Job Purpose 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.

Statistical models are built and scorecards are prepared which assess parameters like PD (probability of default), EAD and LGD which are critical from a regulatory perspective and form an key aspect of regulatory reporting. This role gives an opportunity to go beyond the above and provide deeper insights on the Regulatory norms on Credit Risk. The role allows the candidate to work on areas such as Stress Testing, Expected Credit Loss, Macro Economic stress, and Macro stress models/forecasting etc.

Culture Anchor:

- Think like an Entrepreneur - Encourages new ideas, helps teams improve, and supports them in taking up challenges.
- Practice Emotional Intelligence - Listens to others, stays calm under pressure, and treats everyone with respect.
- Transform Continuously - Explores opportunities and encourages teams to improve processes and systems for better delivery.
- Own it - Ensures teams achieve targets, drives capability building, and inculcates a sense of accountability in the team.

Duties and Responsibilities

- Build Stress Testing Framework and execute the same
- Develop, validate, and execute Stress Testing Tools and Stress Testing Engine
- Build, monitor, validate and track PD, LGD,



EAD models for Stress Testing as per RBI guidelines
- Provide analytical solutions through statistical modeling, credit policy and strategy, reporting and data analysis for the BFL businesses
- Support any adhoc deep dive data analysis on portfolio metrics
- Support in Data analysis and segmentations
- Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are built and implemented suitably

Required Qualifications and Experience Qualifications:

- B-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)

Work Experience:

- 6-8 years relevant analytical experience in Model development, ML modeling, Forecasting, Segmentation and Clustering.
- Preferred Coding languages: SAS, SQL, R, Python.
- Classical statistical techniques: Regression, Logistic regression, Clustering, Dimensionality reduction techniques, Hypothesis testing.
- Experience in handling huge databases and the ability to do root cause analysis.
- Individual contributor with the capability to deliver projects within timeline.
- Effective verbal and written communication skills.

Locations

- Job Level: GB06
- Job Title: Regional Manager - Credit, UW Bharat Lending CV, UW Bharat Lending CV Fleets
- Job Location Country: India
- State: TELANGANA
- Region: South
- City: Hyderabad
- Location Name: Hyderabad
- Tier: Megapolis

📌 Regional Manager - Credit (India)
🏢 Bajaj FinServ
📍 India