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Sr Policy Strategist

Bank of America

Bank of America

Multiple locations
Posted on Wednesday, November 1, 2023

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

 

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

 

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description Summary:

Conceptualize, design and implement fraud and/or claims prevention strategies; understand and quantify risks associated with new or proposed process or procedural changes, new products or programs, or changes in business conditions. Document and implement industry best practices; lead cross-functional initiatives within the fraud and/or claims Space. Work with internal clients to understand, quantify and balance the relationship between revenue, cost and losses (risk vs. reward) and establish communication forums with internal clients and business partners.

Job Description & Responsibilities:

Conceptualize, design and implement fraud and/or claims prevention strategies; understand and quantify risks associated with new or proposed process or procedural changes, new products or programs, or changes in business conditions. Document and implement industry best practices; lead cross-functional initiatives within the fraud and/or claims Space. Work with internal clients to understand, quantify and balance the relationship between revenue, cost and losses (risk vs. reward) and establish communication forums with internal clients and business partners.     

Required Skills:

- Prior experience in leading policy, strategy, analytics or initiative development

- Proven track record of being able to drive projects from idea to execution

- Strong strategic thinking and problem solving skills (ability to frame a complex problem, evaluate options, and develop a plan to address)

- Ability to work across organizational lines to drive results

- Ability to influence effectively at executive levels

Desired Skills:

-Prior experience in Fraud, Authentication,  or other related risk fields

-Experience in digital banking products

-Prior experience leading digital product fraud control design strategy and/or policy

- Strong strategic thinking skills with a track record of being able to break complex problems down and develop a clear strategy / action plan.

- Exceptional program / project management and organizational skills.

- Ability to work across functional lines and organizational levels to drive results.

- Exceptional communication and influence skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40