Bank of America

Consumer Behavior Modeler

Bank of America

Charlotte, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Bank of America, a leading financial institution committed to providing exceptional services to our customers. We are currently seeking a highly motivated and analytical individual to join our team as a Consumer Behavior Modeler. As a member of our team, you will play a crucial role in developing and implementing data-driven strategies to better understand and predict consumer behavior. If you have a passion for data analysis and a strong understanding of consumer behavior, we encourage you to apply for this exciting opportunity.

  1. Develop and implement data-driven strategies to analyze and predict consumer behavior.
  2. Utilize advanced statistical and analytical techniques to create consumer behavior models.
  3. Collaborate with cross-functional teams to gather and analyze consumer data from various sources.
  4. Monitor and evaluate the effectiveness of consumer behavior models, making necessary adjustments and improvements.
  5. Stay up-to-date with industry trends and best practices in consumer behavior modeling.
  6. Present findings and recommendations to stakeholders and senior management.
  7. Conduct in-depth analysis of customer data to identify patterns and trends.
  8. Develop and maintain a deep understanding of customer segments and their behaviors.
  9. Regularly assess and report on the accuracy and performance of consumer behavior models.
  10. Work with business stakeholders to identify opportunities for improving customer experience and engagement.
  11. Develop and maintain documentation and guidelines for consumer behavior modeling processes.
  12. Collaborate with data scientists and data engineers to develop and optimize data pipelines for modeling.
  13. Maintain a high level of accuracy, attention to detail, and confidentiality when handling consumer data.
  14. Continuously strive to improve and enhance consumer behavior modeling techniques and processes.
  15. Act as a subject matter expert on consumer behavior and provide insights to inform business decisions.
Where is this job?
This job is located at Charlotte, NC, USA
Job Qualifications
  • Strong Analytical Skills: A Consumer Behavior Modeler At Bank Of America Should Possess Excellent Analytical Skills To Collect, Analyze, And Interpret Large Datasets To Identify Patterns And Trends In Consumer Behavior.

  • Proficiency In Statistical Modeling And Programming: The Job Requires The Candidate To Be Proficient In Statistical Modeling Techniques Such As Regression, Cluster Analysis, And Machine Learning. Knowledge Of Programming Languages Such As R, Python, And Sql Is Also Essential.

  • Understanding Of Consumer Behavior Principles: The Candidate Should Have A Strong Understanding Of Consumer Behavior Theories And Principles, Such As Decision-Making Processes, Motivations, And Attitudes, To Develop Accurate Models.

  • Experience In Market Research And Data Mining: Prior Experience In Market Research And Data Mining Is Crucial For A Consumer Behavior Modeler At Bank Of America. The Candidate Should Be Able To Identify Relevant Data Sources And Extract Insights To Drive Business Decisions.

  • Communication And Presentation Skills: As A Part Of The Job, The Candidate Will Be Required To Communicate Complex Data And Insights To Non-Technical Stakeholders. Excellent Communication And Presentation Skills Are Essential For Effectively Conveying The Results Of The Models To Different Teams Within The Organization.

Required Skills
  • Financial Analysis

  • Data Analysis

  • Market Research

  • Marketing

  • Trend Analysis

  • Data Mining

  • Statistical modeling

  • Predictive modeling

  • Customer segmentation

  • Consumer behavior

  • consumer insights

  • Customer Profiling

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • self-motivation

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Consumer Behavior Modeler in Charlotte, NC, USA is between $60,000 and $120,000 per year. This can vary depending on the specific company, industry, and level of experience of the individual.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 10th, 2024
Apply BeforeMay 22nd, 2025
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About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

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