Job Description:
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.
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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
Global Business Services delivers control functions responsible for providing assurance over data and processes used to record risk, P/L, balance sheet and financial results in support of Global Markets, Corporate Treasury and Corporate Investments businesses. There are seven GMO core functions that are critical in ensuring business process control: New Business Development, Trade Capture Substantiation, P&L Validation, Risk/Position Validation, Balance Sheet Substantiation, Event Monitoring, and Front-Back Process Oversight.
The QS or Quantitative Services Team is part of the GBS. The Data Science Group is involved in Development, testing and monitoring of Machine Learning Models.
Job Description
Associate would be involved in entire Machine Learning Development Lifecycle.
Responsibilities
- Collaborate with stake holders and identify opportunities for leveraging huge amount of unstructured financial data.
- Analyze and model structured data using statistical methods and implement algorithms and software needed to perform analyses
- Undertake preprocessing of structured/unstructured data and analyze information to discover trends/patterns.
- Present information using data visualization techniques.
- Coordinate with different teams to implement the models and monitor outcomes.
- Build machine learning models to automate processes and reduce operational overhead.
- Perform continuous model monitoring and model support.
- Build processes and tools for analyzing model performance and data accuracy.
Requirements
- Exp Range: 2- 5 years
- Education: Graduate
- Foundational Skills: Degree in Applied Math, Statistics, Computer Science or any other quantitative field from premier institutes
- Strong technical skills including experience using Python/R and SQL or any object-oriented languages
- Familiarity with various machine learning algorithms and modelling techniques e.g. Regression (Linear and logit), Classification (SVM, Naïve Bayes,etc.)
- Banking domain is preferred but not required.
- Strong analytical/math skills (e.g. statistics, algebra)
- Familiarity with pandas, numpy, scikit-learn & scipy
- Basics of Visualization tools & techniques - eg. maptlotlib
- Problem-solving aptitude
- Desired Skills:-Excellent communication and presentation skills
Work Timings: 12:00 PM-9:00PM
Job Location: Hyderabad