Strategic Consumer Product Analyst IV-Client Protection

4 weeks ago


Belfast, Maine, United States Bank of America Full time
Job Description:

At Bank of America, we are committed to helping our customers achieve their financial goals through responsible growth. As a Strategic Consumer Product Analyst IV-Client Protection, you will play a critical role in driving business success by analyzing complex financial models, market data, and portfolio trends to improve portfolio risk, profitability, performance forecasting, and operational performance.

Key Responsibilities:
  • Perform advanced analysis of financial models, market data, and portfolio trends to identify business trends and communicate findings to senior management.
  • Coach and mentor peers to improve proficiency in various systems and serve as a subject matter expert on multiple business and technical-related topics.
  • Support the execution of large-scale projects, such as platform conversions or new project integrations, by conducting advanced reporting and drawing analytics-based insights.
Requirements:
  • MBA or graduate-level work in finance, accounting, or business management is preferred.
  • Advanced analytical and quantitative skills with demonstrated ability in using data and metrics to identify root causes.
  • Basic understanding of 1st and 3rd party fraud (claims to charge-off timing, chargeback recovery rights, etc.).
  • Proven strong analytical and communication skills.
  • Experience in coaching/mentoring.
  • Strong financial knowledge and understanding of fraud loss drivers.
  • Strong knowledge of programming languages (i.e., SAS or SQL) and experience with e-Ledger and Enterprise GL tools (EPM).
  • Intermediate to Expert proficiency in Excel.
Desired Qualifications:
  • 5+ years of fraud experience and/or 5+ years of analytical/financial experience (Payment card/Retail Bank Finance background preferred).
  • Outstanding quantitative, critical thinking, and analytical skills.
  • Confidence with finance and accounting concepts.
  • Ability to work with and communicate effectively with others, demonstrate leadership, and possess strong interpersonal skills.
  • Ability to communicate and interact with a high degree of professionalism with executive-level personnel across the business.
  • 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.
  • Ability to prioritize and handle multiple projects at the same time.
  • Ability to proactively identify, analyze, and improve upon existing processes for optimization and to meet deadlines.
  • Experience leading teams.
Skills:
  • Analytical Thinking
  • Business Analytics
  • Data and Trend Analysis
  • Fraud Management
  • Problem Solving
  • Collaboration
  • Innovative Thinking
  • Monitoring, Surveillance, and Testing
  • Presentation Skills
  • Risk Management
  • Data Visualization
  • Interpret Relevant Laws, Rules, and Regulations
  • Issue Management
  • Oral Communications
  • Written Communications
Minimum Education Requirement:

Bachelor's degree or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week:

40


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