Bank Of America Consultant-Data Mining/Whse - Sanctions Screening Center Excellence 

United States, Pennsylvania, Scranton 

319443878

LOB Description:

In general, the role of the Sanctions CoE Data Mining Consultant is as follows:

• Primary responsibility is to create / update business rules to minimize the false-positive Sanctions alerts to improve efficiency and effectives of the CoE’s alert review process.
• Manage the multiple on-going initiatives by attending calls from various projects, understand the Sanctions needs from the projects, Provide requirements to the projects and track the status of these projects.
• Analyze alerts on a daily basis to chalk out strategies to reduce the false-positives, using different pattern matching and trending techniques
• Assist in on-boarding new applications / Clients into the Sanctions screening platform requiring detailed discussions with various lines of businesses in understanding the nature and type of data received from and assist in data mapping into standard formats acceptable for Sanctions screening
• Ability to query & analyze the data required for ad hoc requirements on the fly and generate reports for the team to use.
• Work with technology teams for requirements / testing and implementing changes to improve / automate CoE processes.

Required Qualifications:

• Bachelor's degree in Computer Science, Data Management, Statistics or related fields
• Awareness of AI / Machine learning concepts and ability to implement such strategies
• Good experience in Data Analytics and interpretation of large volumes of Data
• Scripting experience with any language like Python, Java, VB

Desired Qualifications:

• Preferred experience in Sanctions / AML processes
• Advanced knowledge in SQL and using tools like TOAD
• Has good data transformation / formatting experience and be able to work with data in different formats
• Good logical thinking capabilities with a technical mind-set
• Advanced knowledge in using Microsoft Excel and MS Access
• Good Knowledge in using Microsoft products Word, Outlook, Power-point and Visio
• Team player attitude, enthusiasm and commitment
• Ability to prioritize, use own initiative, make quick decisions, be flexible and work independently
• Ability to work remotely, with teams spread globally, under pressure, meet deadlines and navigate change
• Ability to work and interact with people from a diverse range of backgrounds and opinions
• Knowledge of Economic Sanctions programs requirements
• Experience in Global Banking & Markets business process is a plus
• Experience in Sanctions screening applications like Fircosoft

1st shift (United States of America)