Fraud Strategy Manager – Analytics & Process Integration

About the role

Bank of America’s Global Business Services in India is building a Strategies, Analytics & Process Integration team to enhance fraud detection and reduce losses. The Manager will lead the development of advanced fraud strategies using statistical and analytical techniques.

Key responsibilities

• Develop new fraud strategies employing decision trees, random forests and other quantitative methods to identify emerging threats.
• Identify and integrate new internal or vendor data sources to enrich fraud detection processes.
• Optimize existing detection rules to reduce false positives and improve ROI.
• Create ad‑hoc and standardized MIS reporting for fraud performance.
• Collaborate closely with Fraud Technology partners to implement detection solutions.
• Maintain deep expertise in application fraud for credit cards and deposits.
• Proactively manage fraud risk, responding to immediate threats while anticipating future vulnerabilities.

Required profile

• Strong background in fraud analytics and risk management.
• Experience with statistical modeling and quantitative analysis.
• Ability to work with cross‑functional teams and external data vendors.
• Knowledge of credit‑card and deposit application fraud.

Required skills

• Decision tree modeling
• Random forest algorithms
• Statistical and quantitative analysis
• Data integration and enrichment
• Fraud detection reporting (MIS)