Sr Fraud Analyst II

Are you a highly skilled and experienced fraud analyst looking for your next challenge? Look no further than Bank of America! We are currently seeking a Sr Fraud Analyst II to join our dynamic team and help us combat financial crime and protect our customers. With a competitive salary, comprehensive benefits, and opportunities for growth and development, this role offers the perfect combination of professional fulfillment and personal satisfaction. If you have a passion for detecting and preventing fraud, a keen eye for detail, and a strong analytical mindset, we want to hear from you!

1. Conduct thorough analysis of financial transactions and customer information to identify potential instances of fraud.
2. Utilize various fraud detection tools and techniques to identify patterns and trends in fraudulent activity.
3. Collaborate with cross-functional teams, including law enforcement and other financial institutions, to investigate and resolve fraud cases.
4. Develop and implement fraud prevention strategies and recommendations based on findings from analysis.
5. Stay up-to-date on industry trends and best practices in fraud prevention and detection.
6. Communicate effectively with internal and external stakeholders to report findings and provide updates on fraud cases.
7. Maintain accurate and detailed documentation of fraud cases, investigations, and outcomes.
8. Identify and escalate high-risk or complex cases to senior management for further action.
9. Mentor and train junior analysts on fraud detection techniques and procedures.
10. Continuously monitor and assess fraud prevention systems and processes for potential improvements and make recommendations as needed.
11. Adhere to all regulatory requirements and internal policies related to fraud prevention and detection.
12. Maintain a high level of professionalism and confidentiality in handling sensitive information.
13. Participate in team meetings and contribute to the development of departmental goals and initiatives.
14. Continuously seek opportunities for professional development and growth within the company.

According to JobzMall, the average salary range for a Sr Fraud Analyst II in Richmond, VA, USA is between $70,000 and $90,000 per year. This may vary depending on the specific company, industry, and level of experience.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.