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Job Analysis:
The Data Scientist role at Bank of America, situated within the Global Payment Solutions (GPS) Data and AI team, is fundamentally designed to harness advanced data analytics, machine learning, and generative AI to drive revenue growth, implement risk management strategies, and innovate business solutions. Beyond technical delivery, the role requires a strategic mindset to identify and frame business problems in collaboration with cross-functional stakeholders. Candidates must navigate complex, large-scale datasets, translating findings into actionable recommendations that influence product development, pricing strategies, and client servicing operations. The emphasis on generative AI and NLP highlights the cutting-edge nature of the work, where success depends on balancing deep technical expertise with strong communication and leadership skills to integrate solutions into broader business frameworks. The candidate will face challenges around ambiguity, requiring resilience and disciplined problem-solving in a fast-paced, innovation-driven environment. Performance likely hinges on the ability to generate measurable business impact through data-driven insights, optimize machine learning model deployment, and foster effective collaboration across data science, engineering, and business teams within GPS.
Company Analysis:
Bank of America stands as a dominant player within the financial services industry, with a clear strategic commitment to responsible growth driven by innovation and inclusion. Within this context, the GPS Data and AI team represents a forward-leaning segment of the firm focused on embedding AI at scale to transform payment solutions globally. The company culture emphasizes diversity, resilience, and accountability—key traits that align well with the demands of a data science role that pushes boundaries using emerging technologies like generative AI. The organization values ongoing learning, cross-team collaboration, and a mission-driven approach that supports both individual growth and community impact. Given the size and complexity of Bank of America, this role requires navigating a sophisticated, matrixed environment with visibility that can influence core business products and services. The strategic nature of this hire suggests an intent to accelerate innovation in payments through AI, making this an exciting opportunity for candidates who thrive at the intersection of technical mastery and business acumen, eager to contribute within a globally influential, yet continually evolving financial institution.