Bajaj Finance | Deputy Manager - Credit

Responsibilities

• Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default), EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting purpose.This role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk.
• Risk Management is core to Bajaj Finance.
• Most of the decisions in Risk Management are data driven and analytical.
• Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss, scenario analysis, forecasting, Stress Testing etc.
• This role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk.
• The role allows candidate work on areas such as Stress Testing, Expected Credit Loss, Macro Economic stress, Macro stress models/forecasting etc.
• Consistently puts in effort. plans and tracks daily progress to achieve targetsExecute with Rigor.
• Takes responsibility for meeting targets with focus and effortOwn It.
• Maintains honesty and fairness in all interactions in line with organization’s policiesAct with Integrity.

Requirements

• 1-3 years relevant analytical experience in Model development, ML modelling, Forecasting, Segmentation and Clustering.
• Experience in handling huge data base and the ability to do root cause analysis.
• Effective verbal and written communication skills.
• Preferred Coding languages: SAS, SQL, R, Python.

Bajaj Finance Limited

Bajaj Finance Limited is one of India's largest non-banking financial companies. Incorporated in 1987 as Bajaj Auto Finance Limited and renamed in 2010, it is headquartered in Pune and is a subsidiary of Bajaj Finserv Limited. It is regulated by the Reserve Bank of India as a deposit-taking NBFC in the upper layer of RBI's scale-based framework, and its shares are listed on the NSE and BSE.

Its businesses span consumer lending and payments, SME and commercial lending, rural lending, fixed deposits and digital lending, with home loans offered through its subsidiary Bajaj Housing Finance. Beyond its large sales and service teams, Bajaj Finance hires CA, CMA, CFA and MBA (Finance) profiles into finance and accounts, taxation, treasury, internal audit, credit underwriting, risk and compliance roles.

• Industry: Non-banking financial services (lending, deposits and payments)
• Headquarters: Pune, Maharashtra, India
• In India: Corporate offices in Pune, with branches and lending locations across India