Senior Data Scientist - GBS IND

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.

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

As a part of Global Risk Analytics, Enterprise Risk Analytics (ERA ) is responsible for the development of cross-business holistic analytical models and tools. Team responsibilities include: • Financed Emissions responsible for supporting the calculation of asset level balance sheet Financed Emissions, which are integral to the Bank ’s goal of achieving Net-zero greenhouse gas emissions by 2050. • Financial Crimes Modelling & Analytics responsible for enterprise-wide financial crimes and compliance surveillance model development and ongoing monitoring across all lines of business globally. • Operational Risk responsible for operational risk loss forecasting and capital model development for CCAR/stress testing and regulatory capita l reporting/economic capital measurement purpose. • Business Transformations is a central team of Project Managers and Quantitative S/W engineers partnering with coverage area ERA teams with the end goal of onboarding ERA production processes on GCP/production platforms as well as identify risk/gaps in ERA processes which can be fixed with well-designed and controlled S/W solutions. • Trade Surveillance Analytics responsible for modelling and analytics supporting trade surveillance activities within risk. • Advanced Analytics responsible for driving research, development, and implementation of new enhanced risk metrics and provide quantitative support for loss forecasting and stress testing requirements, including process improvement and automation

Job Description

The role is responsible for building analytics and reporting framework, dashboarding, and ad hoc insights to support approaches to net zero progress alignment, target setting, client engagement and reputational risk review, empowering banking teams to assist clients on net zero financing strategies and specific commercial opportunities. The role will support and partner with business stakeholders in the Enterprise Climate Program Office, Technology, Climate and Credit Risk, the Global Environment Group, Lines of Business, Legal Entity Controllers and Model Risk Management. Candidate must be able to communicate across technology partners, climate office and the business lines to execute on viable analytical solutions, with a focus on end-user experience and usability. This individual will feel at ease creating complex queries and extracting large, raw datasets from various sources, merging, and transforming raw data into usable data and analytic structures, and benchmarking results to known. They must feel comfortable with automation, generating dashboards that are easy for end users to interpret, conduct quantitative analysis, as well as effectively communicate and disseminate findings and insights to stakeholders. They should also understand greenhouse gas accounting frameworks and financed emissions calculations as applied to different sectors and asset classes. The candidate will have experience representing ERA with critical Climate stakeholders across the firm, and should demonstrate capacity for strategic leadership, exercising significant independent judgment and discretion and work towards strategic goals with limited oversight.

Net zero transition planning and execution: Partners with GEG, Program Office and Lines of Business in developing and executing enterprise-wide net zero transition plan and operational roadmap, with a focus on analysis and reporting capabilities, data procurement, liaising with consultants, external data providers, Climate Risk and Technology functions.

Data and Analytics: Develops analytical platform, dashboarding, and ad hoc analytics of bank-wide and client net zero commitment implementation, with an initial focus on automation of financed emissions analysis, reporting against PCAF standards and net zero transition preparedness analytics and engagement to enhance strategy for meeting emissions goals for target sectors.

Reporting: Supports ESG Data and Reporting, specifically financed emissions analysis and client engagement data analysis for TCFD report

Responsibilities

• Strong technical and visualization skills, with the ability to understand the business goals, needs, and be committed to delivering recommendations that will guide strategic decisions.
• Deep expertise in Tableau, Oracle, SQL, R, Alteryx, Python, Excel, (knowledge of NLP, data scraping and generative AI welcome), automation & optimization and project management Excellent interpersonal, management, and teamwork skills.
• Highly motivated self-starter with excellent time management skills and the ability to effectively manage multiple priorities and timelines.
• High level of significant independent decision-making ability.
• Ability to quickly identify risks and determine reasonable solutions.
• Demonstrated ability to motivate others in a high-stress environment to achieve goal.
• Ability to effectively communicate and resolve conflicts by both oral and written communication to both internal and external clients.
• Ability to adapt to a dynamic and evolving work environment.
• Well-developed analytical and problem-solving skills.
• Experience and knowledge of the principles and practices of management and employee development.
• Ability to think critically to solve problems with rational solutions.
• Ability to react and make decisions quickly under pressure with good judgment.

Requirement

Education

Bachelor’s degree

Certifications If any: NA

Experience Range: 12-16 years

Foundational Skills*

Python

Tableau

Alteryx

SQL

Python

Desired Skills

Oracle

Basics of Finance

Basics of Climate Risk

NLP

Work Timings

11:30 AM to 8:30 PM

Job Location

Hyderabad