Bank of America India | Manager

Responsibilities

• 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.
• AML OMR Intracycle Performance Monitoring.
• Produce Ongoing Monitoring Report

Requirements

• Ability to work in a highly controlled and audited environment.
• 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 managing large data sets utilizing tools such as Hadoop.
• Strong Programming & Data Analytics e.
• Experience as an Oracle developer or with Oracle database, Oracle cloud.
• Experience with data analytics tools (e.g., Alteryx, Tableau).
• Experience Range* 2+ yrs
• Experience with data visualization tools
• Strong Programming & Data Analytics e.g. R, Python, SAS, SQL, R or other languages

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)