Sr Fraud Analyst II
At Bank of America, we are committed to protecting our customers and their assets from fraudulent activity. That's why we are seeking a highly skilled and experienced Sr Fraud Analyst II to join our team. As a Sr Fraud Analyst II, you will play a crucial role in detecting and preventing fraud, ensuring the safety and security of our clients' accounts. We are looking for a dedicated and detail-oriented individual with a strong analytical mindset and the ability to thrive in a fast-paced and ever-evolving environment. If you have a passion for fighting financial crime and the qualifications we are looking for, we would love to hear from you. Join us in our mission to keep our customers' money safe and secure.
- Analyze and investigate suspected fraudulent activity on customer accounts
- Monitor and review transactional data for potential fraud patterns
- Utilize various fraud detection tools and techniques to identify and mitigate risks
- Communicate with customers and internal stakeholders to gather information and resolve fraud cases
- Stay updated on industry trends and fraud tactics to continuously improve detection methods
- Prepare and present reports on fraud trends and patterns to management
- Collaborate with cross-functional teams to develop and implement fraud prevention strategies
- Conduct periodic audits to ensure compliance with fraud prevention procedures
- Train and mentor junior fraud analysts on best practices and procedures
- Maintain a high level of confidentiality and professionalism when handling sensitive customer information
- Assist with special projects and initiatives related to fraud prevention and risk management.
Extensive Experience In Fraud Detection And Prevention: A Sr Fraud Analyst Ii At Bank Of America Should Have A Minimum Of 5 Years Of Experience In Fraud Detection And Prevention In The Financial Industry. This Includes A Deep Understanding Of Various Types Of Fraud Schemes, Tools, And Techniques Used To Detect And Prevent Fraud.
Strong Analytical Skills: The Role Of A Sr Fraud Analyst Ii At Bank Of America Involves Analyzing Large Volumes Of Data To Identify Fraudulent Activities. Therefore, Candidates For This Position Must Possess Strong Analytical Skills, Including The Ability To Think Critically, Identify Patterns, And Make Data-Driven Decisions.
Knowledge Of Fraud Prevention Tools: Bank Of America Uses A Variety Of Fraud Prevention Tools To Safeguard Its Customers' Accounts. A Sr Fraud Analyst Ii Should Be Familiar With These Tools And Have Hands-On Experience In Using Them To Investigate Suspicious Activities And Prevent Fraud.
Excellent Communication And Collaboration Skills: As A Senior Member Of The Fraud Prevention Team, The Sr Fraud Analyst Ii Will Be Required To Collaborate With Other Analysts, Law Enforcement Agencies, And Internal Stakeholders To Investigate And Mitigate Fraud Incidents. Therefore, Effective Communication And Collaboration Skills Are Essential For Success In This Role.
Bachelor's Degree In A Relevant Field: While Not Necessarily A Requirement, A Bachelor's Degree In A Relevant Field Such As Finance, Accounting, Or Criminal Justice Is Highly Preferred For A Sr Fraud Analyst Ii Position At Bank Of America. This Educational Background Provides A Strong Foundation In Financial And Criminal Investigations And Can Be Beneficial In Identifying And Preventing Fraud.
Financial Analysis
Compliance regulations
Data Mining
Case management
Risk assessment
Fraud prevention
Fraud
Fraud detection
Pattern Recognition
Investigative Techniques
Fraud Reporting
Fraud Monitoring
Communication
Emotional Intelligence
Leadership
Time management
Interpersonal Skills
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Sr Fraud Analyst II in Richmond, VA, USA is between $69,000 and $96,000 per year. This salary can vary depending on factors such as experience, education, and the specific company or industry the analyst is working in.
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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.
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