Senior Analyst

Bank of America; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Bank of America in Mumbai is seeking a quality control analyst for Model Risk Management governance, process and data quality oversight. You will review compliance with policy and drive improvements with cross-functional teams.

The role requires 2–4 years of related experience, strong documentation, and collaboration skills to support risk control objectives in a fast-paced environment.

Qualifications

• Bachelor's or master’s degree in a relevant field.
• Experience in model risk management or risk/control roles is a plus.
• Strong analytical and communication skills.

Responsibilities

• Oversee end-to-end MRM framework activities and ensure they meet program requirements.
• Report findings to senior management and drive remediation actions.
• Educate and train teammates on common errors and best practices.

Skills

Time management

Attention to detail

Verbal communication

Written communication

Adaptability

Proactive testing

Education

BE/BTech/ME/MTech/MBA

Tools

MS Office (Excel/Access)

SQL

VBA

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

The Enterprise Model Risk Management (MRM) team, which is part of the Global Risk Management Organization, is responsible to provide monitoring, assessment and testing which facilitates independent oversight and challenge to models used for valuations, risk management, stress testing, underwriting and many other strategic and day‑to‑day decision‑making purposes in Front Line Units (FLUs) and Control Functions (CFs) in alignment with the Enterprise Model Risk Policy.

Job Description

This role is responsible for performing quality control analysis and reviews on Model Risk Management’s Governance, Process, and data quality requirements.

Responsibilities

Key responsibilities of the role include oversight of the end‑to‑end MRM Framework, spanning identifying that activities were performed in accordance with program requirements, reporting findings to senior management and working across teams to educate and train teammates on common errors and best practices.

Requirements

Education B. E./ B. Tech/ M. E./ M. Tech/MBA degree from reputed institutes. Certifications if any : NA Experience Range 2 – 4 years Foundational skills Ability to own and manage workload while meeting strict time adherence goals Ability to work in dynamic environment with minimal supervision Proactive identification of improving testing effectiveness Effective comprehension and listening skills Strong time management skills Attention to detail and accuracy, and strong organizational skills are essential. Must have excellent verbal and written communication skills Must display positivity and adaptability to change

Desired Skills

Candidates with good financial knowledge Work in high pressure environment and with attention to detail Expertise in MS Office products such as Excel, Access, VBA, SQL

Work Timings

Work Timings : 12:00 PM to 9:00 PM

Job Location

Job Location Mumbai

Company Culture

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi‑faced approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.