Consumer Product Strategic Analyst IV

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!Job Description:This job is responsible for performing more complex analysis aimed at improving portfolio risk, profitability, performance forecasting, and operational performance for consumer products and related divisions, such as credit cards. Key responsibilities include applying knowledge of multiple business and technical-related topics and independently driving strategic improvements, large-scale projects, and initiatives. Job expectations include working with business counterparts within the Line of Business and partner organizations including Risk and Product teams.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. Perform multiple complex analysis to to extract data and uses multiple databases to acquire Utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results. Excels at risk/reward trade off. Build relationships with business partners. 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. SAS and/or MicroStrategy experience preferred; 5+ years' experience preferred.Responsibilities:• Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance• Coaches and mentors peers to improve proficiency in a variety of systems and serves as a subject matter expert on multiple business and technical-related topics• Identifies business trends based on economic and portfolio conditions and communicates findings to senior management• Supports execution of large scale projects, such as platform conversions or new project integrations by conducting advanced reporting and drawing analytics based insights• Drive analytics to develop fraud mitigation rules, carefully striking the balance across fraud risk, client impact, operational costs and revenue implications with focus on Mass Compromise events• 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 partners• Drive discovery and documentation of end-to-end fraud processes to identify current controls, vulnerabilities, and enhancement opportunitiesRequired Qualifications:• SQL Coding knowledge and/or experience.• Experience with developing and maintaining ETL processes to extract, transform and load data (such as SSIS)• Ability to manage multiple projects in a complex and rapidly-changing environment.• Ability to work independently as well as part of a team.• Demonstrate strong analytical skills.• Previous risk analysis, strategy development, or related experience.• Strong written and oral communication skills.• Intellectually curious and willing to dive into complete issues/problems and solve.Desired Qualifications:• 3+ years of risk analysis, strategy development, or related experience.• 5+ years of SQL Coding experience• Bachelor's degree, ideally in a quantitative discipline such as mathematics, statistics, economics, business, engineering, finance or operations research• SAS Coding knowledge and/or experience• Familiarity with underwriting processes for Consumer and Small Business productSkills:• 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 CommunicationsShift:1st shift (United States of America)Hours Per Week:40Pay Transparency detailsUS - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$99,700.00 - $157,800.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.