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

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

Job description

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 :

▶️ Consumer Product Strategy Analyst III – Loss and Expense Forecasting/Reporting
🖊️ Bank of America
📍 Belfast