Bank of America India | Senior Manager

Responsibilities

• We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
• The team is also responsible for developing expertise and enhancing the forecasting models.
• The team needs to engage with senior stakeholders across the firm to conduct review and challenge meetings on quarterly basis with respect to the forecast results.
• The data and infrastructure needed for the forecast process is also owned by the team.
• There is high regulatory involvement given the key role the team performs in the CCAR process, Recovery and Resolution Planning, Stress loss forecasting etc.
• We are seeking a technically strong individual to support the Global Markets (GM) Stress Testing Platform within Global Business Services (GBS).
• The role is responsible for supporting the QFAP/R forecasting platform, which underpins critical regulatory and internal forecasting processes including CCAR, ICAAP, Recovery & Resolution Planning (RRP), and quarterly stress testing exercises.
• Support the day-to-day management of the Global Markets QFAP/R forecasting platform.
• Implement, integrate, and support forecasting models developed by quantitative and business teams.
• Execute and monitor quarterly forecast production cycles supporting CCAR, ICAAP, RRP, and internal stress testing exercises.
• Manage platform readiness activities prior to forecast execution cycles.
• Maintain production support procedures, runbooks, and technical documentation.
• Coordinate code promotions, release activities, and environment management.
• Identify opportunities to automate manual processes and reduce operational risk.
• Maintain audit-ready evidence, technical documentation, and change records.
• Ensure compliance with enterprise technology standards and risk-management requirements.
• Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.
• Adhere to model governance, change management, and software development controls.
• Takes initiative and challenges existing processes and procedures in a proactive manner

Requirements

• Qualified 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.
• MCA / CFA / FRM / Qualified Certification certified candidates would be preferred.
• 6+ years of experience in Banking, Financial Services, Risk Technology, Quantitative Platforms, or Financial Analytics.
• Strong programming experience with R, including development, debugging, code optimization, and production support.
• Experience supporting analytical or quantitative platforms in production environments.
• Strong understanding of software development lifecycle, version control, testing, and deployment processes.
• Experience working with large datasets and data-processing workflows.
• Strong analytical and problem-solving skills with the ability to diagnose complex technical issues.
• Strong verbal and written communication skills, and 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.
• Strong proficiency in R programming (preferred).
• Experience with GitHub, Git workflows, and modern software engineering practices.
• Experience using GitHub Copilot or other AI-assisted development tools.
• Knowledge of Python, SQL, Alteryx, Tableau, or similar analytics tools.
• Must be proactive and be a highly-motivated self-starter.
• Ability to analyze issues independently and drive solutions.
• Strong Programming Knowledge (R or Python) preferred

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)