Kotak Mahindra Bank : Business Analyst

Brief Description of position:

Job Title :  

Depending on experience

Department :   Analytics CoE

Location : Mumbai


Kotak Mahindra Bank

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd (KMBL).

Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. For more information, please visit the Company’s website at www.kotak.com.

Analytics @ Kotak

Data is an integral part of Kotak Mahindra Bank – it is instilled in its DNA. Analytics is not just limited to the analytics team – but is important for each and every employee of the organization. This enables an efficient data-based discussion. Given the vital importance of analytics, Kotak Mahindra has structured around a centralized Analytics CoE team. The CoE has strong capabilities across the entire spectrum of the analytics function. 

Kotak Mahindra Bank is significantly augmenting its analytics team and provides an excellent platform to bright professionals having the right attitude.

The role – Business Analytics

Business Analysis is a core business function within the Analytics CoE. This role requires you to understand the changing business needs, evaluating the impact of these changes, and identifying & analyzing requirements. It will play an important part in ensuring that the data science team is able to meet and exceed the expectations of the Bank – giving tangible benefits to the business teams.

You will be required to document and facilitate communication among all the stakeholders involved. 

What would the work require you to do?

Responsible for supporting data driven intelligence and data analytics, optimizing the company’s ability to leverage data to drive business value, growth and efficiencies. To translate the data and numbers to make better business decisions. Develop a strong engagement with the business teams.

What are the key aspects required for the role?

A love and passion for playing with data. The role would give you access to diverse data coming from multiple domains and from multiple tools. You need to carry a passion to explore this data. You will guided by excellent mentor and train you in this journey. You will bring a keen desire to learn and explore. 

This includes a strong inclination towards analytics and statistics. Strong technical skills are a basic requirement. This has to be coupled with an inclination to solve customer problems and improve business processes. So the role is an integration of technical skills and business understanding.

You should be a quick learner, and a self-starter who is willing to take on challenges. It is extremely important for you to have the right attitude, and keep an eye for detail.

The Brass-tacks – what are the specific skills you should have?

The skills revolve around 3 key elements – ability to understand the requirements, ability to convert data into business strategy, and an ability to communicate your solutions to the stakeholders. 

Specifically,

  • Analytical Problem Solving capabilities
  • Excellent quantitative skills
  • Interpersonal and consultative skills
  • Excellent verbal and written communication proficiency
  • Ability to work with large datasets
  • Industry knowledge – stay updated with the best in class practices
  • Stakeholder Management
  • Preferred: Knowledge of softwares – SAS and SQL
  • Programming skills: Python and/or R
  • Collaboration – team player
  • Decent knowledge of SQL and/or Excel

 

Location
Mumbai
Maximum Work Experience:
20 years
Maximum CTC (in lakhs per annum):
200.0
Mandatory SkillSet:
Python, SQL.
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