IDFC Bank Recruitment For Data Scientist, Job for Freshers

IDFC Bank is hiring for the role of Data Science – Retail Assets, offering a competitive remuneration of roughly ₹26 lakh per year. If you are a job seeker interested in this opportunity, we recommend reading the entire article. The application process has already begun, so don’t lose out on this opportunity to enhance your career.

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About IDFC Bank

IDFC FIRST Bank is an Indian private sector bank created through the amalgamation of the banking division of Infrastructure Development Finance Company and Capital First, an Indian non-banking financial institution. It stands out as the pioneer universal bank to provide monthly interest credit on savings accounts, along with offering lifetime free credit cards featuring dynamic and low annual percentage rates.

IDFC Bank Recruitment 2024 Overview

Job Role	Data Science
Qualification	Graduate
Experience	Freshers
Salary	₹26 lakh Per Annum
Job Type	Private
Job Location	Mumbai

IDFC Bank Recruitment 2024 Job Purpose

The role of a Data Analyst involves identifying business needs and constructing analytical tools and methods. Additionally, they are responsible for developing test strategies and ensuring the delivery of outcomes for specific business inquiries related to data analytics.

IDFC Bank Recruitment 2024 Job Responsibility

• Identify and Scope Business Requirements: Gather and analyze information rigorously to define business requirements and priorities. Clarify solutions, initiatives, and programs to ensure effective delivery.
• Monitor Emerging Technology Trends: Stay abreast of emerging technology trends and developments. Gather structured data to identify new technological products, services, and techniques.
• Specify Data Structures: Create data structures, setting parameters adaptable to structured and unstructured data requirements. Design data flow and develop mechanisms for data maintenance, storage, and retrieval based on business needs.
• Implement Data Handling Guidelines: Develop and implement guidelines, processes, and norms for data handling at various lifecycle stages. Provide advice on proper data handling and resolution of data breaches in complex contexts.
• Design Solution Blueprints: Create solution blueprints and structures to guide tech solution development, meeting current and future business needs.
• Manage Stakeholder Expectations: Align stakeholder expectations and needs with organizational requirements and objectives.
• Develop Test Strategy: Devise a test strategy and systematic test procedures to verify solutions against design specifications, ensuring performance, load, and volume levels are met.
• Evaluate Digitization Opportunities: Identify and evaluate digitization and innovative business opportunities arising from advancements in data and analytics. Establish new services or businesses to bridge the physical and digital realms.
• Apply Analytical Tools: Develop, select, and apply analytical tools and advanced computational methods. Enable systems to learn, improve, adapt, and achieve desired outcomes or tasks effectively.

Key Success Metrics:

Development of Analytical Tools and Deployment: Evaluate the efficiency and effectiveness of developing and deploying analytical tools.

Impact on Business Use Cases: Measure the effectiveness of analytical tools in addressing business use cases and driving desired outcomes.

IDFC Bank Recruitment 2024 Education Qualification

Qualifications and Experience Requirements:

• Graduation: Bachelor of Science (B.Sc), Bachelor of Technology (B.Tech), or Bachelor of Computer Applications (BCA).
• Post-Graduation: Master of Science (M.Sc), Master of Technology (M.Tech), or Master of Computer Applications (MCA).
• Experience Range: 0 to 2 years.