Data Analyst

About the Role

As a Data Analyst in the Data & Analytics function at IDFC FIRST Bank, you will be responsible for identifying business needs, designing analytical tools, and delivering data-driven solutions that support strategic decision-making. This role involves working with structured and unstructured data, developing test strategies, and applying advanced analytical techniques to solve complex business problems. You will also contribute to the development of data structures and frameworks that enable scalable and secure data handling across the organization.

Key Responsibilities

Primary Responsibilities

• Identify and scope business requirements and priorities through structured information gathering and analysis.
• Design and apply analytics techniques to address current and future business needs.
• Demonstrate a robust understanding of data structures and fields required for effective analysis.
• Map analytical frameworks to available data sources to ensure alignment with business objectives.
• Collect, clean, and organize data from multiple sources to ensure accuracy and reliability.
• Conduct statistical analysis and create visualizations to present findings in a clear, actionable manner
• Support ongoing monitoring of business performance through regular reporting and ad-hoc analysis.
• Develop test strategies and systematic procedures to validate solution performance and accuracy.
• Select and apply algorithms and advanced computational methods to enable systems to learn, adapt, and deliver desired outcomes.
• Approach problems with creativity and develop innovative, data-driven solutions.
• Challenge existing processes to drive continuous improvement and operational efficiency.
• Maintain a strong focus on goal achievement and follow through on initiatives.
• Understand the broader business context and how data-driven decisions impact overall outcomes.

Secondary Responsibilities

• Support the development and deployment of analytical tools and business use cases.
• Collaborate with cross-functional teams to ensure effective delivery of data solutions.

What We Are Looking For

Education

• Bachelor’s Degree in B.Sc or B.Tech or BCA
• Postgraduate Degree in M.Sc or M.Tech or MCA or MA

Experience

• 2–5 years of relevant experience in data analysis, business intelligence, or related roles.

Skills and Attributes

• Strong analytical and problem-solving skills.
• Proficiency in data modelling, data architecture, and analytical tools.
• Familiarity with structured and unstructured data handling.
• Experience in designing and executing test strategies for data solutions.
• Excellent communication and stakeholder management skills.
• A proactive mindset with a focus on innovation and continuous improvement.
• Understanding of data governance, security, and compliance standards.

Key Success Metrics

• Development and deployment of analytical tools.
• Delivery of impactful business use cases.
• Accuracy and reliability of analytical outputs.
• Timely execution of assigned tasks and projects.

Key skills/competency

• Data Analysis
• Business Intelligence
• Data Modeling
• Data Architecture
• Analytical Tools
• Statistical Analysis
• Data Visualization
• Problem-Solving
• Stakeholder Management
• Data Governance