Senior Analyst

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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 ARQ supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Quantitative Modeling, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e. Mumbai, GIFT City, Gurugram, Chennai and Hyderabad. Job Description: The Data Science for Technology, Risk and Operations (DSTRO) team performs four key functions within the AI Model Development & Evaluation (AIMDE) space: AI Model Risk Assessment (AI MRA) Reviewing AI/ML models to identify and assess risks across areas such as model governance, privacy, compliance, algorithmic bias and fairness, explainability, adversarial vulnerabilities, data management, and regulatory requirements. AI Intracycle Monitoring Conducting periodic monitoring and assessment of AI models to ensure continued compliance with risk and governance standards. AI Document Review Performing detailed reviews of AI model documentation, ensuring completeness, quality, and alignment with Model Risk Management (MRM) requirements. Model Development Supporting development activities for GIS and other Global Risk Analytics (GRA) models, although this constitutes a smaller portion of the role. The primary focus of this position is on document reviews, AI risk identification, stakeholder engagement, and governance-related activities rather than hands-on model development. The successful candidate will be responsible for reviewing AI risk documentation, identifying AI-related risks across domains such as compliance, privacy, fairness, security, explainability, and adversarial threats, and providing constructive feedback to model development teams. In addition, the candidate will perform end-to-end reviews of Model Development Documents (MDDs), Ongoing Monitoring Reports (OMRs), and other governance artifacts to ensure they meet quality standards and are fit for submission to Model Risk Management (MRM). Responsibilities: Ability to extract and analyze data, understand business requirements, and translate into design, develop / enhance the codes and modelsSupports the planning related to setting quantitative work priorities in line with the banks overall strategy and prioritizationIdentifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validationSupports model development and model risk management in respective focus areas to support business requirements and the enterprise's