Bank of America Corporation

Data Scientist II

Bank of America Corporation$165K — $246K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field (e.g., computer science, math, physics)
  • 3-5 years of data science experience in a technical environment
  • Proficiency with Excel and PowerPoint, with a desire to understand complex systems
  • Solid knowledge of data structures, algorithms, and substantial experience with Python
  • Ability to frame data science problems and understand machine learning algorithms (e.g., KMeans, boosting)
  • Strong critical thinking and feedback incorporation skills
  • Excellent verbal communication and technical documentation skills

Responsibilities

  • Identify opportunities for leveraging data to create business solutions
  • Drive strategic collaboration among teams to advance data science initiatives
  • Ensure success and improvement of applications supporting data science in GPS
  • Set long-term vision for product development in collaboration with data scientists
  • Prioritize development work and set technical strategies with other data scientists

Benefits

  • Access to industry-leading benefits
  • Paid time off
  • Resources and support for employee impact
  • Opportunities to contribute to sustainable business growth and community support
Full Job Description
Job Description:

What we're building:

The data science team (within GPS) is working on more than five projects that are driving/will drive significant impact across the GPS business. Some examples include:
  • A revolutionary approach leveraging advanced statistical methods to identify the best interest-rate or product price to provide to clients
  • A Generative AI powered "chatbot-like" search platform that enables sales and product teams to quickly find high quality answers to product, servicing, and client related questions
  • A comprehensive AI model that helps to move foreign currency conversion "up the payment stream" and away from the beneficiary banks
  • Applying advanced NLP techniques to generate near real-time insights into what clients are reaching out to servicing teams about, providing servicing teams with constant information on how they can better serve clients


Who we're looking for:

If you are passionate about working in cross-functional teams and utilizing your skills for technical product management, statistical analytics, predictive modeling, and generating revenue, consider applying to this role.

You will be responsible for a variety of challenging projects that require constant communication and collaboration with data engineers, data scientists and other internal teams. Utilizing extensive business and programming knowledge, you will help to tackle a variety of machine learning problems ranging from recommendation systems, stochastic optimization, and time series forecasting. You will also implement A/B testing and research emerging technologies, among other day-to-day duties.

Responsibilities:
  • Work with stakeholders throughout the organization to identify opportunities for leveraging internal and external data to drive business solutions
  • You will impact how teams strategically collaborate to drive the company forward and help create the future of data science within GPS
  • You will be responsible for the success and improvement of the aplications that support development, research, and data science in GPS (the "products"), help set long-term vision and strategy for selective products, and collaborate with Data Scientists to meet the needs of the "users"
  • You will work closely with other Data Scientists to set technical strategy and prioritize development work


Required Skills:

Strongly Preferred:
  • Bachelor's degree in a quantitative field such as: computer science, math, and physics
  • You have 3-5 years of data science experience working in a highly technical environment
  • Extensive experience with Excel and PowerPoint and an insatiable curiosity to understand how things work
  • Solid understanding of data structures and algorithms with substantial Python experience
  • Understanding of how to frame a data science problem and a high-level understanding of key machine learning algorithms (KMeans, boosting / bagging models, etc.)
  • Critical thinking skills; able to take feedback and transform it into strategic action
  • Strong verbal, communication, technical design and documentation skills


Desired Skills:

Nice to have:
  • Graduate level degree in a quantitative field such as, computer science, math, and physics
  • Experience with data visualization tools, such as D3.js, GGplot, and Matplotlib


Skills:
  • Agile Practices
  • Application Development
  • DevOps Practices
  • Technical Documentation
  • Written Communications
  • Artificial Intelligence/Machine Learning
  • Business Analytics
  • Data Visualization
  • Presentation Skills
  • Risk Management
  • Adaptability
  • Collaboration
  • Consulting
  • Networking
  • Policies, Procedures, and Guidelines Management


Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$165,000.00 - $246,200.00 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.

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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