Manager at Bank of America

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

0.0

Posted On

28 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SAS, SQL, Python, R, Java, Hive, HUE, Decision Trees, Random Forests, Quantitative Methods, Data Infrastructure, Data Mart Designs, Reporting, Project Management, Statistical Analysis, Fraud Detection

Industry

Banking

Description

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. 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. 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 Building out Strategies, Analytics & Process Integration team in India driving improved fraud detection & loss reduction Job Description This position/role requires interaction across multiple business partners to aide in determining key priorities and project direction for their team. Key functions involve working with the Transformation pillar teams to setup the data infrastructure, data mart designs and maps, maintain repository of centralized data definitions and methodologies, working with other partners within Client protection group to understand data needs, share reporting with leadership, and establish routines with various stakeholders for data reviews and make recommendations where gaps exist. Integrates the analysis with other corporate units to ensure alignment with business and corporate objectives. Responsibilities The role will be responsible for several key areas: • Development of new fraud strategies using statistical and analytical techniques including decision trees, random forests and other quantitative methods. Goal will be to identify and mitigate new and emerging fraud threats. • Identifying new sources of data (internal or vendor-provided) that can enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed. Will require close coordination with partners in Fraud Technology. • Optimization of existing detection strategies to determine areas where rules can be adjusted to decline fewer false positives and improve the ROI and overall performance of our fraud strategies • Development of both ad-hoc and more standardized reporting (MIS). • Candidate need to work on any of the given products - Credit Card / Debit Card / Deposit / Check /Reporting / ATO/New Accts/Digital Requirements Education:- Advanced degree, preferably in Statistics/Mathematics, Computer Sciences, Engineering from a premier institute Certifications If Any Technical certifications in SAS, SQL preferred Experience Range: 6 to 9 years of relevant experience using SAS, SQL data analytics U.S financial services experience preferable Foundational skills – The candidate must be at an advanced to expert level in SAS and SQL. Should also have familiarity with other programming languages such as Python, R or Java. Knowledge of data extraction tools such as Hive or HUE will be useful. Must have 3 to 5 years of relevant experience in analytics. Strong preference working in financial services, particularly fraud or cyber security. Desired skills – • Candidate must have a proven track record of building and deploying analytical solutions that have resulted in material financial results. • Ability to work in a fast-paced, dynamic environment is critical. Must have exceptional organizational, project management and communications skills Bachelor’s degree is desired, preferably in a quantitative discipline such as mathematics, statistics, engineering, computer science, finance or business. Post graduate degree is a plus. • Familiarity with other programming languages such as Python, R or Java will be preferred. • Knowledge of data extraction tools such as Hive or HUE will be preferred. Shift Timings : 11 30 AM to 8 30 pm/ 12:30 PM to 9:30 PM Location: Mumbai At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. 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. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

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Responsibilities

The role involves developing new fraud strategies using statistical and analytical techniques to mitigate emerging fraud threats and identifying new data sources to enrich fraud detection processes. Responsibilities also include optimizing existing strategies for better ROI and developing standardized management information system (MIS) reporting.