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61 Bank of America Jobs

Manager

8-17 years

₹ 15.7 - 29.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai, Gandhinagar, Hyderabad / Secunderabad

1 vacancy

Manager

Bank of America

posted 1mon ago

Job Description

Building out Strategies, Analytics & Process Integration team in India driving improved fraud detection & loss reduction
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).
  • Candidates need to work on any of the given products - Credit Card / Debit Card / Deposit / Check /Reporting / ATO/New Accts/Digital
Requirements
  • Advanced degree, preferably in Statistics/Mathematics, Computer Sciences, Engineering from a premier institute
  • Certifications If Any
  • Technical certifications in SAS, SQL preferred
  • 6 + years of relevant experience using SAS, SQL data analytics
  • U.S financial services experience preferable
  • Understanding of business domains like BFSI/Fraud/Compliance/Risk preferable
Foundational skills
  • Bachelor s degree is required, preferably in a quantitative discipline such as mathematics, statistics, operations research, engineering, computer science, finance or business. Post graduate degree is a plus.
  • 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 6 + years of relevant experience in data analytics and strategy. 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: 12:30 PM to 9:30 PM
Location: Mumbai/Gift City (Ahmedabad)/Hyderabad

Employment Type: Full Time, Permanent

Read full job description

Bank of America Interview Questions & Tips

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Top Bank of America Manager Interview Questions

Q1. Beautiful String Problem Statement Given a binary string STR containing either '0' or '1', determine the minimum number of operations neede ... read more
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What people at Bank of America are saying

4.2
 Rating based on 95 Manager reviews

Likes

Culture, team, salary, other benefits, office space

  • Salary - Excellent
  • +5 more
Dislikes

Too much compliance work and worst transportation, applications are old & slow

Read 95 Manager reviews

Manager salary at Bank of America

reported by 978 employees with 5-18 years exp.
₹11.5 L/yr - ₹38 L/yr
55% more than the average Manager Salary in India
View more details

What Bank of America employees are saying about work life

based on 3.1k employees
65%
87%
81%
77%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Bank of America Benefits

Free Transport
Cafeteria
Health Insurance
Gymnasium
Soft Skill Training
Job Training +6 more
View more benefits

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