Consumer Behavior Modeler I

Job Description:

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!

Job Description:
This job is responsible for understanding statistical modeling requirements expressed in technical language and executing per a specified plan to a specified timeline. Key responsibilities include the ability to present and communicate facts clearly and accurately with manager and peers, examine and sanitize large data sets, build basic multivariate statistical models, format code clearly and produce correct and well-documented reports. Job expectations include knowing statistical assumptions and making logical inferences.

Responsibilities:

• Understands statistical modeling requirements expressed in a technical language and executes per a specified plan and timeline
• Builds basic multivariate statistical models and makes logical inferences of relevant statistical assumption
• Examines and sanitizes large amounts of data efficiently
• Communicates effectively with direct manager and peers
• Produces accurate documentation with clearly formatted code

Required Qualifications:

• Predictive Model Building
• Python coding
• Financial Services Exp. 

Desired Qualifications:

• 1+ years of directly relevant experience​
• Advanced degree in statistics or another heavy quantitative discipline

Skills:

• Data Mining
• Model Development
• Artificial Intelligence/Machine Learning
• Oral Communications
• Problem Solving
• Technical Documentation
• Business Acumen
• Innovative Thinking
• Presentation Skills
• Risk Modeling
• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)

Pay and benefits information

Pay range

$130,000.00 - $144,300.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.