Consumer Behavior Modeler

Bank of America; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Consumer Behavior Modeler to drive impactful marketing strategies through advanced modeling techniques. This role involves developing Marketing Mix Models, utilizing Python for data analysis, and effectively communicating insights to stakeholders. The ideal candidate will have a strong background in statistical modeling, a passion for problem-solving, and the ability to work both independently and as part of a team. Join a dynamic workplace that values inclusivity and offers opportunities for professional growth while making a significant impact in the financial sector.

Qualifications

• 3-7 years of modeling experience, preferably in Marketing Mix Modeling.
• Advanced Python programming skills with proficiency in modern modeling methods.

Responsibilities

• Develop Marketing Mix Models and monitor their performance.
• Effectively communicate model results to stakeholders and incorporate feedback.

Skills

Artificial Intelligence/Machine Learning

Data Mining

Model Development

Problem Solving

Risk Modeling

Analytical Thinking

Business Acumen

Oral Communications

Technical Documentation

Written Communications

Critical Thinking

Decision Making

Innovative Thinking

Presentation Skills

Education

Advanced degree in statistics

Equivalent work experience in quantitative disciplines

Tools

Python

Job description

Consumer Behavior Modeler

Charlotte, North Carolina;Richmond, Virginia; Chandler, Arizona; Wilmington, Delaware; New York, New York

**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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

**Job Description** :

Responsible for creating technical plans from requirements expressed in a non-technical language and delivering significant components of large projects or full smaller projects. Effectively structures communication and communicates with influence and nuance outside of immediate team. Often manages planning, technical, team, and relationship needs of projects. Creates approaches to solving business problems and is very familiar with the business components that guide problem selection. Is a team expert in some relevant class of models and runs models through their entire lifecycle.

**Key Responsibilities:**

+ Develop Marketing Mix Models using appropriate statistical approaches; draw inference and conclusion based on model results

+ Effectively articulate the model results to stakeholders, properly incorporate business feedback into the model

+ Regularly monitor the model performance, recalibrate/redevelop the model as needed

+ Document the model development process and model changes with internally required standard

+ Understand nuanced communication; adjust to the tone of the room; effectively structure communication; speak clearly and effectively to multiple stakeholders including skip-level manager; manage technical aspects of projects

+ Understand the structure and purpose of our work streams; learn how our business clients work; plan parts of projects and keep track of relevant details

+ Independently derive the correct lessons from raw data; balance well the competing needs of the model development lifecycle

+ Master the standard capabilities of Python

+ Write efficient computer code using white space, comments, indentation, arrays, control blocks, and modularization

+ Build datasets from complex data warehouses

**Skills** :

+ Artificial Intelligence/Machine Learning

+ Data Mining

+ Model Development

+ Problem Solving

+ Risk Modeling

+ Analytical Thinking

+ Business Acumen

+ Oral Communications

+ Technical Documentation

+ Written Communications

+ Critical Thinking

+ Decision Making

+ Innovative Thinking

+ Presentation Skills

**Required Qualifications** :

+ 3-7 years of modeling experience; direct experience in Marketing Mix Modeling is strongly preferred

+ Advanced Python programming skills

+ Proficient in modern modeling methods

+ Demonstrated ability to speak and write clearly and concisely to convey complex data to a non-technical audience

+ Demonstrated ability to work effectively both in a team environment and independently

+ Self-motivation, self-direction, organizational skills, and the ability to manage multiple priorities without sacrificing quality or timelines

+ Understand important parts of our data flows

**Minimum Education Requirement:** Advanced degree in statistics or related field, such as econometrics, engineering, applied mathematics, the applied sciences, or other heavily quantitative disciplines or equivalent work experience

_For internal employees; participation in a work from home posture does not make you ineligible to post_

**Shift:**

1st shift (United States of America)

**Hours Per Week:**

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notic...) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.