Assistant Manager

Bank of America
Gurugram
Workplace: OnsiteFull timeFunction: Administration & Executive AssistanceExperience: 3-5 yearsEducation: mastersSkills: ["Communication","Teamwork","Self-starting","Analytical thinking","Problem-solving"]

Design, deliver, and maintain data testing frameworks that independently assure the quality of risk calculations across asset classes (Rates, Commodity, Credit, FX, Equity). Build high-performance Python solutions on the bank’s Quartz platform, execute scheduled/ad hoc tests on large datasets, and investigate data issues and model anomalies. Produce data quality status updates for senior management while collaborating with Quant, Technology, and Risk teams to improve inputs, documentation, and data lineage.

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FursaFursa
Bank of America
Bank of America
1 month ago

Assistant Manager

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 18 days agoStatus: Live
Reposted: similar role first listed 2 months ago

Job Summary

Design, deliver, and maintain data testing frameworks that independently assure the quality of risk calculations across asset classes (Rates, Commodity, Credit, FX, Equity). Build high-performance Python solutions on the bank’s Quartz platform, execute scheduled/ad hoc tests on large datasets, and investigate data issues and model anomalies. Produce data quality status updates for senior management while collaborating with Quant, Technology, and Risk teams to improve inputs, documentation, and data lineage.
Location: Gurugram
Workplace: Onsite
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Manager level

Key Responsibilities

  • •Understand calculation requirements and implement robust testing frameworks to assess completeness and reasonableness of PVs, risk sensitivities, scenarios, VaR, and expected shortfall calculations.
  • •Execute scheduled and ad hoc tests on large datasets and analyze results to understand key drivers.
  • •Raise and investigate data issues and model anomalies impacting risk calculations.
  • •Collaborate with Quantitative, Technology, and Risk teams to resolve issues and improve risk calculation inputs, including market data and models.
  • •Enhance data accessibility and traceability via improved documentation and data lineage, and develop scalable high-performance code for timely daily test outputs.

Key Requirements

  • •Bachelor’s degree in a quantitative subject (engineering, mathematics, computer science, etc.) and postgraduate/masters in Finance, Mathematics, or another quantitative area.
  • •3–5 years of experience.
  • •Strong communication skills and the ability to work as a team player and self-starter.
  • •Analytical and problem-solving skills with experience performing data analyses.
  • •Experience in software development, data engineering and/or automation within financial markets (desired).
Experience:3-5 yearsFinancial markets
Education:Master's
Skills:CommunicationTeamworkSelf-startingAnalytical thinkingProblem-solving
Tech Stack:PythonQuartzFRTBFull Reval VaRVaR

Company Brief

Bank of America
One of the largest banking institutions in the United States, providing consumer and commercial banking, wealth management, investment banking, and financial services to individuals, businesses, and institutions globally.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1904
WebsiteLinkedIn