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IDFC FIRST Bank & LSEG Hiring Freshers

IDFC FIRST Bank & LSEG Hiring Freshers | Model Risk Analyst, Content Analyst

Introduction

Looking to start your career in analytics and finance domains? IDFC FIRST Bank and LSEG are hiring freshers for analyst roles. These positions offer strong exposure to risk management, data analysis, and global financial research.

IDFC FIRST Bank Hiring Freshers – Model Risk Analyst

Company Name IDFC FIRST Bank
Job Role Model Risk Analyst
Qualification Master’s in Statistics, Mathematics, Economics, Computer Science, Operation Research, Engineering, Physics
Eligible Batch 2024 / 2025 / 2026
Salary ₹6 LPA – ₹12 LPA (Estimated)

Job Description

Model risk relates to the risk of inaccurate assessment of underlying risks arising from inappropriate model development, calibration weaknesses or incorrect application of the model and includes the risk of under-estimation or over-estimation of risk. The models used by the Bank are being governed under Model Risk Management framework for model lifecycle.

The model lifecycle involves working in all phases including development, validation, monitoring, issue identification, resolution, documentation, and governance.

Roles & Responsibilities

  • Initial Sign off & Validation – Independently performing statistical and mathematical model development or validation for Retail Lending Scorecards, and ensuring the conceptual soundness of the models.
  • Re-validation – Lead initiatives to improve the accuracy, availability, granularity and coverage of our existing model validation process and build tools for process automation.
  • Extracted and analyzed data from various sources to support business intelligence and decision-making processes.
  • Model Risk Dashboard – Assisted in the development and maintenance of a model monitoring dashboard, ensuring real-time tracking and performance evaluation of machine learning models.
  • Code repository – Created standardized code for validation and monitoring exercises, ensuring consistency and efficiency for future use.
  • Data Repository – Developed a comprehensive data source repository for all retail scorecards, facilitating easy access and management of critical data.
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Requirements / Skills

  • Programing skills and using tools such as Python, R, SAS and SQL or other programing language
  • Database management skills – SQL, Hive, NoSQL or any other relational databases and data warehouse (SAS Viya, Power BI)
  • Understanding of parallel and distributed computing framework like Hadoop/Spark/H2O
  • Understanding of Statistics, Differential Mathematics, Probabilities, Machine Learning, Database Management, Big Data
  • Experience with data visualization application (e.g. – tableau) development using Python Dash or R Shiny is preferred
  • Any cloud exposure like AWS/Azure/GCP is preferred.

Behavioural Skills

  • Ability to work independently on complex problems from solution to implementation
  • Eagerness to learn continuously and work on new domains / problems
  • Ability to undertake research and come out with solution for problems

Also Apply for:

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LSEG Hiring Freshers – Associate Content Analyst

Company Name LSEG
Job Role Associate Content Analyst
Qualification Bachelor’s Degree
Eligible Batch 2024 / 2025 / 2026
Salary ₹4 LPA – ₹8 LPA (Estimated)

Job Description

The vertical is basically responsible for providing financial and non-financial information to the clients on companies across the globe. Environment, Social and Corporate Governance team (ESG) provides integrated financial and extra-financial information.

Roles & Responsibilities

  • To be responsible for database administration and sourcing of exchange and contributed data.
  • Responsible for delivering high productivity and quality data as per expected performance standards
  • To be up to date with the latest collection policies and procedures and other significant developments
  • To assist in projects with emphasis on data content.
  • Take responsibility for data quality, accuracy, timeliness and completeness within the team.
  • To take on the responsibility of resolving client queries in a timely manner
  • To continuously find ways to improve quality and reduce number of service requests
  • To continuously suggest improvement ideas on collection tools and internal processes
  • To carry out special projects related to the ESG dataset
  • To effectively collaborate with global teams and data providers
  • Cultivate a learning and positive work environment
  • Proactively identify, escalate and resolve data problems

Requirements / Skills

  • Communication, Collaboration and Analytical skills
  • Researching on Company website, Filings to understand reports
  • Curiosity to learn and understand content
  • Reading Comprehension Skills
  • High Accountability & Responsibility
  • Candidate should be open to work in shifts

Preferred Skills

  • Flexible and able to work under pressure while managing multiple tasks
  • A team player who will work with others in order to get the job done
  • Customer focused
  • Able to adapt to changing needs and requirements
  • Ability to work with different personalities and groups
  • Deliver on time
  • Focused on problem solving
  • Attention to detail

Also Apply for:

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FAQ

Q1: Who can apply for these roles?
Fresh graduates and candidates with up to 3 years of experience can apply.

Q2: Are these roles technical?
Model Risk Analyst is highly technical, while Content Analyst focuses on research and data analysis.

Q3: What skills are required?
Analytical thinking, communication, and domain-specific technical skills are required.

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