Consumer Product Strategy Analyst III - Client Protection
Company: Disability Solutions
Location: Phoenix
Posted on: April 28, 2024
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Job Description:
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!This position is not eligible for sponsorship.
Job Description:This job is responsible for performing more complex
analysis and modeling to minimize loss exposure and negative
impacts to the customer experience. Key responsibilities include
utilizing a variety of systems such as Excel, PowerPoint, Tableau,
and other relational data bases to provide analytical support on
strategies, ensure goals are met, and propose policy and procedural
changes within segmentation structures to produce optimal results.
Job expectations include evaluating data to assess potential fraud
risk and create mitigation strategies.Responsible for performing
more complex analysis and modeling for multiple products with the
goal of maximizing profits and asset growth and minimizing risk and
operating losses and/or other financial and marketing exposures.
Develops complex program models to extract data and uses multiple
databases to acquire statistical and financial data. Utilizes
portfolio trends to propose policy/procedural changes within
segmentation structure to produce optimal results. Excels at
risk/reward trade off. Build relationships with external agencies.
Participates in the rollout of company-wide pilot programs
developed as a result of programmed models. Duties primarily
include the regular use of discretion, independent judgment, the
ability to communicate with multiple levels of management and the
utilization of core leadership behaviors.The Client Protection
organization is hiring an analyst for our Fraud Prevention team.
This analyst will be responsible for the following:--- Drive
analytics to develop fraud mitigation rules, carefully striking the
balance across fraud risk, client impact, operational costs and
revenue implications--- Proactively managing fraud risk by urgently
responding to immediate threats while keeping an eye toward future
risks, vulnerabilities, and changes to the fraud landscape---
Consistently challenge the status quo to find opportunities to
develop and refine our fraud policies and procedures, working
closely with the business, operations, and policy
partnerResponsibilities:
Keywords: Disability Solutions, Surprise , Consumer Product Strategy Analyst III - Client Protection, Professions , Phoenix, Arizona
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