Data Scientist I B - GBS IND Hyderabad, India;Chennai, India **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** As a part of Global Risk Analytics, Enterprise Risk Analytics (ERA ) is responsible for the development of cross-business holistic analytical models and tools. Team responsibilities include: • Financed Emissions responsible for supporting the calculation of asset level balance sheet Financed Emissions, which are integral to the Bank ’s goal of achieving Net-zero greenhouse gas emissions by 2050. • Financial Crimes Modelling & Analytics responsible for enterprise-wide financial crimes and compliance surveillance model development and ongoing monitoring across all lines of business globally. • Operational Risk responsible for operational risk loss forecasting and capital model development for CCAR/stress testing and regulatory capita l reporting/economic capital measurement purpose. • Business Transformations is a central team of Project Managers and Quantitative S/W engineers partnering with coverage area ERA teams with the end goal of onboarding ERA production processes on GCP/production platforms as well as identify risk/gaps in ERA processes which can be fixed with well-designed and controlled S/W solutions. • Trade Surveillance Analytics responsible for modelling and analytics supporting trade surveillance activities within risk. • Advanced Analytics responsible for driving research, development, and implementation of new enhanced risk metrics and provide quantitative support for loss forecasting and stress testing requirements, including process improvement and automation **Job Description** The role will be responsible for independently conducting quantitative analytics and modeling projects **Responsibilities** + Perform model development proof of concept, research model methodology, explore internal & external data sources, design model development data, and develop preliminary model + Conduct complex data analytics on modeling data, identify, explain & address data quality issues, apply data exclusions, perform data transformation, and prepare data for model development + Analyze portfolio definition, define model boundary, analyze model segmentation, develop Financed Emissions models for different asset classes, analyze and benchmark model results + Work with Financed Emissions Data Team & Climate Risk Tech on the production process of model development & implementation data, including support data sourcing efforts, provide data requirements, perform data acceptance testing, etc. + Work with Financed Emissions Production & Reporting Team on model implementation, model production run analysis, result analysis & visualization + Work with ERA Model Implementation team & GCP Tech on model implementation, including opine on implementation design, provide implementation data model & requirements, perform model implementation result testing, etc. + Work with Model Risk Management (MRM) on model reviews and obtain model approvals + Work with GEG (Global Environmental Group) and FLU (Front Line Unit) on model requirements gathering & analysis, Climate Risk target setting, disclosure, analysis & reporting **Requirements** **Education** B.E. / B. Tech/M.E. /M. Tech **Certifications If any** : NA **Experience Range** : 6 - 8 years **Foundational Skills*** + Advanced knowledge of SQL and Python + Advanced Excel, VSCode, LaTex, Tableau skills + Experience in multiple data environment such as Oracle, Hadoop, and Teradata + Knowledge of data architecture concepts, data models, ETL processes + Knowledge of climate risk, financial concepts & products + Experience in extracting, and combining data across from multiple sources, and aggregate data for model development + Experience in conducting quantitative analysis, performing model driven analytics, and developing models + Experience in documenting business requirements for data, model, implementation, etc. **Desired Skills** + Basics of Finance + Basics of Climate Risk **Work Timings** 11:30 AM to 8:30 PM **Job Location** Hyderabad, Chennai Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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