Consumer Product Strategy Analyst III – Loss and Expense Forecasting/Reporting

Bank of America
Kennesaw
Full-time

Description

This job is responsible for performing more complex analysis and modeling to minimize loss exposure and negative impacts to the customer experience.

Key responsibilities include utilizing a variety of systems such as Excel, SAS, SQL, Tableau, and other relational data bases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results.

Job expectations include evaluating data to assess potential fraud risk and create mitigation strategies.

Responsibilities :

Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs

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

Leads coordination of the production of product performance reports and updates for senior management

Required Qualifications :

Advanced analytical and quantitative skills with demonstrated ability in using data and metrics to identify root causes

Basic understanding of 1st and 3rd party fraud (claims to charge-off timing, chargeback recovery rights, etc.)

Proven strong analytical and communication skills

Strong financial knowledge and understanding of fraud loss drivers

Strong knowledge of programming language (i.e. SAS or SQL) and experience with e-Ledger and Enterprise GL tools (EPM)

Desired Qualifications :

Bachelor's degree in Finance, Accounting, Economics (or related discipline)

MBA or graduate level work in finance, accounting, and / or business management is preferred

2+ years of fraud experience and / or 2+ years of analytical / financial experience

Outstanding quantitative, critical thinking, and analytical skills

Confidence with finance and accounting concepts

Ability to work with and communicate effectively with others, demonstrate leadership, and possess strong interpersonal skills

Ability communicate and interact with a high degree of professionalism with executive level personnel across the business

Ability to present, lead, support, and influence senior management and business stakeholders

Innovation mindset with the ability to challenge the status quo

Leadership and management skills, including development of teams and individuals

Ability to prioritize and handle multiple projects at the same time

Ability to proactively identify, analyze, and improve upon existing processes for optimization and to meet deadlines

Skills : Business Analytics

Business Analytics

Business Intelligence

Data Quality Management

Fraud Management

Monitoring, Surveillance, and Testing

Collaboration

Data Visualization

Oral Communications

Problem Solving

Written Communications

Analytical Thinking

Critical Thinking

Data and Trend Analysis

Innovative Thinking

Research

Shift :

1st shift (United States of America)

Hours Per Week :

18 days ago
Related jobs
Promoted
Gartner
Sandy Springs, Georgia

In our hybrid work environment, we provide the flexibility and support for you to thrive - working virtually when it's productive to do so and getting together with colleagues in a vibrant community that is purposeful, engaging and inspiring. We engage our clients on a deeper level through hands-on,...

Promoted
VirtualVocations
Marietta, Georgia

A company is looking for a Senior Analyst, Pricing & Product. ...

Promoted
CarMax
Kennesaw, Georgia

As a Senior Analyst, Credit Bureau Reporting and Software Configuration, you will have a direct hand in this effort by leveraging your creative, analytical, and technical abilities to ensure that key and highly compliant aspects of our business are operating effectively and efficiently. The Senior A...

Promoted
VirtualVocations
Marietta, Georgia

Product Strategy & Operations AnalystKey Responsibilities:Own pricing and packaging strategy across Numerator's portfolio of productsRun the annual roadmapping process by working closely with product managersFacilitate market research and build market sizing modelsRequired Qualifications:2 years of ...

Bank of America
Kennesaw, Georgia

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. Initiative sizing and coordination with the Capacity, Workforce, Loss Fo...

Promoted
VirtualVocations
Marietta, Georgia

A company is looking for an Analyst, Strategy & Analytics to optimize food and beverage operations for clients. ...

Promoted
CarMax
Kennesaw, Georgia

As an Analyst II, Credit Bureau Reporting and Software Configuration, you will have a direct hand in this effort by leveraging your creative, analytical and technical abilities to ensure that key and highly compliant aspects of our business are operating effectively and efficiently. The Analyst II o...

Bank of America
Kennesaw, Georgia

The Loss Forecasting candidate will lead efforts to rebuild the 1st and 3rd party fraud loss forecasts, provide loss performance updates and commentary for loss packages, outline and communicate the drivers of the forecasts, and partner with key stakeholders to understand recent trends, initiatives,...

Truist
Atlanta, Georgia

Prepare and present climate scenario analysis and other related reporting to working groups, committees, and senior management. Sound and comprehensive understanding of business and organizational strategies and processes. Knowledge of the external environment, including Truist's competition, regula...

Zelis
Remote, GA, US
Remote

The Fraud Reporting & Insights Analyst is a crucial member of the Zelis Payments Payee Identification and Network Security (PINS) team, reporting directly to the Senior Director of PINS. The primary responsibilities include supporting fraud detection and prevention efforts, developing rules, generat...