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*
Wholesale Risk Analytics (WRA) provides decision support services to enable our banking and markets, wealth management, capital management and credit risk business partners to manage risk well. To accomplish this, we build, develop and maintain models for risk and loss measurement. Additionally, we produce and administer forecasts supporting allowance and stress-testing both domestically (US) and internationally. Our teams complement each other and benefit from broad and diverse employment and experience within industries including government, academia, finance, law, consulting and the military. Through developing our people, embracing operational excellence to drive process improvements, and investing in strategic data initiatives, we provide enhanced risk management capabilities, insights and analysis to our business partners.
Job Description*
The Scorecard Ongoing Monitoring Report (OMR) team performs essential analytical monitoring of the bank’s commercial credit models by analyzing the models’ historical back testing performance, portfolio demographic shifts, stress testing, and other critical outcomes for ensuring sound model management. The team’s main functions can be categorized as data analytics/research and risk reporting/presentation, with a high degree of cross-team coordination around data management and modeling techniques.
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Education*
Certification if any: NA
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