HDFC Bank

OPENS AT: Oct 04, 2018, 07:30 AM

CLOSES AT: Nov 14, 2018, 12:30 PM

DURATION: 41 days 5h

HDFC Bank Machine Learning Hiring Challenge

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ABOUT CHALLENGE

HDFC Bank is a young and dynamic bank, with a youthful and enthusiastic team determined to accomplish the vision of becoming a world-class Indian bank. 

 

Register right away if you want to be a part of this team!  

 

Note: In this challenge, you will be given a real business ML application scenario to be solved in 31 days. The participants with top submissions will be identified to interview with HDFC for career opportunities. We request you to read more about the role and challenge format in the JD & Guidelines section respectively. 

OPEN POSITION

Data Scientist
Experience: 1-5 years
CTC: Best In Industry
Job Location: Mumbai
Openings: 5

Analytics Unit:

  1. Driving product risk strategy for all the Retail asset products of the Bank with the help of segmentation, statistical/financial models. Advanced models would need to be developed with the relevant business units. The unit is also responsible for ensuring the successful deployment of these models - whether it is with front end credit appraisal, collections strategy, fraud risk or portfolio monitoring- in order to ensure tangible benefits for the bank.

  2. Portfolio monitoring and analysis for the different loan portfolios of the bank with the aim of supporting the policy/product units in the areas of sourcing and portfolio management. Also, forecasting for credit losses from each of the products to aid in budgeting.

  3. Cross - Selling of different products. The bank has a large base of retail customers across its assets and liability products. Cross- Selling of products to the existing customers forms an important part of the bank's strategy. The unit is responsible for studying behavior of these internal customers and customizing loan offers to them from a risk perspective based on their profile and behavior, and subsequently monitor these portfolios in order to incorporate further learnings into the selling strategy. This enables the bank to increase customer profitability and retention, besides bringing in new business at lower costs.

  4. To continuously evaluate latest trends in the financial industry including "big data" technologies and chart out experimental or proof of concept projects. To adopt the latest trends with regards to fintech companies by applying the best-in-class financial models, risk strategies. Apart from working within the Retail Asset products, the Analytics unit works with the Wholesale divisions of the Bank and also with allied functions in the Bank such as Audit & Compliance, Human Resources, Financial Control Department, Subsidiaries of the Bank.

Skills Required:

· Quantitative and analytical skills.

· Good understanding of statistical concepts, as the analysts would be working closely with the stats modelers.

· High degree of motivation and drive, as the analysts would be responsible for end-to-end implementation from the data gathering stage all the way to deployment and measurement of results.

· Strong Interpersonal / Communication Skills. The analysts would be interfacing with different units of the bank including Finance, IT besides the different business groups and must have the ability to effectively work alongside them in order to bring different projects to fruition.

· Willingness to learn and strong grasping skills. The analysts would be engaged with multiple functions, products and systems for fixed periods of time and must have the ability to quickly understand the key concepts and their impact and incorporate these learnings into their work.

· SAS / R / Python / Knime

· Knowledge of Big Data will be added advantage

Education Qualification – MBA/Mtech/MSc, Masters in Economics/Statistics/OR/Mathematics/Computer Science/Information Technology

ABOUT COMPANY

HDFC Bank's mission is to be a World Class Indian Bank. The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of...

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GUIDELINES

 

  • This is an individual-participant challenge.

  • After you have built your application, you must do the following:

    • Submit the solution in .zip format

    • ...
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