Oops! It appears that you have disabled your Javascript. In order to see this page corectly or it's mean to appear, we ask you to re-enable your Javascript!

Associate Job Openings by Bank of America in July 2018

Job Title Associate Job Openings Bank of America
Pub Date 4 months ago
Company Bank of America
Location India

www.infreshjobs.com - Today's task recruitment is quite reasonably competitive, that is why you need to perform wisely sensibly in fact it is not only a challenging course of action. www.infreshjobs.com will provide you opportunity to undertake it and that means you can be able to make the best choice inside superior technique to obtain swift along with much better end result. like that you will receive much better probability in addition to safer dwell sometime soon. Siging up for this business can make anyone able to accomplish your aim simpler in addition to help to make your current dream be realized.

To help to the corporation eye-sight along with vison come accurate; Bank of America is actually start regarding brand-new position because begin as July 2018. Everyone who is considering about staffing this particular vacant, make sure you take part in this kind of Associate Job Openings recruitment inside . It is suggested for many participants to arrange almost all required demands because of this job recruitment procedure, for the reason that method need you to definitely allow acceptable spec that this business desires because of this place. If you are that you are one which might load the standards, you can try to see more info about Associate Job Openings below.

Bank of America Job Opportunities 2018

Associate Job Openings - India

Mumbai, India
Job number: 18009512
Back to job search results

Apply Now for this job >

Overview (Bank of America overview, BA Continuum India overview, Business Overview)
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.
Process Overview
BA Continuum India’s Knowledge Service Center (KSC) 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 Models COE is part of Global Wealth and Investment Management (GWIM) Strategy and Banking organization and is responsible for supporting model development including investment and forecasting models, model governance and strategic analytical support. Responsibilities of the team include
Supporting GWIM businesses in developing solutions for various investment products to serve client needs. This includes developing various models to facilitate investment decisioning for use by financial advisors, portfolio managers and business leadership across GWIM.
Providing strategic analytical support to GWIM businesses through statistical behavioral analysis, predictive analytics, machine learning and data mining to enable the business to frame and implement strategic decisions.
Ensure compliance of all GWIM models with Enterprise Model Risk Policy with respect to documentation and testing and facilitate model validation. This includes on-going monitoring of model performance, maintaining the model inventory and managing all processes/controls related to model validation.
Reporting to the head of Models COE, this is a quantitative role with primary responsibility including supporting development of new models and documentation and testing of new and existing models for model validation purposes, development of challenger and benchmark models, enhancement to existing models through addition of new functionalities and development of new models/applications for use by business partners across GWIM. Additionally, the candidate will support the business through behavioral analysis, predictive modeling, machine learning and similar data analytics to facilitate framing and implementation of business strategy.
The candidate will work closely with numerous business partners including Model Risk Management and Lines Of Business to ensure that existing and new models satisfy business needs and comply with the enterprise model validation policies and procedures. The candidate will also work closely with GWIM Strategy business and data analysts in development of models/tools to understand revenue drivers and client/advisor behavior.

Model Governance
Take lead role in model validation and ongoing monitoring of selected wealth management and forecasting models:
Draft detailed model documentation as per Model Risk Management (MRM) requirements
Design, implement, execute and report results of model testing as appropriate
Work with model owners or independently in test execution, interpretation and documentation
Complete MRM Required Action Items for maintaining approved model status
Support on-going monitoring of model performance
Complete Ongoing Monitoring Reports as per MRM and governance requirements, including executing and reporting on model testing results
Review and revise Ongoing Monitoring Plans as appropriate
Work with stakeholders including model owners/users, Model Risk Management, Compliance, Risk Management and Audit to ensure selected models comply with both regulatory and enterprise model validation requirements.
Model Development
Support investment and wealth management modeling use across GWIM
Contribute to thought leadership on model design, methodologies and implementation
Analyze model requirements as needs of business partners evolve
Support code/user interface development and integration with existing IT platforms for successful implementation and deployment of internally developed models
Support GWIM Strategy and Banking group in development of predictive modeling and related analytics
Analyze data to identify key drivers of revenue, clients, financial advisors behavior and find solutions to improve FA performance
Understand bank data assets and support ability to mine data and identify opportunities to help drive business growth
Develop predictive analytics to support GWIM Strategy and Banking initiatives and provide analytic/data support for GWIM leadership in making key business decisions

Education : Bachelors/ Master’s degree from a top-tier institution, preferably in maths, finance, economics, engineering, statistics or a related field.
Experience Range : 5-7 years of quantitative analytics experience in model validation, investment management, risk management, wealth management or related area.
Mandatory skills
Experience in quantitative investment modeling and investment analytics including regression analysis, optimization models and risk management metrics.
Knowledge of portfolio management concepts, financial markets, financial market risk management concepts
Proficiency in data analysis/management, with experience in machine learning, data mining and development of predictive analytics or related experience
Knowledge of probability theory and statistical / econometric modeling and their application to investment and portfolio management principles.
Experience in developing and reviewing code used in financial analytics and statistical analysis, e.g., Matlab, R, Python, C++/C#, VB.
Ability to multi-task and efficiently negotiate changing priorities and responsibilities
Excellent written, verbal communication and interpersonal skills
Desired skills
Banking industry knowledge/ background would be an added advantage
Knowledge about interfacing models with software applications for enhancing usability
Knowledge of factor models and machine learning will be preferred

Work Timings
11:30hrs to 20:30hrs IST (2:00am to 11:00am EST) (Flexible to adjust to day-light savings)
Job Location: Mumbai

Posting Date : 19/02/2018

Location : Mumbai, , LOGITECH PARK TOWER 2, ANDHERI KURLA RD, - India

As one of the leading company in India, Bank of America opens variety of opportunities for employees to grow and make them as future leaders of the professional and disciplined. Bank of America also gives a dynamic work environment in order to encourage employees to contribute optimally, and at the same time is able to increae new skills and erudition through the company programs.

If You interested to apply Associate Job Openings India July 2018 Bank of America Bank of America, immediately prepare requirements / files and documents needed for fill Associate Job Openings India July 2018 Bank of America above. To apply by online, please click the "Apply" button below. If you still do not satisfy with our job recruitment information above, you can try to read other job recruitment information that we provide in our website which still located in India region from any other company.

  Attn :

infreshjobs does not collect any fees or charges to job seekers through our website. If you find any companies that ask you to pay money, please contact us. This job openings may have an invalid or expired or closed for registration. Please recheck prior to the company concerned to determine whether or not a job. Check its location to help find the company's address.


Another Job Openings in India July 2018

  Supervisor Job Openings

  Tempest Pest Control Solutions -   Tiruvalla | Pub date : 22 June 2018 - 3 hours ago

Age-35 Gender-Male Qualification-plus Two Computer-Basic Knowledge Experience-1 year Salary-11,000 ,other perks Job Type: Full-time Salary: ₹11,000.00 ...


  zinnia options -   Kottayam | Pub date : 22 June 2018 - 2 hours ago


  Production Supervisor Chingavanam Job Openings

  Fine Polymers -   Kottayam | Pub date : 22 June 2018 - 8 hours ago

Higher Secondary(12th Pass). Candidates near to Chingavanam are preferred. Should be able to manage 60-70 workers.Candidate should have experience in handling...

  Service Engineer Job Openings

  Zinnia Options -   Alleppey | Pub date : 22 June 2018 - 6 hours ago

Looking for Male electronics graduates or diploma holders for a reputed mobile manufacturing firm in Alappy....


  KAG INDIA PVT LTD -   Kottayam | Pub date : 22 June 2018 - 8 hours ago

DISTRICT TERRITORY - SANITARY WARE, wall and floor tiles AND ALLIED PRODUCTS. 10 Am in Chennai. DISTRICT SALES OFFICER - Min five (5) years marketing Experience...