Jobs / Data Scientist

Data Scientist
Posted on: 21st August, 2019 | Closed

Skills Python
Experience 2-8 years exp
Cost to Company Best In Industry
Job Location Mumbai
Openings 15
How to apply Take a 10 days screening test organized by HDFC Bank.
  • Opening time: Sep 20, 2019 01:30 PM UTC
  • Closing time: Sep 30, 2019 01:30 PM UTC
Note: You can take the test anytime between the given duration

Analytics Unit:

  • Driving product risk strategy for all the 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, portfolio monitoring or Propensity Modelling- in order to ensure tangible benefits for the bank
  • Portfolio monitoring and analysis for the different loan& liability portfolios of the bank with the aim of supporting the policy/product units in the areas of sourcing and portfolio management
  • Cross-Selling of different products. The bank has 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 behaviour of these internal customers and customising loan offers to them from a risk perspective based on their profile and behaviour, and subsequently monitor these portfolios in order to incorporate further learnings into the selling strategy. This enables the bank to increases customer profitability and retention, besides bringing in new business at lower costs
  • To continuously evaluate the latest trends in the financial industry including "big data" technologies and chart out experimental or proof of concept projects. To adopt the latest trends wrt 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
  • R / Python

Additional Requirements:

  • Knowledge of Big Data will be added advantage
  • Education Qualification – MBA/Mtech/MSc , Masters in
  • Economics/Statistics/OR/Mathematics/Computer Science/Information Technology
About HDFC Bank

HDFC Bank, India's leading private sector bank, provides a wide range of financial products and services to over 43 million customers. It began operations in 1995 with a simple mission: to be a "World-class Indian Bank". With a single-minded focus on product quality and service excellence, the bank has emerged as a market leader in most of the segments in which it operates. HDFC Bank’s business philosophy is based on five core values: Operational Excellence, Customer Focus, Product Leadership, People and Sustainability.

Today HDFC Bank has a presence across thousands of Indian cities using multiple distribution channels. It has a physical network of over 5000 branches, of which 53% are in semi-urban and rural areas. There are 12,808 HDFC Bank ATMs across 2,666 cities and towns. Over the past 25 years, the bank has not only made a difference in the lives of its customers but also focused on various initiatives to contribute to India’s development. It offers banking and financial services to all income groups even in the most remote parts of the country. Through its Sustainable Livelihood Initiative, it has provided finance to more than 8.8 million Self Help Groups. It has also financed close to 1,50,000 MSMEs, which play a critical role in the economy.

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