Job Description:
Overview (Bank of America overview, BA Continuum India overview, Business Overview):
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us.
Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses, and institutional investors we serve worldwide. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.
Process Overview:
The team in India is an extension of Bank of America’s Global Risk Organization. India team provides analytical and technological support to the Model Risk Management desk.
Job Description:
The bank is looking for a quantitative finance analyst in the Global Technology and Operations (GT&O) Model Risk Management team. The candidate will interact with Model Developers, Model Owners and Global Control Functions to prioritize and complete validation activities and to effectively maintain and oversee the model risk governance processes. The candidate is also expected to provide support to senior management during regulatory and audit exams and submission requirements.
Responsibilities:
The candidate will be responsible for a broad range of model validation activities, including:
A large portion of the models that this role may be responsible for reviewing include (but are not limited to) data science and AI/ML including GEN-AI LLM models.
Requirements:
Mandatory skills:
Desired skills:
Work Timings: 12 PM – 9 PM IST
Job Location: Mumbai
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