Data Scientist II - Product Owner

New York, New York;Charlotte, North Carolina

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. 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-faceted 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!

Job Description Details:

The Data and AI team within Global Payment Solutions at Bank of America is looking for a Data Science Product Owner (DSPO) that is a self-starter who can translate complex concepts and generate actionable insights.

Who we are:

The GPS Data and AI team drives and powers innovation within the one of the largest payment businesses in the world. We act as data science consultants to our business partners and clients across the organization, building end-to-end production level solutions at scale. At the core, the team is a collection of individuals that welcomes challenging problems, because that is where the learning begins. For many of our projects, we begin by hosting “think tank” like sessions with business teams to brainstorm and pinpoint opportunities where we can create traceable value through data and AI. Once a problem is sculpted and the solution framework is developed, we get together as a team and build.

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 GTS business. Some examples include:

• A revolutionary approach leveraging advanced statistical methods to identify the best product a client would likely want to hear about to increase their treasury efficiency

• 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:

We are a small team working towards massive goals. You will be responsible for wearing many hats:

• Data Scientist – Deep expertise in data science frameworks and methodologies

• Product Owner – Translate core business needs and drive requirements and design; Validate and test to ensure solution meets requirement/design

• Project Manager – Drive a project through to completion end to end; coordinate and manage all necessary teams / leads to drive forward progress while managing project and solution risks

• Product Manager – Work and communicate with stakeholders to understand core business needs

Additional 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

• As the DSPO, you will be responsible for the success and improvement of the tools 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 collect information on the Data Science team’s requirements through surveys, conversations, feedback sessions, and automated reporting

• You will work closely with Data Scientists to set technical strategy and prioritize development work

• Drive projects through to completion end to end following core principles of product development lifecycle and project management methodologies

Required Qualifications:

• Minimum of product management or consulting 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.)

• Take feedback and transform it into strategic action.

Desired Qualifications:

• Data visualization tools experience, such as D3.js, GGplot, and Matplotlib

• Graduate level degree in a quantitative field such as, computer science, math, and physics

Minimum Education Requirements: Bachelor’s degree in a quantitative field such as: computer science, math, and physics with coursework in data science or equivalent work experience.

Skills:

• Verbal Communication Skills

• Technical Design Skills

• Documentation Skills

• Critical Thinking Skills

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 and affirmative action, 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

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 .

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.