Director; Senior Data Scientist
Atlanta, Georgia
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Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Responsibilities
Enable analysis, model, and optimize through producing information products.
Create sophisticated, value-added analytic systems that support revenue generation, risk management, operational efficiency, regulatory compliance, portfolio management, and research.
Adopt enterprise information products through clearly communicating how enterprise information products answer material banking questions leading to decisions and actions.
Clearly document the use of various Optical Character Recognition models (OCR).
Perform back testing, benchmarking, and scenario analysis for multiple models.
Conduct ongoing model performance monitoring for models used on various operations and technology teams.
Test Al models for 16 risk dimensions including fairness, ethics, algorithmic bias, algorithmic transparency, information security, and privacy.
Coordinate with Model Risk Management on upcoming model risk reviews.
Build, test and document quantitative models consistent with model development procedures and model risk management expectations.
Apply statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models.
Apply knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing.
Utilize data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends.
Remote work may be permitted within a commutable distance from the worksite.
Required Skills & Experience
Bachelor's degree or equivalent in Finance, Statistics, Mathematics, Economics, or related: and
5 years of progressively responsible experience in the job offered or a related Quantitative occupation.
Must include 5 years of experience in each of the following:
Building, testing and documenting quantitative models consistent with model development procedures and model risk management expectations;
Applying statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models;
Applying knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing; and,
Utilizing data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends.
If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.
EMPLOYER: Bank of America N.A.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE .
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
