Bank Of America Senior Operations Manager 

India, Maharashtra, Mumbai 

167618545

Responsibilities*

The qualified candidate will be responsible for a broad range of activities as follows:

• Performing in-depth analysis on the Bank’s risk model results using various quantitative tools such as back testing, benchmarking, and sensitivity analysis
• Articulating the overall holistic picture of model performance, with clear conclusions regarding accuracy and remediation areas as required
• Communicating model results to model stakeholders, including risk management, model development, model risk, senior management, and regulators
• Supporting model development by confirming remediation of model issues prior to implementation

Requirements*

• Education*
  • Bachelors/Masters or PhD in a quantitative field such as Mathematics, Physics, Finance/Economics, Computer Science, Statistics, or related field from Top tier institutes such as IITs, NITs, Indian Statistical Institutes etc.
• Certifications If AnyFRM, CFA, CQF etc.
• Experience Range*: 12+ years
• Foundational skills*
  • Strong Quantitative and Leadership skills
  • Minimum of 5 years’ experience in leading a team of quantitative analysis and/or risk managers.
  • Advanced knowledge of statistical and machine learning methods, techniques, formulas, and tests.
  • Fluency in Python, SAS and SQL.
  • Knowledge and experience in developing or validating wholesale models. Strong familiarity with the industry practices in the field and knowledge of up-to-date wholesale modeling techniques.
  • Demonstrated experience in talent management and development.
  • Experience with leading external regulator interactions and successfully leading regulator examinations.
  • Excellent written and oral communication skills with stakeholders of varying analytic skill and knowledge levels.
  • Strong financial services and risk management experience.
  • Strong analytical & problem-solving skills.
  • Inquisitive nature, ability to ask right questions and escalate issues.
  • Ability to follow up with issues and summarize discussions
  • Attention to details
  • Willingness to learn
  • Strong work ethic
  • Team player

• Desired skills*
  • Speaking / presentation skills in a professional setting
  • Ability to communicate clearly and effectively, and influence others
  • Ability to produce high quality technical documentation

Work Timings*

12.30pm to 9.30pm