Entry Level Fraud Jobs in Arizona (NOW HIRING)

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

SCCS Fraud Prevention and Detectionis seeking a junior data professional to join our team to focus on identifying emerging fraud trends, behavioral typologies, and anomalous patterns across Specialized Consumer Client Solutions LOB. This role is centered on exploratory, hypothesisdriven analytics, working with highly complex and ambiguous data to surface new fraud risks, understand evolving attacker behavior, and inform detection strategies. The position operates as an individual contributor, partnering closely with executive leadership, product, technology, GIS and fraud operations to translate analytical insight into actionable detection enhancements, investigative focus areas, and strategic prioritization.

The successful candidate will demonstrate strong analytical judgment, intellectual curiosity, and the ability to independently navigate incomplete or noisy data. This role is ideal for an analyst who excels at pattern recognition, clustering, anomaly detection, networked behavior analysis, and data storytelling, and who thrives in environments where the problem is not fully defined upfront.

Responsibilities:

• Identify emerging fraud typologies, behavioral patterns, and anomalous activity through deep exploratory analysis of large, complex datasets.

• Perform trend analysis, clustering, segmentation, and grouping techniques to uncover nonobvious relationships and evolving fraud behaviors.

• Analyze transactions, customer behavior, devices, accounts, and networked entities to surface signals indicative of novel or previously undetected fraud.

• Develop clear hypotheses in ambiguous problem spaces and iterate analytically as new findings emerge.

• Serve as a technical and analytical SME within Fraud Detection, guide and influence other business leaders and peer SMEs rather than formal management responsibility.

• Maintain awareness of industry fraud trends, emerging technologies, and regulatory expectations, proactively adapting analytical approaches.

Secondary / Translational Responsibilities

• Translate analytical findings into actionable insights for fraud strategy, detection rules, models, and investigative prioritization.

• Partner with Fraud Strategy, GIS, Client Protection, Digital and Technology teams to support downstream model enhancements, detection logic, and control changes.

• Create compelling visualizations, summaries, and executiveready narratives to communicate complex findings clearly.

• Conduct rootcause and driver analysis on material fraud events, spikes, or shifts in loss performance.

• Evaluate new data elements and signals for relevance to detection and typology development.

Required:

• Demonstrated experience identifying new or evolving fraud behaviors or typologies, particularly in environments where risks are not fully defined or labeled.

• Proficiency in SQL and at least one analytical or data science language (e.g., Python, SAS).

• 2+ years of experience applying data science, analytics, or advanced modeling in fraud, risk, cyber, or financial services domains.

• Demonstrated exceptional attention to detail, with the ability to identify subtle data inconsistencies, behavioral anomalies, and analytical gaps that materially impact fraud outcomes.

• Strong intellectual curiosity and a consistent habit of asking incisive questions to fully understand the why behind observed patterns, model behavior, and fraud outcomes.

• Proven ability to think logically and structure complex problems, breaking ambiguous fraud risks into clear hypotheses, analytical approaches, and testable conclusions.

• Ability to independently assess what data matters, what signals are meaningful, and what analyses are required, rather than relying on predefined scripts or instructions.

• Disciplined analytical judgment, with the ability to distinguish signal from noise and avoid overfitting conclusions based on incomplete or misleading data.

• Track record of producing highquality, defensible analysis that stands up to scrutiny from technical peers, risk partners, and senior leadership.

• Experience supporting detection models or rule strategies through analytical insight.

• Ability to work independently on complex, ambiguous problems with minimal direction.

• Proven ability to translate analytical insights into business and risk decisions.

Desired:

• Bachelor's degree in a quantitative field (e.g., Computer Science, Data Science, Statistics, Engineering, Mathematics) or equivalent practical experience.

• Experience working in fraud discovery, advanced detection analytics, or threat research style roles.

• Familiarity with graphbased thinking or networked fraud behaviors (even if tools were indirect).

• Experience with fraud detection use cases such as account takeover, market manipulation, synthetic identity, payments fraud, or digital abuse.

• Experience working with largescale, distributed data environments.

• Prior exposure to vendor model evaluation, proofofconcept testing, or platform integrations.

• Strong executive presence and comfort influencing senior leaders without direct authority.

Skills:

• Controls Management

• Issue Management

• Monitoring, Surveillance, and Testing

• Quality Assurance

• Risk Management

• Analytical Thinking

• Attention to Detail

• Critical Thinking

• Problem Solving

• Written Communications

• Decision Making

• Innovative Thinking

• Prioritization

• Recording/Organizing Information

• Business Analytics

• Data and Trend Analysis

• Data Mining

• Research Analysis

• Risk Analytics

• Fraud Management

• Monitoring, Surveillance and Testing

• Causation Analysis

• Data Visualization

• Measurement Effectiveness

• Scenario Planning and Analysis

• Attention to Detail

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: