Data Analyst-Wholesale Banking

IDFC FIRST Bank
Thane, Maharashtra, India

Job Requirements

About the Role

The Data Analyst will be a key contributor within the Data& Analytics team, responsible for designing and applying analytical techniques to solve business problems and support strategic decision-making. This role involves working with complex datasets, developing innovative solutions, and applying advanced computational methods to deliver actionable insights. The analyst will also play a critical role in testing and validating analytical models and ensuring alignment with business goals.

Key Responsibilities

Primary Responsibilities

  • Identify and scope business requirements and priorities through structured information gathering and analysis.
  • Design and apply analytics techniques to address current and future business needs.
  • Demonstrate a robust understanding of data structures and fields required for effective analysis.
  • Map analytical frameworks to available data sources to ensure alignment with business objectives.
  • Collect, clean, and organize data from multiple sources to ensure accuracy and reliability.
  • Conduct statistical analysis and create visualizations to present findings in a clear, actionable manner
  • Support ongoing monitoring of business performance through regular reporting and ad-hoc analysis.
  • Develop test strategies and systematic procedures to validate solution performance and accuracy.
  • Select and apply algorithms and advanced computational methods to enable systems to learn, adapt, and deliver desired outcomes.
  • Approach problems with creativity and develop innovative, data-driven solutions.
  • Challenge existing processes to drive continuous improvement and operational efficiency.
  • Maintain a strong focus on goal achievement and follow through on initiatives.
  • Understand the broader business context and how data-driven decisions impact overall outcomes.

Secondary Responsibilities

  • Approach existing problems with fresh perspectives and develop innovative solutions.
  • Challenge the status quo to drive continuous improvement and positive organizational impact.
  • Demonstrate strong ownership and follow-through to achieve goals and objectives.
  • Recognize complex interrelationships among business activities and understand the broader business impact of decisions.
  • Maintain awareness of how individual contributions align with the larger vision of the Bank.

What We Are Looking For

Education

  • Graduation: B.Sc (Bachelor of Science) or B.Tech (Bachelor of Technology) or BCA (Bachelor of Computer Applications)
  • Post-Graduation: M.Sc (Master of Science), M.Tech (Master of Technology) or MCA (Master of Computer Applications) or MA Economics/Stats

Experience

  • 2+ years of relevant experience in data analysis, algorithm development, and computational modeling.
  • Exposure to business analytics and working with cross-functional teams.

Skills and Attributes

  • Proficiency in analytical tools and techniques.
  • Strong understanding of data structures and analytical frameworks.
  • Ability to think innovatively and challenge conventional approaches.
  • Strong drive to complete tasks and deliver results.
  • Strategic mindset with an understanding of the broader business context.
  • Ability to contribute meaningfully to the organization’s vision and goals.

Key Success Metrics

  • Effective use of analytical tools.
  • Quality and impact of business cases and data analyses delivered.

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