Job Information
Bank of America GCIB / GM KYC Quantitative Solutions in New York, New York
GCIB / GM KYC Quantitative Solutions
New York, New York;Charlotte, North Carolina
Job Description:
The Function
The Client Outreach team are the front line unit who work with clients as part of meeting Know Your Client (KYC) periodic refresh and remediation requirements. We work in close collaboration with Global Corporate and Investment Bankers and Global Markets Sales to support the Bank’s global regulatory and policy requirements as it relates Client Due Diligence (CDD) documentation collection, with support from Operations and Global Financial Crimes Risk teams.
The team identifies and develops client connections, engages client representatives to obtain KYC documentation, and acts as a coordination point for resolving issues/challenges with respect to client and country specific documentation requirements in a timely manner.
In addition to the ongoing document engagement, individuals within the team keep abreast of global regulatory change that could influence processes, and identify opportunities that enhance the client experience.
The Role
The KYC Client Outreach Quantitative Solutions team proactively identify opportunities that drive meaningful impact and enhance existing processes and related data needs.. The team values the intellectually curiosity and those who enjoy sharing their expertise to drive collaborative efforts to advance tools, technology, and ways of working to better serve our business partners.
Role Responsibilities
The candidate is expected to work closely with business partners to identify opportunities, gather requirements and successfully deliver solutions that result in cost savings, risk mitigation, regulatory compliance, business enablement and client engagement.
Collaborate with business partners to identify, design, develop, test, and maintain automation of business processes
Develop and maintain Dash web application with user friendly interface for workflow processing, data visualization and exploration and efficient reporting
Design and implement relational databases in Impala to effectively store and manage data
Develop optimal schemas for Impala tables based on query patterns and data characteristics
Integrate Dash applications with Impala to efficiently query and process large data sets
Implement and manage Oozie job schedulers for maintaining ETL processes to efficiently load, transform and distribute daily data
Employ agile development practices to develop effective business solutions based on the business needs
Required Skills
Education & Experience:
Bachelor’s degree required, Master’s or higher degree in Computer Science, Mathematics, Applied Mathematics, Statistics/Data Science, or related Quantitative experience preferred.
5+ years of working experience in process automation, data analysis, and/or ETL development with a focus on banking and financial services.
Domain Knowledge & Problem-Solving Skills:
Demonstrable experience in the banking industry, with a solid understanding of banking processes, financial regulations, and risk management principles.
Excellent problem-solving with a knack for identifying automation opportunities and designing efficient solutions.
Strong analytical and critical thinking skills to assess process efficiency and effectiveness.
Technical Expertise:
Advanced proficiency in Python with minimum 2 years of programming experience including data manipulation and analysis using libraries such as Pandas, NumPy, and SQLAlchemy.
Extensive experience with Dash framework for building web applications.
In-depth knowledge of Impala or other SQL-on-Hadoop query engines.
Understanding of web development concepts (HTML, CSS, JavaScript).
Proficiency in data visualization libraries (Plotly, Seaborn).
Solid understanding of database design principles and normalization.
Experience with ETL tools and processes and Apache Oozie or similar workflow management tools.
Understanding of Machine Learning and AI concepts is a plus.
Leadership & Interpersonal Skills:
Proven track record of managing and executing automation projects from initiation to completion, ensuring adherence to timelines and quality standards
Strives to bring new thoughts and ideas to drive innovation and implement unique solutions.
Exceptional communication and interpersonal skills to effectively drive collaboration with stakeholders across all levels of the organization.
Commitment to challenging the status quo and promoting positive change through automation.
Ability to present complex technical concepts in a clear and concise manner to both technical and non-technical audiences.
Shift:
1st shift (United States of America)
Hours Per Week:
40
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 and affirmative action, 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.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 .
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.
Bank of America
- Bank of America Jobs