Assistant Manager - B2C Underwriting Rural

Bajaj Finserv


Date: 3 weeks ago
City: Bhuj, Gujarat
Contract type: Full time
Location Name: Bhuj

Job Purpose

Risk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss, scenario analysis, forecasting, Stress Testing etc. Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default), EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting purpose.

This role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk. The role allows candidate work on areas such as Stress Testing, Expected Credit Loss, Macro Economic stress, Macro stress models/forecasting etc.

Duties And Responsibilities

 Build Stress Testing Framework and execute the same

 Develop, validate, and execute Stress Testing Tools and Stress Testing Engine

 Build, monitor, validate and track PD, LGD, EAD models for Stress Testing as per RBI guidelines

 Provide analytical solutions through statistical modeling, credit policy and strategy, reporting and data analysis for the BFL businesses

 Support any adhoc deep dive data analysis on portfolio metrices

 Support in Data analysis and segmentations.

 Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are build and implemented suitably

Key Decisions / Dimensions

Model build design

  •  Algorithms that should be used in model building
  •  Business interpretation of statistical models
  •  Model Monitoring results and it’s interpretation


Major Challenges

Updated on new statistical modeling methods

  •  Writing efficient SQL and Python queries
  •  Incorporate the regulatory changes, as and when announced
  •  Liasing with IT and other teams to get models implemented in the systems


Qualifications

Required Qualifications and Experience

  •  B-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)


Work Experience

  •  1-3 years relevant analytical experience in Model development, ML modelling, Forecasting, Segmentation and Clustering.
  •  Preferred Coding languages: SAS, SQL, R, Python.
  •  Classical statistical techniques: Regression, Logistic regression, Clustering, Dimensionality reduction techniques, Hypothesis testing.
  •  Experience in handling huge data base and the ability to do root cause analysis.
  •  Individual contributor with the capability to deliver projects within timeline
  •  Effective verbal and written communication skills

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Inside Sales (Gujarati) in Junagadh, Gujarat, Vadodara, Dwarka, Bhuj, Porbandar, Hyderabad, Ahmedabad, Bhavnagar, Jamnagar, Rajkot, Surat, Vapi, Gandhinagar, Anand

WeMakeScholars, Bhuj, Gujarat
2 hours ago
Key Responsibilities Work on being familiar with the underwriting criteria of our partner banks, which include SBI, BOB, ICICI, Axis Bank, HDFC, etc. Screen the education loan applications, advise students on the documentation, and coordinate with bank staff for smooth processing of the education loan Work on solving student's queries Manage the process starting from eligibility to the sanctioning of...

Engineer

KP Group, Bhuj, Gujarat
1 week ago
### Job Title: Civil Engineer - Solar Project#### Job Summary:We are seeking a skilled and experienced Civil Engineer to join our team and contribute to the development of solar power projects. The ideal candidate will have a strong background in civil engineering, with specific experience in renewable energy projects, particularly solar power. The Civil Engineer will be responsible for designing,...

Relocation BCBA - Paid Expenses

Lighthouse Autism Center, Bhuj, Gujarat
2 weeks ago
Job TypeFull-timeDescriptionAre you feeling like something is missing in your current BCBA position? At Lighthouse, you can say goodbye to the stress of administrative overload and hello to a role where you’re empowered to focus on making a difference in the lives of your learners. Let us help reignite your passion and bring the balance and fulfillment you’ve been seeking!We're...