Manager Hyderabad, India;Mumbai, India **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba\_continuum/job/Hyderabad/Manager\_25028887) **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*** Stress Testing & Forecasting Analytics team sits within the CFO Organization and is aligned to support Global Markets Business. Stress Testing & Forecasting Analytics team is responsible for executing quarterly stress and baseline forecasts across various businesses within Global Markets. The team is also responsible for developing and maintaining 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. **Job Description*** (Provide a high level overview of the role and scope of responsibilities) We are looking for a seasoned individual who is technically strong and has worked in a similar stress testing/forecasting role preferably in a large global bank. The position requires the person to have a deep understanding of modeling/econometric forecasting (R coding knowledge is preferable) along with understanding of all the different trading desks, their risk profiles and revenue generation mechanism. The person should have a good knowledge of econometrics and other quantitative forecasting techniques in addition to good knowledge of the regulatory framework such as CCAR, Recovery and Resolution planning (RRP) etc. This role will involve facing off with very senior stakeholders in Global Finance, Front office and Risk globally in addition to engagement with senior management at GBS. Additionally, given the regulatory focus in this area, the person would have very strong communication and leadership skills. **Responsibilities*** • Build and maintain quantitative and qualitative forecasting models for various global markets businesses as needed • Own all the inputs that go into regulatory submissions such as CCAR, Recovery and Resolution Planning from a GBS perspective for specific desks/businesses • Identify areas of process improvement and coordinate the execution of the same • Ensure the integrity of the data and infrastructure that the global Stress testing team relies on for the quarterly forecast process **Requirements*** **Education*** Qualified PhD/MBA/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 Certifications If Any • CFA / FRM certified candidates would be preferred • Strong Programming Knowledge (R or Python) would be a plus **Experience Range*** 4+ years with at least 2+ years’ experience in Global Markets Stress Testing/Forecasting Analytics role **Foundational skills*** • 4+ years of Banking and Financial Services experience with extensive knowledge of working in a Global Markets environment • Should have good understanding of financial markets, Derivatives & financial products across all asset classes -their valuation, risk etc. • Strong quantitative modeling skills and programming skills • Line experience coupled with a demonstrated ability to lead technology-based change • Proven experience of providing thought leadership to overcome challenges and lead without direct authority • Strong verbal and written communication skills, and the 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. **Desired skills** • R/Alteryx/Python/Tableau knowledge would be an added advantage with the most relevant being R • Must be proactive and be a highly-motivated self-starter • Takes initiative and challenges existing processes and procedures in a proactive manner • Ability to analyze issues independently and drive solutions • Analytical skills **Work Timings*** 12:00 PM IST to 21:00 PM IST **Job Location*** Hyderabad/Mumbai 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 . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.