HDFC Bank

HDFC Bank is hiring Data Scientist in Mumbai

December 24, 2024
chandan

Introduction

HDFC Bank is hiring a Data Scientist to join its Credit Analytics and Innovation team in Mumbai. This is a fantastic opportunity for data professionals with a strong background in predictive analytics to contribute to critical risk assessments and drive business growth. In this role, you’ll leverage cutting-edge machine learning algorithms to develop models that assess customer risk profiles, identify cross-sell opportunities, and help mitigate fraud. If you’re ready to bring your expertise to the banking sector, this position offers an exciting career path with impactful outcomes.

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About HDFC Bank

HDFC Bank is one of India’s leading private sector banks, offering a wide range of financial services. With a commitment to technological innovation, HDFC Bank focuses on delivering superior customer experiences while maintaining a strong regulatory framework. The bank continues to grow its business across various segments and is looking to expand its team with talented individuals who bring advanced data analytics skills to the table.

Job Role and Responsibilities

The Data Scientist at HDFC Bank will play a key role in the Credit Analytics and Innovation vertical. Here are the core responsibilities:

  • Scorecard Building and Modelling: Develop and deploy predictive models for credit risk and retail asset products.
  • Risk Assessment: Use data to assess customer risk profiles, forecast default probabilities, and control fraud.
  • Portfolio Monitoring: Monitor loan portfolios, identify growth opportunities, and generate alerts for risk management.
  • Model Innovation: Continuously enhance existing models and develop new algorithms to improve operational efficiency.
  • Data Exploration: Explore untapped data within the bank’s ecosystem to support business goals and refine models.
  • Automation: Focus on automating scorecard processes and improving analytics workflows.

Educational Qualifications and Skills

The ideal candidate for the Data Scientist role at HDFC Bank should possess the following qualifications and skills:

  • Educational Background: MCA, MTech, MSc in Statistics, Economics, BTech, MBA, or related fields.
  • Machine Learning Knowledge: Strong inclination towards machine learning algorithms, data wrangling, and predictive modeling.
  • Technical Skills: Proficiency in Python/R and hands-on experience with scalable analytics models and feature engineering.
  • Analytical Thinking: Strong problem-solving skills with a deep understanding of data analysis and model development.
  • Communication: Excellent written and verbal communication skills to present complex data insights clearly to stakeholders.

Required Experience

To excel in this role, candidates should have the following experience:

  • 2+ years in analytics, predictive modeling, or machine learning.
  • Experience building and deploying scalable analytics models using Python or R.
  • Exposure to the banking industry, particularly in areas related to credit risk management, is a plus.

Key Stakeholders

As a Data Scientist, you will collaborate with the following internal and cross-functional teams:

  • Credit Policy
  • Underwriting
  • Fraud Control
  • Product Teams
  • Credit Bureaus
  • Third Party Analytics Service Providers
  • IT, Legal, and Information Security Teams

How to Apply

If you meet the qualifications and are excited about contributing to the future of banking through data science, apply now for the Data Scientist position at HDFC Bank. Visit the HDFC Bank career portal to submit your application and take the first step toward a rewarding and impactful career.

Conclusion

The Data Scientist role at HDFC Bank presents an excellent opportunity to leverage your expertise in predictive analytics to drive business innovation and risk management in the banking industry. With a dynamic work environment, a focus on cutting-edge technology, and the chance to make significant contributions, this role offers immense growth potential. Apply today and become part of a forward-thinking team at one of India’s leading banks.