IDFC First Bank is recruiting for a Fresher Entry Level Data Analyst

Short Description:

The Data Analyst role in Mumbai, India involves identifying and prioritizing business requirements, constructing analytical tools, and developing test strategies within the Data & Analytics department. Responsibilities include monitoring emerging technology trends, specifying data structures, and designing solution blueprints to meet organizational objectives. The position requires developing guidelines for data handling, managing stakeholder expectations, and identifying digitization opportunities. Success is measured by the effective development and deployment of analytical tools and the ability to address business use cases. Candidates should hold a Bachelor's or Master's degree in relevant fields with 0 to 2 years of experience.

Position: Data Scientist-Retail Assets (Data Analyst)
Company: IDFC First Bank
Location: Mumbai, Maharashtra, India
Job type: Full time
Job mode: Onsite
Job id: 124625

Introduction

The role of a Data Analyst focusing on Retail Assets based in Mumbai, Maharashtra, India. This role falls under the Technology, Analytics & Digital Banking category, specifically targeting entry-level candidates with 0 to 2 years of experience.

Position Overview

The position of Data Analyst within the Data & Analytics department involves identifying business needs, constructing analytical tools, and developing test strategies to ensure effective delivery of outcomes for specific business inquiries related to data analytics.

Role and Responsibilities

Business Requirements Analysis

The Data Analyst is responsible for identifying and prioritizing business requirements through thorough information gathering and analysis. This involves clarifying solutions, initiatives, and programs to facilitate effective delivery.

Technology Monitoring and Integration

Continuous monitoring and integration of emerging technology trends and developments are essential aspects of the role. This includes structured data gathering to identify new technological products, services, and techniques.

Data Structure Specification and Creation

The Data Analyst specifies and creates data structures tailored to various structured and unstructured data requirements. This involves setting parameters, designing data flows, and developing mechanisms for data maintenance, storage, and retrieval based on business needs.

Guidelines and Processes Development

Developing and implementing guidelines, processes, and norms for data handling across the organization is a key responsibility. This includes providing advice on proper data handling and resolving data breaches in complex contexts.

Solution Blueprint Design

Designing solution blueprints and structures to guide the development of technology solutions that meet current and future business needs is crucial. This involves managing stakeholder expectations and aligning them with organizational requirements and objectives.

Test Strategy Development

Developing a comprehensive test strategy and systematic test procedures to verify that solutions meet design specifications, performance standards, and volume levels is essential.

Identification of Business Opportunities

Identifying and evaluating digitization and innovative business opportunities facilitated by advancements in data & analytics is part of the role. This includes establishing new services or businesses to bridge the physical and digital worlds.

Application of Analytical Tools

Selecting and applying analytical tools and advanced computational methods to enable systems to learn, improve, adapt, and produce desired outcomes or tasks is a key aspect of the position.

Key Success Metrics

Analytical Tools Development and Deployment

The successful development and deployment of analytical tools are crucial metrics for evaluating performance in this role.

Business Use Cases

The ability to effectively address business use cases through data analysis and application of analytical methods is a key success factor.

Education Qualification

Graduation

Candidates are expected to have a Bachelor's degree in one of the following fields:

Bachelor of Science (B.Sc)
Bachelor of Technology (B.Tech)
Bachelor of Computer Applications (BCA)

Post-Graduation

A Master's degree in one of the following disciplines is desirable:

Master of Science (M.Sc)
Master of Technology (M.Tech)
Master of Computer Applications (MCA)

Experience Range

The ideal candidate for this role would have between 0 to 2 years of relevant experience.

By comprehensively covering the role, responsibilities, qualifications, and success metrics, this job description provides a clear understanding of the expectations and opportunities associated with the position of Data Analyst in the Retail Assets domain.