Axis Bank is inviting applications for the post of Risk Analyst for the year 2022. Here is everything that you need to know about this Axis Bank Recruitment!
About Axis Bank
Axis Bank Limited, headquartered in Mumbai, Maharashtra, is an Indian banking and financial services firm. It is India’s third largest private-sector bank, with a wide range of financial services.
About the Department
The Risk department guarantees that the Bank’s risk is managed through a risk management architecture and policies and practises agreed by the Board of Directors, which include independent risk identification, measurement, and management throughout the Bank’s numerous operations. Through a quantitative or qualitative evaluation of the underlying risks, the Bank’s Risk department aims to proactively anticipate weaknesses at the transaction and portfolio level.
Roles & Responsibilities
- Understanding of the default and recovery processes in banks, both conceptually and practically.
- Experience developing and implementing credit risk models in accordance with Ind AS, IRB, and other stress testing exercises.
- Familiarity with default studies and similar analytics from rating agencies, bureau would be desirable.
- Technical knowledge in SAS, R, SQL, and other comparable statistical tools and technologies is preferred.
- Identifying new factors that can be used to forecast credit risk.
- Work on incorporating other data sources into current early warning frameworks.
Qualifications / Essential skills required
Optimal qualification for success on the job is:
- Post graduate with specialization in Quant and statistics viz. Masters in statistics, MBA, M Tech with relevant risk analytical exposure (Risk, Collections and Fraud)
- Advanced and predictive analytics, decision trees, segmentation analysis, and cluster analysis employing analytical and statistical techniques are all skills you’ll need.
- Should have a basic grasp of the banking default and recovery processes.
- Should possess excellent analytical and problem-solving abilities, as well as a “professional scepticism” mindset.
- Working familiarity of SAS, R, SQL, and data mining tools is required.
- Experience with advanced and predictive analytics, clustering algorithms, natural language processing (NLP), and associated statistical processes.
- Should be able to communicate, present, and interact with others effectively.
- A strong degree of drive is required, as well as the ability to learn quickly.
How To Apply For This Job?
To apply for the opening for Risk Analyst at Axis Bank Recruitment, click here.
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