1+ months

Data Scientist I- Safety Engineering

Charlotte, NC 28230
  • Jobs Rated
Data Scientist I- Safety Engineering

Charlotte, North Carolina

**Job Description:**

The Data Scientist will be responsible in assessing AI (Artificial Intelligence) solutions implemented across the bank (built internally or externally) to identify any risks which may have unintended consequences. Thereby, assisting Bank of America to follow principles of Responsible AI (Fairness/Equality/Justice, Privacy, Transparency etc)

+ Review, critical assessment and challenge of models on conceptual soundness, assumptions and limitations, data, developmental evidence in support of modeling choices, performance, implementation and documentation;

+ Understand the core methodology in AI solutions and the context in which it will be deployed so as to find risks/gaps

+ Develop efficient methodologies to detect and to quantify risks/gaps in AI solutions

+ Suggest alternative approaches or controls to mitigate risks/gaps identified

+ Develop and implement testing plans and testing code in order to challenge models through empirical analyses and to verify model implementation

+ Create metrics to quantify risks/gaps specific to each AI solution and define thresholds after consulting with all stakeholders

+ Monitor metrics for breach of thresholds

+ Look for unexpected risks / unintended consequences of an AI solution over its life cycle

+ Write technical reports for distribution and presentation to model developers, senior management, and audit


+ Ph.D/Masters/Bachelors degree in a quantitative field such as Mathematics, Physics, Finance, Engineering or Statistics.

+ 3+ years of professional experience as a Data Scientist or related roles.

+ Experience with Statistical Modeling/Machine Learning/Deep Learning techniques.

+ Background in one of these functions of Audit/ Model Risk Management/ Legal/Compliance is must.

+ Knowledge of financial instruments and financial risk management principles.

+ Knowledge of financial instruments and financial risk management principles is must.

+ Ability to understand and implement techniques discussed in AI research papers (academic and technical)

+ Candidates must have any of financial certifications like CFA, FRM (at least level 1/part 1 should have been cleared).

+ MBA is not must but preferred.


1st shift (United States of America)

**Hours Per Week:**


Learn more about this role

Full time


Manages People: No

Travel: Yes, 5% of the time


Talent Acquisition Contact:

Referral Bonus:

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 at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf .

To view the "EEO is the Law" Supplement, CLICK HERE at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.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 Americas Drug-free workplace and alcohol policy, CLICK HERE .


  • Banking / Finance

Jobs Rated Reports for Data Scientist

Posted: 2019-10-24 Expires: 2020-06-05

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.

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Data Scientist I- Safety Engineering

Bank of America
Charlotte, NC 28230

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