis and operational performance. This position requires Fraud specific technology capabilities, Fraud data management, Fraud ecosystem knowledge, and interaction across multiple business partners to aide in determining key priorities and project direction for their team. Key functions involve coordinating asset quality monitoring for senior management, identifying trends based on economic and portfolio conditions, and recommending strategic enhancements to maximize the risk vs. reward tradeoff for the business unit. Establishes department-wide vision and oversees the analysis of criteria margins, model score development, forecasting, portfolio trends, and demographic performance. Integrates the analysis with other corporate units to ensure alignment with business and corporate objectives. Responsible for making hiring decisions and training Analysts and Managers. Creates business partnerships across the enterprise and demonstrates an aptitude of assessing financial performance and interpreting analytics. 7+ years Fraud Data/Reporting Management experience preferred.

Responsibilities
  • Design & execution of end-to-end Fraud ecosystem reporting framework and capabilities roadmap with focus on multilayer data parsing to provide product and horizontal insights.
  • Develop compelling vision and data driven business cases for transformation initiatives. Lead efforts to prioritize investments in digital ID verification capabilities for new applications.
  • Partner across organizational lines, build and maintain a coalition of executive leaders and process owners, to develop and drive the digital agendas.
  • Facilitate regular routines for stakeholders and senior executives.
  • Partner across organization to drive prioritization and support funding of key ID verification initiatives in new accounts space.
  • Review/approve proposed policy and process changes (in line with broader enterprise and channel governance processes).
  • Stay current on industry trends and new, emerging technology to support seamless transitions, with stronger controls.
Required Skills
  • 7 - 10 years of prior experience in leading Fraud technology, Fraud data management, Fraud Analytics, policies, Cyber Forensics, and initiative development.
  • Proven track record of leading Agile Innovation development programs being able to drive projects from idea to execution
  • Strong strategic thinking and problem-solving skills (ability to frame a complex problem, evaluate options, and develop a plan to address)
  • Ability to work across organizational lines to drive results
  • Ability to influence effectively at executive levels
Desired Skills
  • 4 Year college degree preferred
Skills
  • Analytical Thinking
  • Business Analytics
  • Data Mining
  • Fraud Management
  • Business Process Analysis
  • Critical Thinking
  • Influence
  • Relationship Building
  • Strategy Planning and Development
  • Business Case Analysis
  • Issue Management
  • Leadership Development
  • Process Performance Measurement
  • Recruiting
Shift

1st shift (United States of America)

Hours Per Week

40

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