Lead/ Senior Lead- Analytics – Retail Asset

Job Title: Lead/ Senior Lead- Analytics – Retail Asset

Grade: AVP/ DVP

Department: Retail Risk

Location: Mumbai- NOC (Goregaon)

Reporting To : VP – Analytics Retail Credit

Position Purpose

RBL risk Analytics team is a versatile team with exposure to all Retail asset areas of business. The incumbent will get an opportunity to interact with different stakeholders across the bank. We use varied analytical tools to analyse a problem, suggest feasible solution, implement the change, and then track its impact on business performance. RBL Analytics has a culture of challenging the status quo, constantly improving, and delivering high impact outcomes.

The selected candidate can expect to:
• Work in dynamic and fast paced work environment
• Use analytical techniques to help take strategic decisions across the customer lifecycle which lead to growth in revenue and / or reduction in losses for the bank
• Design, implement and track strategies through data driven insights
• Work for high growth businesses of RBL Bank –Retail Asset, Microfinance Loans

Position Responsibilities
• Identification of opportunities to mitigate risk and attain risk cost benchmarks as stipulated across portfolios
• Understand the basics of retail asset products like MFI, unsecured, secured, effectively manage the portfolio and provide meaningful insights to drive decision making
• Develop a comprehensive analytical framework to understand the behaviour of the portfolios (and customers) to predict defaults or bounces
• Identify segments/products with emerging risk trends. Evaluate risk-return trade-offs across different segments/products
• Evaluate existing policies & processes & recommend amendments in line with business goals & governance standards
• Develop risk scorecards for new and existing products, implement loss forecast models, validate their performance across different segments and products; and effectively use the forecast in portfolio management
• Collaborate across other functions (e.g. Credit, Business, Policy etc) to implement the analytical decisions
• Provide ongoing guidance to team members, ensure timely training and skills improvement in the team

Position Requirement

Essential
• MSc Statistics/ Economics, B.Tech/ B.E + MBA
• Possess 5+ years of work experience, preferably in Banks, NBFC’s, Fintechs
• Entrepreneurial and Collaborative approach – Ability to work with cross functional stakeholders across Business, Credit, Risk, Policy etc. and influence to drive desired outcomes

Core Competencies
• Knowledge of Statistics and Econometrics
• Quantitative Analysis / Statistical Modelling - Segmentation, Targeting, Offer Optimization and Channel Attribution across product lifecycle etc
• Use the following techniques– Regression (Logistic, Quantile, Multi-class), Machine Learning Algorithms, XGBoost, Decision Trees etc.
• Ability to work with large data sets
• Strong analytical bent of mind
• Strong communication skills – verbal and written (including report writing, presentations, etc)

Technical Skills
• Working knowledge of
• Languages such as SQL & R/SAS/Python
• Data Analytics
• Microsoft Excel/PowerPoint & Power Bi/ Tableau etc.
• Banking products and procedures

Interested students are requested to share their updated resume on harshvardhan.sharma2@rblbank.com with the following text in the subject line: [1223ANLYRA] Application for Lead/ Senior Lead- Analytics – Retail Asset