Bank of America Hiring Analyst GBS in Mumbai | ₹4 LPA

About Us

At Bank of America, the goal is to help make financial lives better through the power of every connection. The company drives Responsible Growth and delivers for its clients, teammates, communities and shareholders every day.

Being a Great Place to Work and offering a culture of caring is central to Responsible Growth. Bank of America works to build an inclusive workplace where every teammate can succeed, build a career and contribute to shared success, with competitive, flexible benefits that support physical, emotional and financial wellness.

The company values people from all backgrounds and career paths, including those shaped by military service, community college education and varied work and life experiences. Bank of America is committed to an in-office culture that supports collaboration, engagement and career development, with flexibility based on role responsibilities and business needs.

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions through a centrally managed, globally integrated delivery model and globally resilient operations. In India, it operates through BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation, across five locations.

Process Overview

The Enterprise Model Risk Management (MRM) team sits within the Global Risk Management Organization. It monitors, assesses and tests models used for valuations, risk management, stress testing, underwriting and other strategic and daily decisions in Front Line Units (FLUs) and Control Functions (CFs), in line with the Enterprise Model Risk Policy.

Job Description

This role performs quality control analysis and reviews of Model Risk Management governance, process and data quality requirements.

Responsibilities

The role oversees the end-to-end MRM Framework, checking that activities follow program requirements, reporting findings to senior management and working across teams to train teammates on common errors and best practices.

Foundational Skills

• Owning and managing workload while meeting strict time goals
• Working in a dynamic environment with minimal supervision
• Proactively identifying ways to improve testing effectiveness
• Effective comprehension and listening skills
• Strong time management and organizational skills
• Attention to detail and accuracy
• Excellent verbal and written communication skills
• Positivity and adaptability to change

Desired Skills

• Good financial knowledge
• Working well in a high pressure environment with attention to detail
• Expertise in MS Office products such as Excel, Access, VBA and SQL

Work Timings

12:00 PM to 9:00 PM