Senior Data Scientist
IDFC FIRST Bank — Mumbai, MUMBAI
Apply Now
Job Description
Job Needs About the Job
As a Senior Data Scientist in the Data & Analytics department, you will be tasked with spotting business needs and translating them into analytical tools and methods that drive strategic decision-making. You will work over teams to design data structures, implement test strategies, and ensure delivery of data analytics solutions aligned with business objectives. This position demands a robust foundation in data science, emerging technologies, and a proactive approach to innovation and problem-solving.
Key Responsibilities
Primary Responsibilities
- Spot and scope business expectations and priorities through rigorous analysis and clarification of solutions, initiatives, and programs.
- Monitor and integrate emerging technology trends and developments to recognise new data products, services, and techniques.
- Research, spot, and adopt best-in-class techniques in AI/ML modeling.
- Apply advanced AI/ML techniques to solve problems related to customer segmentation, risk modelling, campaign targeting, and more.
- Execute data cleansing, merging, enrichment, and transformation to prepare high-quality datasets for modelling.
- Analyze large datasets to recognise trends, patterns, and chances for business development.
- Create recommendation engines and propensity models to support cross-sell and up-sell strategies
- Validate models to guarantee accuracy, stability, and compliance with regulatory guidelines.
- Present involved model outputs and perspectives in a clear, business-friendly manner.
- Guarantee traceability and version control of datasets, models, and evaluation pipelines.
- Create test strategies and systematic validation procedures to ensure models meet design specifications and performance standards.
- Sustain a robust understanding of data structures and fields required for analysis and modelling.
- Work together with the Data Engineering team to guarantee data quality and seamless data flow.
- Handle stakeholder expectations by aligning analytics outcomes with organizational objectives
- Recognise and evaluate digitization and innovation chances enabled by advancements in data and analytics.
- Create, select, and apply analytical tools and advanced computational methods to equip systems to learn, adapt, and provide desired outcomes.
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) or M.Tech (Master of Technology), or MCA (Master of Computer Applications) or MA (Economics/Statistics)
Experience
- 4 to 10 years of relevant exposure to data analytics, data science, or related fields.
Abilities and Attributes
- Solid analytical and problem-solving competencies.
- Experience with designing and implementing scalable data structures and analytics solutions.
- Familiarity with emerging technologies and data science tools.
- Proficiency in test strategy development and performance validation.
- Capability to oversee stakeholder relationships and produce data-driven perspectives.
- Strategic thinking with a concentrate on innovation and business impact.
- Outstanding communication and collaboration abilities.
Main Success Metrics
- Development and deployment of analytical tools.
- Delivery of business use cases through data analytics solutions.
This Senior Data Scientist vacancy is based in Mumbai.
Frequently Asked Questions
What are the eligibility criteria for the Senior Data Scientist job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Senior Data Scientist at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Data Scientist at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Senior Data Scientist role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.