Back to search results

Data Scientist I A - GBS IND

Chennai, , India

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 data sourcing process, data research and analytics using available tools, support model input data monitoring and develop necessary data or reporting frameworks to support our 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. Additionally, the role will support data governance, lineage, controls by building, improving and executing data processes.

Responsibilities

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 development & Operations: Research on data requirements, produce executive level and detailed level data summary, validate the accuracy, completeness, reasonableness, timeliness on the dataset and develop desktop procedures for BAU operations. Perform data review and test technology implementation for financed emissions deliverables. Execute BAU processes such as new data cycle creation, execute data controls and data quality processes. Produce data summary materials and walk through with leadership team

Data Analytics & Strategy: Analyze the data and provide how granular data movements across history affects the data new results. Find trends of data improvements or areas for improvement. Develops automated data analysis results and answer the common questions to justify the changes in data. Support 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.

Requirements

Education

B.E. / B. Tech/M.E. /M. Tech

Certifications, If Any: NA

Experience Range

7-10 Years

Foundational Skills*

  • Python
  • Tableau
  • Alteryx
  • Teradata
  • 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 SQL, Excel, Python, automation & optimization and project management
  • Knowledge on Alteryx, Tableau, R, (knowledge of NLP, data scraping and generative AI welcome)
  • Knowledge of data architecture concepts, data models, ETL processes
  • Experience in extracting, and combining data across from multiple sources, and aggregate data to support model development
  • Experience in multiple database environment such as Oracle, Hadoop, and Teradata
  • Strong leadership skills and proven ability in motivating employees and promoting teamwork.
  • Deep understanding of how data process works and have the ability to solve dynamically evolving and complex data challenges part of day to day activities
  • Strong documentation & presentation skills to explain the data analysis in a visual and procedural way based on the audience.
  • 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.

Desired Skills

  • Basics of Finance
  • Basics of Climate Risk
  • NLP

Work Timings

11:30 AM to 8:30 PM

Job Location

Chennai

Learn more about this role

Full time

JR-24009863

Manages People: