Associate

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*

ARQ supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Quantitative Modeling, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e., Mumbai, Gurgaon & Hyderabad.

Job Description*

The Solutions Oversight & Data Analytics Team (SO&DA) is responsible for providing quantitative modeling, oversight, and infrastructure to the Chief Investment Office.  The Chief Investment Office provides overall advice and guidance to all of the wealth management units at Bank of America including Merrill Lynch and the Private Bank. The individual will work with a team of Data Scientists/Engineers and Investment Analysts that use predominantly quantitative resources to identify investment opportunities and outliers. The SO&DA team also provides much of the quantitative infrastructure that is used to support processes across the CIO and beyond.

Responsibilities*

• Extensive experience in SQL is an absolute must. Extensive database knowledge with the ability to identify inefficiencies and modify processes to reflect best practices.
• Understanding of R/R Studio and develop new code, manipulate and optimize existing code for CIO SO&DA process.
• Analyze and organize raw data from different sources (Vendors, data delivery methods, etc.)
• Build data systems and pipelines.
• Automate reports and processes to run with varying frequencies.
• Monitor and debug processes and report the problem to the corresponding responsible parties.
• Explore ways to enhance data quality, reliability, and efficiency.
• Identify opportunities for data acquisition.
• Develop analytical tools and programs.
• Collaborate with data scientists and architects on several projects.
• Perform unit tests and conduct reviews with other team members to make sure your code is rigorously designed, elegantly coded, and effectively tuned for performance.

Requirements*

• Education*
  • Bachelor’s degree or higher in either, Computer Science, Information Technology, Engineering or equivalent background from a top-tier institution
• Certifications If Any
  • Data engineering certification (e.g IBM Certified Data Engineer) is a plus
• Experience Range*
  • 4-6 year of relevant experience in software engineering, data engineering, data visualization

 Foundational skills*

• Proficient in data engineering practices and have extensive experience of using design and architectural patterns.
• Experience working with database management languages (SQL, NoSQL).
• Extensive experience with object oriented programing (OOP)/Scripting languages such as R, Python, Bash, and/or Matlab.
• Technical expertise with data models, data mining, and segmentation techniques.
• Experience working in multiple technology deployment lanes (development through production) is required.
• Experience working with Git/Bit Bucket and familiarity with overall code version control.
• Basic knowledge of financial markets, economic movements and trends, portfolio management concepts, market risk management
• Ability to work both independently and in teams on projects executing on-time and with precision.
• Friendly, courteous, humble mindset, and willingness to work in a flat team organization.

 Desired skills

• Experience with ETL type software (Alteryx, Informatica) is a plus.
• Familiarity with internal or vendor data (FactSet, Morningstar, Bloomberg) is a plus but not required.
• Expertise in running and developing in Tableau is a plus.
• Hands-on experience in database design is a plus.
• Work Timings*
  • 11:30hrs to 20:30hrs IST

• Work Location*

• Mumbai / Hyderabad