Wealth Management Fraud & Claims - Sr. Fraud Analyst

Are you a highly analytical and detail-oriented individual with a passion for detecting and preventing financial fraud? Do you have experience in wealth management and a strong understanding of financial products and services? If so, Bank of America has an exciting opportunity for you as a Sr. Fraud Analyst on our Wealth Management Fraud & Claims team. In this role, you will play a critical role in protecting our clients' assets by investigating and resolving fraud and claims cases. Join our team and make a positive impact on our clients' financial security.

1. Conduct thorough investigations of suspected fraud cases involving wealth management clients.
2. Utilize analytical skills and attention to detail to identify potential fraudulent activity and patterns.
3. Work closely with other team members and departments to gather information and evidence for fraud cases.
4. Remain up-to-date on current financial products and services to better understand potential fraud schemes.
5. Develop and implement strategies to prevent and detect fraud within wealth management accounts.
6. Communicate with clients to gather information and provide updates on fraud cases.
7. Collaborate with law enforcement and legal teams as needed to escalate and resolve fraud cases.
8. Maintain accurate and detailed records of fraud cases and investigations.
9. Provide recommendations for process improvements to enhance fraud prevention measures.
10. Stay informed on industry trends and regulatory changes related to fraud detection and prevention.
11. Participate in training and development opportunities to continuously enhance knowledge and skills.
12. Uphold the highest level of integrity and ethics when handling sensitive financial information.
13. Prioritize and manage a high volume of fraud cases while meeting deadlines and maintaining quality standards.
14. Act as a subject matter expert and provide guidance and support to junior team members.
15. Contribute to a positive and collaborative team environment focused on protecting clients' assets.

According to JobzMall, the average salary range for a Wealth Management Fraud & Claims - Sr. Fraud Analyst in Chandler, AZ, USA is approximately $60,000 to $80,000 per year. This may vary depending on factors such as experience, education, and specific job responsibilities.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.