Strategic Product Analyst

4 weeks ago


Belfast, United Kingdom Bank of America Full time

Job Summary

This position is responsible for performing advanced analysis and modeling to minimize loss exposure and negative impacts on the customer experience at Bank of America. The successful candidate will utilize various systems, including Excel, SAS, SQL, Tableau, and other relational databases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results.

Main Responsibilities

  1. Provide recommendations to help the business achieve desired outcomes and make informed business decisions using data analysis outputs.
  2. Perform 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.
  3. Lead the coordination of product performance reports and updates for senior management.

Requirements

  1. Demonstrated advanced analytical and quantitative skills with the ability to use data and metrics to identify root causes.
  2. Basic understanding of 1st and 3rd party fraud (claims to charge-off timing, chargeback recovery rights, etc.).
  3. Strong analytical and communication skills.
  4. Strong financial knowledge and understanding of fraud loss drivers.
  5. Proficiency in programming languages (i.e. SAS or SQL) and experience with e-Ledger and Enterprise GL tools (EPM).

Preferred Qualifications

  1. Bachelor's degree in Finance, Accounting, Economics (or related discipline).
  2. MBA or graduate level work in finance, accounting, and/or business management is preferred.
  3. 2+ years of fraud experience and/or 2+ years of analytical/financial experience.
  4. Outstanding quantitative, critical thinking, and analytical skills.
  5. Confidence with finance and accounting concepts.
  6. Ability to work with and communicate effectively with others, demonstrating leadership and strong interpersonal skills.
  7. Ability to communicate and interact with a high degree of professionalism with executive level personnel across the business.
  8. Ability to present, lead, support, and influence senior management and business stakeholders.
  9. Innovation mindset with the ability to challenge the status quo.
  10. Leadership and management skills, including development of teams and individuals.
  11. Ability to prioritize and handle multiple projects at the same time.
  12. Ability to proactively identify, analyze, and improve upon existing processes for optimization and to meet deadlines.

Key Skills

  1. Business Analytics
  2. Business Intelligence
  3. Data Quality Management
  4. Fraud Management
  5. Monitoring, Surveillance, and Testing
  6. Collaboration
  7. Data Visualization
  8. Oral Communications
  9. Problem Solving
  10. Written Communications
  11. Analytical Thinking
  12. Critical Thinking
  13. Data and Trend Analysis
  14. Innovative Thinking
  15. Research

Work Schedule

This is a 1st shift position in the United States of America, working 40 hours per week.



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