Manager

Job Description

About US 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. 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. 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. Job Description 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 : 4 to 6 years Education: Graduate / Post Graduate from Tier 1 institutes Bachelors or master s degree in mathematics, engineering, physics, statistics, or financial mathematics/engineering Foundational skills* Bachelors or master s degree in mathematics, engineering, physics, statistics, or financial mathematics/engineering 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 Work Timings: 11:30 am to 8:30 pm IST