Manager

About US At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection Responsible Growth is how we run our company and how we deliver for our clients teammates communities and shareholders every day One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world We re devoted to being a diverse and inclusive workplace for everyone We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical emotional and financial well-being Bank of America believes both in the importance of working together and offering flexibility to our employees We use a multi-faceted approach for flexibility depending on the various roles in our organization Working at Bank of America will give you a great career with opportunities to learn grow and make an impact along with the power to make a difference Join us Global Business Services Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed globally integrated delivery model and globally resilient operations Global Business Services is recognized for flawless execution sound risk management operational resiliency operational excellence and innovation In India we are present in five locations and operate as BA Continuum India Private Limited BACI a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services Process Overview ARQ supports global businesses of the Bank with solutions requiring judgment application sound business understanding and analytical perspective The domain experience in the areas of Financial Research Analysis Quantitative Modeling Risk Management and Prospecting Support provide solutions for revenue enhancement risk mitigation and cost optimization The division comprising of highly qualified associates operates from three locations i e Mumbai GIFT City Gurugram and Hyderabad Individual should be capable of running technical processes relating to execution of models across an Enterprise portfolio This will involve familiarity with technical infrastructure specifically GCP and Quartz coding languages and the model development and software development lifecycle In addition there is opportunity for the right candidates to support the implementation of new processes into target-state as well as explore ways to make the processes more efficient and robust Specifically Manage model execution results analysis and reporting related to AMGQS models The Analyst will also work with the implementation team to ensure that this critical function is well controlled Responsibilities Write Python and or PySpark code to automate production processes of several risk and loss measurement statistical models Example of model execution production processes are error attribution scenario shock sensitivity result publication and reporting Leverage skills in quantitative methods to conduct ongoing monitoring of model performance Also possess capabilities in data science and data visualization techniques and tools Identify analyze monitor and present risk factors and metrics to and integrate with business partners Proactively solve challenges with process design deficiencies implementation and remediation efforts Perform operational controls ensuring consistency and compliance across all functions including procedures critical use spreadsheets and tool inventory Assist with enhancing overall governance environment within the Operations space Partner with the IT team to perform system related design assessments control effectiveness testing process testing issue resolution monitoring and supporting the sign-off by management of processes and controls in scope Work with model implementation experts and technology teams to design and integrate Python workflows into existing in-house target-state platform for process execution Requirements Experience 3 to 8 years Education Graduate Post Graduate from Tier 1 institutes - Bachelor s or master s degree in mathematics engineering physics statistics or financial mathematics engineering Foundational skills Good understanding in numerical analysis probability theory linear algebra and stochastic analysis Proficiency in Python numpy pandas OOP unittest and Latex Prior experience in git bitbucket agile view is a plus Understanding of Credit Risk modelling and processes Integrates seamlessly across complex set of stakeholders internal partners external resources Strong problem-solving skills and attention to detail Excellent communication and collaboration abilities Ability to thrive in a fast-paced dynamic environment and adapt to evolving priorities and requirements Desired Skills - Excellent communication and collaboration abilities Work Location Hyderabad Mumbai Work Timings 11am to 8pm IST