Data Analyst-Wholesale Banking
IDFC FIRST Bank
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.
- 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.
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
- 2+ years of relevant experience in data analysis, algorithm development, and computational modeling.
- Exposure to business analytics and working with cross-functional teams.
- 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.
- Effective use of analytical tools.
- Quality and impact of business cases and data analyses delivered.