Job Description

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About Business Intelligence Unit:

The BI Unit drives data based decisions within the bank. Reporting in to Head Banking Operations and Transformation, this department works with all businesses of the bank including retail, small business and corporate to drive analytics. In terms of functions, the department has teams focused on all aspects of analytics for the bank including risk analytics, financial crime analytics, business and marketing analytics, building predictive scores, data engineering and business reporting.

What does Alternate Data team do:

High senior-leadership visibility team working on projects that are slated to power the future growth engine of the Bank beyond conventionally tapped sources. Young, energetic and dynamic squad devoted to building and activating Alternate Data information asset frameworks for the Bank using innovative sources like Satellite Images, Telecom Usage, Utility Payments, Socio-Economic parameters, Geo-location characteristics, Employer attributes, Account Aggregator data etc. and Income Estimation and Risk Categorization Models to effectively manage and continuously grow 4 Cr+ customer book via multiple channels and partnerships, especially in the digital realm.

Vision of the Alternate Data team:

Create best-in-class Alternate Data asset frameworks and Models to enhance Credit Risk Assessment Capabilities on traditionally information-thin customer profiles like New-To-Credit, New-To-Bank and Rural individuals. Leverage cutting-edge Cloud-based Technologies and Infrastructure to deploy the same for successful real-time implementations leading to tangible and significant Business Impact pan-Bank.

for Alternate Data Team (Senior Manager):

• Conceptualize, design and plan analytical frameworks as per multiple use cases and drive modules effectively to manage delivery timelines
• Break-down complex, abstract problems into clearly defined smaller objectives and propose and communicate findings and solutions lucidly for the same.
• Experiment with various analysis tools and statistical techniques to obtain improved outcomes while seeking and incorporating regular feedback
• Communicating with and influencing internal cross-functional stakeholders across hierarchies from Policy, Risk, Product, Business, Data Engineering, IT as well as external partners and vendors.

Ideal Candidate & Qualifications:

• Tech. / BE or MSc. in Economics/Statistics/Mathematics or MBA- Finance from Tier-1 institutions.
• 4-8 years of relevant experience with proficiency in working with large datasets using SAS/Python/SQL. Hands on experience on modelling tools like E-Miner required. Experience on SAS VIYA is good add-on.
• Well conversant with statistical concepts like Decision Trees, Logistic Regression, Naive Bayes Classifiers, Neural Networks, Clustering etc.
• Excellent communication and presentation skills and ability to influence and manage internal and external stakeholders beyond direct circle of influence.
• Familiarity with basic IT and Data Engineering work streams terminology to better plan and execute project milestones.
• Comfortable with dynamic work environment and unstructured problem statements with ability to convert the same into tangible solution approach.
• Understanding of financial services industry basics with know-how of offered products and multiple channel journeys possible including digital workflows in BFSI space will be an advantage.

About Company:

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses