Senior Data Scientist-Retail Assets
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
Job Requirements About the Role
As a SeniorData Scientist in the Data & Analytics department, based in Mumbai , you will be responsible for identifying business requirements, designing advanced analytical solutions, and implementing AI/ML models that drive strategic decision-making. You will work closely with stakeholders and data engineering teams to ensure seamless data flow, model performance, and alignment with business objectives. This role demands a strong foundation in data science, emerging technologies, and a proactive approach to innovation and problem-solving.
Key Responsibilities
Primary Responsibilities
- Identify and scope business requirements and priorities through rigorous analysis and clarification of solutions, initiatives, and programs.
- Monitor and integrate emerging technology trends and developments to identify new data products, services, and techniques.
- Research, identify, 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.
- Perform data cleansing, merging, enrichment, and transformation to prepare high-quality datasets for modelling.
- Analyze large datasets to identify trends, patterns, and opportunities for business growth.
- Build recommendation engines and propensity models to support cross-sell and up-sell strategies
- Validate models to ensure accuracy, stability, and compliance with regulatory guidelines.
- Present complex model outputs and insights in a clear, business-friendly manner.
- Ensure traceability and version control of datasets, models, and evaluation pipelines.
- Develop test strategies and systematic validation procedures to ensure models meet design specifications and performance standards.
- Maintain a strong understanding of data structures and fields required for analysis and modelling.
- Coordinate with the Data Engineering team to ensure data quality and seamless data flow.
- Manage stakeholder expectations by aligning analytics outcomes with organizational objectives
- Identify and evaluate digitization and innovation opportunities enabled by advancements in data and analytics.
- Develop, select, and apply analytical tools and advanced computational methods to enable systems to learn, adapt, and deliver 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), M.Tech (Master of Technology), or MCA (Master of Computer Applications) or MA Economics/Statistics
Experience
- 4 to 10 years of relevant experience in data science, analytics, and AI/ML model development.
Skills and Attributes
- Strong expertise in AI/ML algorithms and model deployment.
- Experience with emerging technologies and data science tools.
- Ability to design and implement scalable analytical solutions.
- Strong coordination and communication skills for cross-functional collaboration.
- Proficiency in test strategy development and performance validation.
- Strategic thinking with a focus on innovation and business impact.
- Ability to manage stakeholder relationships and deliver data-driven insights.
Frequently Asked Questions
What are the eligibility criteria for the Senior Data Scientist-Retail Assets 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-Retail Assets 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-Retail Assets 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-Retail Assets 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.
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