Financial Risk Analyst

2 weeks ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

Role Summary:

IDFC FIRST Bank is seeking a highly skilled Financial Risk Analyst to join its Business Banking Group. In this role, you will be responsible for formulating and implementing policies that minimize credit risk while ensuring efficient portfolio management.

The ideal candidate will have 2-5 years of experience in a similar role and possess excellent analytical skills, with the ability to design new product programs, monitor portfolio performance, and identify trends.

Key Responsibilities:

  • Develop and implement comprehensive risk management strategies to reduce credit-related costs and optimize portfolio performance.
  • Collaborate with internal stakeholders to design and launch new product programs, leveraging market research and benchmarking to drive business growth.
  • Monitor Early Warning Systems (EWS) and portfolio delinquency, identifying areas for improvement and implementing corrective measures.
  • Conduct industry research to stay up-to-date on market trends and external factors impacting the portfolio.
  • Recommend process changes to improve efficiency and quality across assigned areas, leveraging in-house synergies and best practices.

Educational Requirements:

A bachelor's degree in Engineering, Technology, Management, Computers, or Science, along with an MBA, is required for this position. The successful candidate should have a strong understanding of digital processes and their application in driving efficiency.

Compensation:

We offer a competitive salary package, including a base salary of ₹12 lakhs per annum, plus benefits and incentives. This is a full-time position, and the selected candidate will be based in Mumbai.



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