Data Protection Policy Professional

6 days ago


Étreux, Hauts-de-France, United States Bank of America Full time

Job Overview

The Data Protection Policy Professional at Bank of America plays a critical role in minimizing loss exposure and negative impacts on the customer experience. This position involves utilizing advanced analytical techniques to evaluate data and create mitigation strategies to prevent fraudulent activities.

As a Clientside Fraud Protection Policy Analyst, you will capitalize on your fraud knowledge and strategic thinking to solve business challenges and identify opportunities for improvement. You will work closely with multiple partner organizations and represent the team as a subject matter expert on fraud protection and prevention.

Main Responsibilities:

  • Analyzing large sets of raw data to recommend ways to help the business achieve desired outcomes and make informed business decisions.
  • Defining, gathering, analyzing, and interpreting data using applications and technologies to forecast future trends and communicating results and predictions to leaders and partners.
  • Developing effective monitoring and oversight to identify and mitigate Account Takeover risk.
  • Working closely with Account Takeover Strategy across Deposit, Digital, and Card products to understand limitations, identify synergies, and opportunities for improvement.
  • Conducting investigation and root cause analysis of major fraud losses and emerging trends with focus on preventing recurrence.
  • Utilizing portfolio trends to propose strategy and policy changes within segmentation structure to produce optimal results.
  • Providing project scope leadership including fraud requirements, testing, and development of strategies.
  • Expertise in risk/reward trade-off.

Requirements:

  • 5+ years in Fraud Prevention, Strategy, Risk, Policy, Operations, or a combination.
  • Experience with multiple products such as Digital (Zelle, ACH, Wires), Deposit (DDA, Checks), Cards (Credit and Debit).
  • Proficient in Fraud Management tools used by operations to work alerts and identify Fraud Risk (e.g., Flash, BASS, Lexis Nexis).
  • 2 years of experience in data analysis.
  • Intermediate Excel and PowerPoint capability.
  • Ability to identify opportunities for improvement and work autonomously with minimal direction.
  • Ability to work in a fast-paced, dynamic environment.

Compensation and Benefits:

$105,000 per annum + benefits package



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