Data Scientist I B - GBS IND
Chennai
Bank of America
What would you like the power to do? For you and your family, your business and your community. At Bank of America, our purpose is to help make financial lives better through the power of every connection.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
Wholesale Risk Analytics (WRA) is seeking an eager candidate ready to delve into the world of transformative model implementation and technology infrastructure. The hired candidate will have the opportunity to explore software development and data infrastructure on the strategic GRA Core platform (GCP). The hired candidate will have the opportunity to collaborate with GRA and Technology teams, leverage software engineering and model development skills, and gain expertise on how meet business and regulatory requirements in a fast-paced environment. This role requires a strong technical acumen, encompassing data analysis, computer programming, organization, good verbal and written communication, and software design capabilities. You will be at the forefront of Python and PySpark software development, and interface with Hadoop, HIVE and Exadata for model data input and output integration.
Responsibilities
The role involves adhering to software standards and controls established by the model development team for model implementation, along with developing model execution code and operational functionalities that support models in production, including GRA Core Platform (GCP) workflows. In addition, the role will entail Python implementation of new and existing models, analytic processes, or system approaches. This role will also be instrumental in constructing a strategic model infrastructure using Python and PySpark, preparing code documentation, and collaborating with technology teams to deploy code in production. The role requires strong quantitative and computer programming skills (specifically in Python), and the capability of understanding and contributing to software design and GRA code control standards.
Requirements
Education:
B.E. / B. Tech/M.E. /M. Tech, A graduate degree in a quantitative or STEM discipline (e.g. Mathematics, Economics, Engineering, Finance, Physics)
Certifications, If Any: NA
Experience Range: 5-8 Years
Foundational Skills:
- Python
- SQL
- PySpark
- Oracle
- Hadoop
- 3 years of hands-on experience Python and PySpark programming
- 2 years of programming experience with databases such as Oracle, Hadoop, and/or HIVE
- 2 years of JIRA and Git experience for software development
- Proficiency in writing functional specifications for software implementation
- Exceptional analytical and problem-solving skills
- Basic Software engineering and design skills with a commitment to bust software development practices
- A strategic thinker with aptitude to leverage technical skills to solve business problems
Desired Skills
- Basics of Finance
- Experience in designing, developing, and implementing scalable infrastructure solutions
- Capable of documenting processes, inputs, outputs, and requirements, along with identify gaps and improve workflow.
Work Timings
11:30 AM to 8:30 PM
Job Location
Chennai
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Banking Consulting Credit risk Data analysis Economics Engineering Finance GCP Git Hadoop Jira Mathematics ML models Oracle Physics PySpark Python SQL STEM Testing
Perks/benefits: Career development
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