Data Scientist / Business Analyst

About the Digital Business Unit at IndusInd:

The mandate of the Digital Business Unit at IndusInd Bank is as follows:

• Building customer centric products with human centered design principles for retail Individual and micro, small and medium enterprise (MSME) customer segments
• Build innovative products and propositions backed with problem solving mindset to discover and solve latent needs of customers
• Build Embedded Finance (Banking as a Service) applications
• Ensure designs are highly available, highly modular, highly scalable and highly secure
• Drive digital business

Some of the applications managed by the Digital Business Unit include IndusMobile (bank’s mobile app for retail individual clients), Indusnet (net banking application of the bank), IndusMerchantSolutions app, Whatsapp Banking, Chatbots, easycredit for Individuals, easycredit for Business Owners, savings, current account and fixed deposit online platforms. There are many more innovative digital products and solutions in pipelin

eThe unit’s objectives are three fold – (a) Drive better customer experience and engagement (b) transform existing lines of businesses and (c) build new digital only or banking as a service led digital business model

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About the Rol

e:You would be part of asset analytics and data science team and work on cutting edge problems for the bank. The individual will work closely with the stakeholders across risk, business, partnerships, digital and strategy in creating and refining strategies to augment profitability and growth for the bank. The incumbent will majorly be responsible with coming up data driven a

ndactionable insights and presenting them to relevant stakeholders The candidate will work in close collaboration with digital product, growth, and marketing team

s.
Job Responsibiliti

• es:Experience querying databases and using statistical computer languages: R, Python, SQL, e
• tc.Use predictive modelling to increase and optimize customer experiences, revenue generation, ad targeting and other business outcom
• es.Experienced in working with large and multiple datasets, data warehouses and ability to pull data using relevant programs and codi
• ng.Well versed with necessary data reprocessing and feature engineering skil
• ls.Strong background in Statistical Analysis. Constantly look and research on ML algorithms and data sources for better predict
• ionWork and coordinate with multiple stakeholders to identify opportunities for leveraging company data to drive business solutions, implement models and monitor outcom
• es.Assess the effectiveness and accuracy of new data sources and data gathering techniques and develop processes and tools to monitor and analyze model performance and data accura
• cy.Experience in establishing/scaling up data science functi
• onsProven ability to discover solutions hidden in large datasets and to drive business results with their data-based insig
• htsLeverage analytics to increase customer lifetime value for clients acquired digitally by pitching right product to the right client at the right t
• imeHelp define pricing models for digital value propositions for various segments of users / clients to ensure profitability of the portfolio and to ensure achievement of business outco
• mesWork with product, growth, and marketing teams across product/campaign lifecy
• cleEmpower product and marketing teams by creating automated dashboards and reports using Powe

rBI
Education, Work Experience, Key Skill Set Requireme

• nts:BE / B-Tech/M.E./M.Tech/MBA/PGDBM from Tier 1/Tier 2 coll
• eges2-4 years of Data Science experience preferably in Banking/ Financial Serv
• icesModel development experience in R, Python,
• SASStrong and in-depth understanding of statis
• ticsStrong strategic thought leadership and problem-solving skills with ability to tackle unstructured and complex business prob
• lemsExcellent written and verbal communica
• tionAbility to build & use relationships and influence broadly across the organiza
• tionResults driven with strong project management skills, ability to work on multiple priori
• tiesHandling Big Data, Segmentation, Analytics, Machine Learning, Artificial Intelligence, Statistics and Hypothesis Tes

ting
Selection Pro

1. cess:Interested Candidates are mandatorily required to apply only through the Jigya listing. Only applications received through this posting will be evaluated fur
2. ther.Shortlisted candidates may be required to appear in an Online Assessment administered by Jigya on behalf on IndusInd
3. BankCandidates selected after the screening test will be interviewed by IndusInd