Assistant Manager - B2C Underwriting Rural

Bajaj Finserv


Date: 23 hours 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

Sr. Engineer

KP Group, Bhuj, Gujarat
1 week ago
Job Title: Civil Engineer - Solar ProjectsJob Overview: The Civil Engineer will be responsible for planning, designing, and supervising civil construction activities for solar power projects. This role includes site analysis, material selection, construction management, and ensuring compliance with safety and quality standards. The Civil Engineer will coordinate with cross-functional teams to ensure timely and cost-effective project completion.Key ResponsibilitiesDesign and...

Manager

KP Group, Bhuj, Gujarat
3 weeks ago
Key ResponsibilitiesProject Planning & Execution:Lead the execution of Ground-Mounted Solar Power Projects from feasibility to commissioning.Develop project schedules, budgets, and risk mitigation plans to ensure timely and cost-effective project delivery.Coordinate with design, procurement, construction, and quality teams to streamline project workflows.Ensure compliance with local and national regulatory requirements, including environmental and safety norms.Engineering & Technical OversightEnsure quality assurance and control...

BCBA (Paid Relocation)

Lighthouse Autism Center, Bhuj, Gujarat
4 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...