Bank Of America Manager 

India, Haryana, Gurugram District 

737915505

Overview (Bank overview, GBS India overview, Function Overview)*

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Job Description*

The position requires the person to have a deep understanding of modeling/econometric forecasting (R coding knowledge is preferable) along with understanding of all the different trading desks, their risk profiles and revenue generation mechanism. The person should have a good knowledge of econometrics and other quantitative forecasting techniques in addition to good knowledge of the regulatory framework such as CCAR, Recovery and Resolution planning (RRP) etc.

This role will involve facing off with very senior stakeholders in Global Finance, Front office and Risk globally in addition to engagement with senior management at GBS.

Additionally, given the regulatory focus in this area, the person would have very strong communication and leadership skills.

Responsibilities*

• Build and maintain quantitative and qualitative forecasting models for various global markets businesses as needed
• Own all the inputs that go into regulatory submissions such as CCAR, Recovery and Resolution Planning from a GBS perspective for specific desks/businesses
• Identify areas of process improvement and coordinate the execution of the same
• Ensure the integrity of the data and infrastructure that the global Stress testing team relies on for the quarterly forecast process

Requirements*

Qualified PhD/MBA/Masters in a Quantitative Field from Tier I/II institute with relevant experience in Stress Testing and Forecasting Analytics in Global Markets environment and organization of similar scale

Certifications If Any

• CFA / FRM certified candidates would be preferred

• Strong Programming Knowledge (R or Python) would be a plus

Experience Range*

3+ years with at least 2+ years’ experience in Global Markets Stress Testing/Forecasting Analytics role

Foundational skills*

• 3+ years of Banking and Financial Services experience with extensive knowledge of working in a Global Markets environment
• Should have good understanding of financial markets, Derivatives & financial products across all asset classes -their valuation, risk etc.
• Strong quantitative modeling skills and programming skills
• Line experience coupled with a demonstrated ability to lead technology-based change
• Proven experience of providing thought leadership to overcome challenges and lead without direct authority
• Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.
• Demonstrated ability to work in a global matrix organization and significantly multi-geography, multi-cultural offshore service delivery environment.

Desired skills

• R/Alteryx/Python/Tableau knowledge would be an added advantage with the most relevant being R
• Must be proactive and be a highly-motivated self-starter
• Takes initiative and challenges existing processes and procedures in a proactive manner
• Ability to analyze issues independently and drive solutions
• Analytical skills

Work Timings*

12:00 PM IST to 21:00 PM IST

Job Location*

Mumbai / Gurugram