Manager

Job Description:

About Us

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

• Process Overview
• ARQ 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, GIFT City, Gurugram, Chennai and Hyderabad.

• Job Description
• Ongoing Monitoring Review is responsible for periodically substantiating the ongoing fitness of financial crime models in accordance with a model’s approved Ongoing Monitoring Plan (“OMP”). Ongoing Model Monitoring Reports (“OMRs”) assess environmental changes, model limitations, assumptions, process verification and outcomes analysis for each model. OMRs summarize trends in key metrics and provide critical analysis of model performance with respect to metric thresholds; identify threshold breaches and document remediation plans. In addition, the ongoing monitoring process includes the inline monitoring activities performed between reporting cycles, the results of those activities, and any escalations during the period.

Responsibilities*

BAU - Ongoing Monitoring Reports (OMRs)

AML OMR Intracycle Performance Monitoring

BAU - Ongoing Monitoring Reports (OMRs)

Requirements*

Produce Ongoing Monitoring Report

Education*

Post graduate from Tier I / Tier II institutes

Certifications If Any

Experience Range* 2+ yrs

Foundational skills*

• •Self-starter
• •Strong team player
• •Strong communication skills
• •Ability to work in a highly controlled and audited environment
• •Prioritization and project management
• •Analytical and problem-solving skills

Desired skills

• •Experience developing and maintaining complex databases and data sets
• •Experience building data architecture that is optimized for large dataset retrieval, analysis, storage, cleansing, and transformation
• •Experience with data visualization tools
• •Experience managing large data sets utilizing tools such as Hadoop
• •Strong Programming & Data Analytics e.g. R, Python, SAS, SQL, R or other languages
• •Experience as an Oracle developer or with Oracle database, Oracle cloud
• •Experience with data analytics tools (e.g., Alteryx, Tableau)

Work Timings* 1230-2130

Job Location* Hyderabad