Stacy Beard

Managing Director | Consumer Product Strategy Executive @ Bank of America

About

Results-driven executive with 20+ years in financial services, specializing in consumer product strategy, risk management, and operational transformation. As Managing Director at Bank of America, I lead cross-functional teams to align strategy with customer needs, regulatory demands, and enterprise growth. I’m committed to collaborative leadership, mentoring future leaders, and delivering measurable impact through innovation and continuous improvement.

Country

United States

City

Chambersburg

Industry

Financial Services

Skill

Strategic Planning, Client Experience, Fraud Strategy and Analytics, Financial Crimes, KYC Verification, Risk Management, KYC, Credit Bureau, Banking, Customer Experience

Experience

Managing Director | Consumer Product Strategy Executive

Bank of America

2022-11 - Present · 3 yrs 11 mos

Pennsylvania, United States

Develop and execute innovative strategies to detect and mitigate emerging risks in the dynamic fraud and scam landscape, leading both proactive and reactive initiatives to safeguard Consumer & Small Business Deposit products.

Executive Roles Across Fraud Strategy, Risk Operations, and AML Compliance

Citi

1990-7 - 2022-10 · 32 yrs 4 mos

Held progressive leadership roles across Fraud Prevention, Risk Operations, AML, and Strategic Initiatives, culminating in Director-level positions. Led enterprise-wide strategies focused on fraud loss avoidance, regulatory compliance, and operational efficiency. Key accomplishments include: Directed Authentication and Security Operations Policy for Private Bank & Wealth Management, optimizing customer experience and fraud recovery. Spearheaded North America Fraud Strategic Initiatives, aligning business direction with risk mitigation goals. Provided independent oversight for Cards AML, KYC, and Sanctions, enhancing regulatory adherence and governance. Served as Chief of Staff for Risk Operations, managing cross-functional priorities across AML, Collections, Fraud, and Credit Bureau Strategy. Led fraud and credit operations programs, driving innovation and operational excellence over a 20+ year tenure.