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Assistant Manager

Bank of America
Mumbai, IND
Full-time
Mid-Senior
Onsite
Discovered 1 months ago
Fraud analyticsFraud detection strategiesStatistical analysisDecision treesRandom forestsSAS

Full Job Posting

Role overview

Bank of America’s Global Business Services organization is expanding its Strategies, Analytics and Process Integration team in India.

The team focuses on improved fraud detection and loss reduction.

The role is an experienced analytical position focused on identifying and stopping fraud using data from multiple sources.

Responsibilities

  • Develop fraud strategies using statistical and analytical techniques, including decision trees, random forests, and other quantitative methods.
  • Identify internal and vendor-provided data sources to enrich fraud detection and decision systems.
  • Coordinate with Fraud Technology partners on new data and detection strategies.
  • Optimize detection strategies to reduce false positives and improve return on investment and performance.
  • Develop ad hoc and standardized MIS reporting.
  • Work across credit card, debit card, deposit, check, reporting, account takeover, and digital products.

Required experience and capabilities

  • 2–5 years of relevant experience using SAS and SQL for data analytics.
  • Advanced to expert-level capability in SAS and SQL.
  • Strong analytics experience and the ability to build or deploy analytical solutions.
  • Strong organizational, project management, and communication skills.

Preferred qualifications

  • An advanced degree, preferably in statistics, mathematics, computer science, or engineering.
  • U.S. financial services experience.
  • Experience in fraud, compliance, risk, or cybersecurity.
  • Technical certification in SAS or SQL.
  • Familiarity with Python, R, Java, Hive, or HUE.
  • A proven record of analytical solutions producing material financial results.
  • A bachelor’s degree in a quantitative discipline; a postgraduate degree is a plus.

Work timings

  • Listed work timings are 11:30 AM to 8:30 PM and 12:30 AM to 9:30 PM.

Job location and workplace

  • The listed job locations are Mumbai, Chennai, and Gift.
  • Bank of America describes an in-office culture with clear in-office expectations and role-specific flexibility.

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