Job Description
Company Overview:
Bank of America is a leading global financial institution that provides a wide range of banking and financial services to individuals, businesses, and institutions. With a strong commitment to innovation, integrity, and community engagement, Bank of America is dedicated to helping clients achieve their financial goals and drive responsible growth.
Key Responsibilities for Fraud Analyst:
- Conduct thorough analysis of suspicious activities and transactions to identify potential fraudulent behavior
- Investigate and resolve cases of fraud by collaborating with internal teams and external partners
- Utilize advanced fraud detection tools and techniques to prevent and mitigate fraudulent activities
- Develop and implement strategies to enhance fraud detection processes and minimize financial losses
- Prepare detailed reports and documentation on fraud investigations and findings
- Stay updated on industry trends and best practices in fraud prevention and detection
Required Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or related field
- Proven experience working in fraud detection, risk management, or financial crime investigation
- Strong analytical skills with the ability to interpret complex data and identify patterns or anomalies
- Excellent communication and interpersonal skills for effective collaboration with cross-functional teams
- Proficiency in using fraud detection software, data analysis tools, and Microsoft Office applications
- Knowledge of regulatory requirements and compliance standards in the banking and financial services industry
Desired Skills:
- Certification in fraud examination or related field (e.g., Certified Fraud Examiner)
- Experience with conducting forensic investigations and gathering evidence for legal proceedings
- Familiarity with machine learning and artificial intelligence technologies for fraud detection
- Ability to work effectively under pressure in a fast-paced and dynamic environment
- Strong attention to detail and problem-solving abilities
Compensation & Benefits:
The annual salary range for the Fraud Analyst position at Bank of America in Kansas City, Missouri is $60,000 to $80,000, commensurate with experience and qualifications. In addition to competitive pay, Bank of America offers a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, professional development opportunities, and employee discounts on banking services.
How to Apply:
To apply for the Fraud Analyst position at Bank of America in Kansas City, Missouri, please visit our careers website and submit your resume along with a cover letter highlighting your relevant experience and qualifications. We appreciate your interest in joining our team and look forward to reviewing your application.
Required Skills
- Regulatory compliance (SOX
- FINRA
- SEC)
- Audit processes