Manager

Bank of America
Mumbai, Gurugram, Hyderabad, Gandhinagar, Ahmedabad
Workplace: OnsiteFull timeFunction: OtherExperience: 6+ yearsEducation: bachelorsSkills: ["Communication","Project management","Problem-solving","Stakeholder management"]

Lead analytics-driven fraud detection initiatives for banking products, developing advanced fraud strategies, expanding data sources, and optimizing detection rules while delivering MIS reports. Coordinate with Fraud Technology across India locations to reduce false positives and improve ROI, working on Credit/Debit/Deposit/Check/Reporting/Ato/New Accounts/Digital products.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Bank of America
Bank of America
6 months ago

Manager

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 6 days agoStatus: Live

Job Summary

Lead analytics-driven fraud detection initiatives for banking products, developing advanced fraud strategies, expanding data sources, and optimizing detection rules while delivering MIS reports. Coordinate with Fraud Technology across India locations to reduce false positives and improve ROI, working on Credit/Debit/Deposit/Check/Reporting/Ato/New Accounts/Digital products.
Location: Mumbai, Gurugram, Hyderabad, Gandhinagar, Ahmedabad
Workplace: Onsite
Employment Type: Full time
Seniority: Manager level

Key Responsibilities

  • •Develop new fraud strategies using statistical and analytical techniques (e.g., decision trees, random forests) to identify and mitigate new and emerging fraud threats.
  • •Identify new data sources (internal or vendor-provided) to enrich fraud detection processes and enable new strategies, coordinating with Fraud Technology partners.
  • •Optimize existing detection strategies by adjusting rules to decline fewer false positives and improve ROI and overall performance.
  • •Develop both ad-hoc and standardized MIS reporting for fraud analytics.
  • •Work on multiple products (Credit Card / Debit Card / Deposit / Check / Reporting / ATO / New Accts / Digital) as assigned.

Key Requirements

  • •Advanced degree in Statistics/Mathematics/Computer Science/Engineering from a premier institute.
  • •Technical certifications in SAS, SQL preferred
  • •6+ years of relevant analytics experience using SAS, SQL
  • •U.S. financial services experience preferable
  • •Familiarity with Python, R or Java; knowledge of data extraction tools such as Hive or HUE
Experience:6+ yearsFinancial servicesFraudAnalytics
Education:Bachelor's
Skills:CommunicationProject managementProblem-solvingStakeholder management
Certifications:SASSQL
Tech Stack:SASSQLPythonRJavaHiveHUE

Company Brief

Bank of America
One of the largest banking institutions in the United States, providing consumer and commercial banking, wealth management, investment banking, and financial services to individuals, businesses, and institutions globally.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1904
WebsiteLinkedIn