Job Opportunity at Bank of America: Join Our Team as an Associate

About Us

At Bank of America, our mission is to improve financial lives through meaningful connections. We prioritize Responsible Growth, ensuring we deliver exceptional service to our clients, teammates, communities, and shareholders. As a company, we are committed to fostering a diverse, inclusive workplace. We hire individuals from a wide range of backgrounds and experiences, and we invest significantly in our teammates and their families with comprehensive benefits that support their physical, emotional, and financial well-being. Bank of America values collaboration and offers flexible work arrangements tailored to the needs of various roles. Join us for a fulfilling career with opportunities for growth, learning, and making a positive impact.

Global Business Services

The Global Business Services (GBS) unit drives Technology and Operations capabilities for Bank of America's Business and Staff Support Functions through a centralized, globally integrated model. GBS is known for its flawless execution, robust risk management, operational resilience, excellence, and innovation. In India, GBS is operational in five locations, functioning as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation.

Process Overview

ARQ supports the Bank's global businesses by providing solutions that require judgment, sound business understanding, and analytical perspectives. The team has expertise in Financial Research & Analysis, Quantitative Modeling, Risk Management, and Prospecting Support, offering solutions for revenue enhancement, risk mitigation, and cost optimization. The division operates from Mumbai, Gurgaon, and Hyderabad.

Job Description

The Solutions Oversight & Data Analytics Team (SO&DA) is responsible for quantitative modeling, oversight, and infrastructure for the Chief Investment Office. The Chief Investment Office advises all of Bank of America's wealth management units, including Merrill Lynch and the Private Bank. The role involves working with Data Scientists/Engineers and Investment Analysts to identify investment opportunities and outliers using quantitative resources. The SO&DA team also provides the quantitative infrastructure to support processes across the CIO and beyond.

Responsibilities

• Highly experienced in SQL and database management; identifying inefficiencies and optimizing processes.
• Proficient in R/R Studio; developing and optimizing code for CIO SO&DA processes.
• Analyzing and organizing raw data from various sources (vendors, data delivery methods).
• Building data systems and pipelines.
• Automating reports and processes with varying frequencies.
• Monitoring and debugging processes, reporting issues to responsible parties.
• Enhancing data quality, reliability, and efficiency; identifying data acquisition opportunities.
• Developing analytical tools and programs.
• Collaborating with data scientists and architects on various projects.
• Performing unit tests and code reviews to ensure quality and performance.

Requirements

Education

Bachelor’s degree or higher in Computer Science, Information Technology, Engineering, or equivalent from a top-tier institution.

Certifications

Data engineering certification (e.g., IBM Certified Data Engineer) is a plus.

Experience Range

4-6 years of relevant experience in software engineering, data engineering, and data visualization.

Foundational Skills

• Proficient in data engineering practices with extensive experience in design and architectural patterns.
• Experienced in database management languages (SQL, NoSQL).
• Skilled in object-oriented programming (OOP) and scripting languages such as R, Python, Bash, and/or Matlab.
• Technical expertise in data models, data mining, and segmentation techniques.
• Experienced in multiple technology deployment lanes (development through production).
• Familiarity with Git/Bit Bucket and overall code version control.
• Basic knowledge of financial markets, economic trends, portfolio management, and market risk management.
• Ability to work independently and in teams, executing projects with precision.
• Friendly, courteous, humble, and willing to work in a flat team organization.

Desired Skills

• Experience with ETL software (Alteryx, Informatica) is a plus.
• Familiar