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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 the quarterly baseline and stress forecasts across various businesses within Global Markets. 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.
Job Description*
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.
The successful candidate will play a key role in the implementation, maintenance, production support, automation, and enhancement of Global Markets forecasting models and infrastructure. The position requires strong technical expertise in R programming, platform support, data management, analytics, and software development practices, along with an understanding of stress testing and forecasting processes within a Global Markets environment.
The role will partner closely with Forecast Analysts, Model Developers, and US-based stakeholders to ensure the reliability, scalability, and continuous improvement of the forecasting platform. The individual will also help drive modernization initiatives leveraging emerging technologies including GitHub Copilot, AI-assisted development, workflow automation, and analytics tooling.
Responsibilities*
Requirements*
Education*
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
Certifications If Any
• MCA / CFA / FRM / Qualified Certification certified candidates would be preferred
• Strong Programming Knowledge (R or Python) preferred
Experience Range*
6+ years with at least 2+ years’ experience in Global Markets Stress Testing/Forecasting Analytics role
Foundational skills*
Desired skills
Work Timings*
12:00 PM IST to 21:00 PM IST
Job Location*
Mumbai / Gurugram
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Manager at Bank of America.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Bank of America's application process for this role.