Bank of America Hiring For Assistant Manager In Gurgaon

• • • Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. Develops complex program models to extract data and uses multiple databases to acquire statistical and financial data. Utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results. Excels at risk/reward trade off. Build relationships with external agencies. Participates in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management and the utilization of core leadership behaviors.

       

      Responsibilities

       

      •                 Development of new fraud strategies using analytical techniques including decision trees, random forests and other quantitative methods

      •                 Identifying new sources of data (internal or vendor-provided) that can enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed

      •                 Collaborate with multiple stakeholders across US partners, risk, operations & technology

      •                 Optimization of existing detection strategies to determine areas where rules can be adjusted to decline fewer false positives and improve the ROI and overall performance of our fraud strategies

      •                 Review incoming trends and defects and make recommendations to change existing fraud rules

      •                 Candidate need to work on any of the given products – Credit Card / Debit Card / Deposit / Check /Reporting / ATO/New Accts/Digital

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