HDFC Bank : CRAIN-Data Scientist

Brief Description of position:

Job Name – CRAIN-Data Scientist PA (Business Unit) : CRAIN

Job Title : (Job Name) – CRAIN-Data Scientist
Business Unit (PA) : Credit Analytics and Innovation
Team : (Sub team in the PA) Credit Analytics and Innovation
Reports to (job) : Team Lead – CRAIN
Location of role : Mumbai / Chennai / Bangalore / Gurgaon
Job Fn : Credit
Role Type: Individual Contributor
No of direct reportees: 0
Travel Required: No


Job Purpose

Looking for exceptional Data Scientist with a proven track record of experience in Predictive analytics.


Job Responsibilities(JR) : 6 – 8 Areas Actionable (4-6)
  •  Scorecard Building and Modelling  
  • Developing analytical models to assess risk profile of a customer / identifying cross-sell opportunities/fraud control for new and existing customers

  • Responsible for development and deployment of various scorecards / models for the credit risk / Retail asset products of the Bank within the specified timelines. Ensure the deployment also is line with Bank’s strategies so as to gain maximum efficiencies.

  • Estimate probability of default arising out of the scorecards and monitor deviation from expected default rates.

  • Monitor portfolio and identify pockets of opportunity for business growth and risk alerts to control NPAs. Communicate these alerts to the respective owners and follow-up for closure

  • Formulating data cuts and strategies to assess credit risk for new and existing customers of the Bank. Give feedback to stakeholders to improve the usage of the models

  • Develop novel approaches/algorithms in Risk modeling to constantly improve the operational efficacy of current models and its impact to stake holders

  • To adopt the latest trends wrt fintech companies by applying the best-in-class financial models, risk strategies

  • To work on various aspects related to automation of scorecards in Analytics domain.

  • Explore data available within the Banks ecosystem but not used currently to meet the above stated business objectives
  • Innovation
  • Thinking, evolving and making significant changes
    in the processes, techniques, methods so as to save
    time, energy and money.

  • Any other assignments depending on the needs of the organization


Educational Qualifications Key Skills
  • MCA/MTech/MSc Statistics or Economics/BTech/MBA or equivalent in Computer science/Statistics or related areas with strong inclination towards machine learning algorithms is preferred
  • Excellent problem solving capabilities with strong fundamentals in computer science

  • Strong technical & analytical skills

  • Hands-on experience in data wrangling (ETL), feature engineering, building and deploying scalable machine learning algorithms

  • Strong written and verbal communication skills

  • Excellent knowledge of current trends in the field of machine learning/analytics field


Experience Required

  • Experience of 2+ years in analytics/predictive modeling/machine learning
  • Experience of 2+ years in Python/R in building as well as deploying scalable analytics based models
  • Exposure to banking preferable


Major Stakeholders (intra team and cross functional stakeholders, who would need to be interacted with for
discharging duties)

  • Credit Policy
  • Underwriting
  • Process
  • Fraud Control
  • Product
  • Credit Bureaus
  • Third Party Analytics Service Providers
  • IT
  • Legal
  • Information Security
Minimum Work Experience:
2 years
Maximum Work Experience:
20 years
Minimum Qualification:
Maximum CTC (in lakhs per annum):
Mandatory SkillSet:
Python, Machine Learning.


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