Bank of America Corporation

Data Scientist I

Bank of America Corporation$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in a quantitative field such as Data Science or Computer Science.
  • 1+ years of experience in data science, machine learning, or related fields (includes internships).
  • Strong analytical, problem-solving, and communication skills.
  • Ability to communicate technical solutions to business needs effectively.
  • Experience with agile environments and project management tools like Jira.

Responsibilities

  • Perform business analytics to support data-driven decision-making.
  • Utilize advanced techniques for data analysis and trend recognition.
  • Create and maintain documentation for analytical solutions and requirements.
  • Manage multiple priorities while ensuring timely delivery of quality outputs.
  • Deliver presentations to communicate complex analysis to stakeholders.
  • Identify potential risks and develop mitigation strategies.
  • Research advancements in data science and AI for enhanced analytics.

Benefits

  • Flexibility and resilience in the workplace.
  • Opportunities for professional development in data science and AI.
  • Engagement with a collaborative, cross-functional team.
  • Access to cutting-edge tools and technologies in the field.
Full Job Description

Job Description:
This job is responsible for analyzing and interpreting large datasets to uncover potential revenue generation opportunities and develop effective risk management strategies. Key responsibilities include collaborating with key stakeholders to comprehend business problems, utilizing data gathering and analysis techniques to devise solutions, and presenting recommendations based on the findings. Job expectations include demonstrating flexibility, resilience, accountability, a disciplined approach, and a commitment to fostering responsible growth for the enterprise.

Responsibilities:

  • Performs business analytics, which includes data analysis, trend identification, and pattern recognition, using advanced techniques (e.g., machine learning, text mining, statistical analysis, etc.) to support decision-making and drive data-driven insights

  • Applies agile practices for project management, solution development, deployment, and maintenance

  • Creates and maintains technical documentation, capturing the business requirements and specifications related to the developed analytical solution and its implementation in production

  • Manages multiple priorities and maintains quality and timeliness of work deliverables such as quantitative models, data science products, data analysis reports, or data visualizations, while exhibiting the ability to work independently and in a team environment

  • Delivers engaging presentations and engages in both in-person and virtual conversations that effectively communicate technical concepts and analysis results to a diverse set of internal stakeholders, and develops professional relationships to foster collaboration on work deliverables

  • Mitigates risk by identifying potential issues and developing controls

  • Researches the latest advances in the fields of data science and artificial intelligence to support business analytics

Overview of Global Risk Analytics: 
Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM), responsible for developing a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management and reporting across the bank. GRA is also responsible for model implementation, execution, forecasting and performance monitoring. The team drives innovation, process improvement and automation across these activities. 

Overview of Data Science for Technology, Risk and Operations:
Data Science for Technology, Risk, and Operations (DSTRO) enables the Bank's responsible adoption of Artificial Intelligence (AI) through governance, model oversight, model development, and enterprise data engineering. By providing AI and model risk governance, AI-driven solutions, and critical transaction data assets, DSTRO delivers the controls, infrastructure, and insights needed to strengthen risk management, enhance operational effectiveness, and drive enterprise value.​


Team Overview: 

The Data Science for Technology, Risk, and Operations (DSTRO) Innovations team leverages Artificial Intelligence, Large Language Models (LLMs), and advanced analytics to improve efficiency and effectiveness across Global Compliance and Operational Risk, Global Risk Analytics, and broader risk and technology domains. The team focuses on automation, model support and governance, and innovative solutions that enhance risk management and operational processes."

Role Description:
As a Data Scientist I, you will support the development and deployment of data science, machine learning, and AI-driven solutions that address key business challenges across the enterprise. You will work on a variety of automation, analytics, and modeling initiatives while partnering with stakeholders across Global Risk Analytics (GRA), Global Technology, Global Compliance & Operational Risk (GCOR), and other business teams.

This role provides an opportunity to apply Large Language Models, machine learning techniques, and modern software engineering practices to real-world business problems. The successful candidate will contribute to the design, development, testing, and deployment of data science and AI solutions that deliver measurable business impact across risk, compliance, and technology organizations.

Required Qualifications:

  • Bachelor's or Master's degree in Data Science, Computer Science, Statistics, Mathematics, Engineering, or a related quantitative field.

  • 1+ years of experience applying data science, machine learning, analytics, or automation techniques to solve business problems (including internships or equivalent experience where appropriate).

  • Strong analytical, problem-solving, and communication skills.

  • Ability to work effectively in a cross-functional environment and translate business requirements into technical solutions.

  • Experience managing multiple priorities and delivering quality work in a fast-paced environment.

  • Experience working in Agile delivery environments and using project management tools such as Jira.

Required Technical Skills:

  • Experience developing solutions using Python and SQL.

  • Experience with Large Language Models (LLMs) and associated frameworks and tools, including: (1) LangChain, (2) Model Context Protocol (MCP), (3) Retrieval Augmented Generation (RAG), (4) Vector databases, and (5) LangGraph

  • Experience with Git and modern software development practices.

  • Experience working with CI/CD pipelines and version control workflows.

  • Strong analytical, problem-solving, and communication skills.

  • Ability to work effectively in a collaborative, cross-functional environment

Desired Skills:

  • Experience with machine learning frameworks such as scikit-learn, PyTorch, or TensorFlow.

  • Experience building GenAI applications, copilots, agents, or workflow automation solutions.

  • Familiarity with model governance, model risk management, or AI governance frameworks.

  • Experience working with REST APIs, microservices, and enterprise application integration.

  • Experience with software testing, code reviews, and development best practices.

  • Experience in financial services, risk management, compliance, audit, or operational processes.

  • Experience using modern AI development tools such as GitHub Copilot and VS Code

Skills:

  • Adaptability

  • Attention to Detail

  • Business Analytics

  • Technical Documentation

  • Written Communications

  • Agile Practices

  • Application Development

  • Collaboration

  • Data Visualization

  • DevOps Practices

  • Artificial Intelligence/Machine Learning

  • Networking

  • Policies, Procedures, and Guidelines Management

  • Presentation Skills

  • Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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