Data Analyst-Retail Assets
IDFC FIRST Bank · Mumbai, Maharashtra, India
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- On site
- Full-time
- ₹800,000 / year
- Mumbai, Maharashtra, India
Job highlights
- Analyze business needs and develop data-driven solutions.
- Work with structured and unstructured data sources.
- Apply advanced analytical techniques for problem-solving.
- Create clear, actionable data visualizations and reports.
- Collaborate with cross-functional teams on data solutions.
About the role
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
Skills & topics
- Data Analyst
- Data Analysis
- Business Intelligence
- Data Modeling
- Data Architecture
- Statistical Analysis
- Data Visualization
- Banking
- Financial Services
- Analytics
How to get hired
- Tailor your resume: Highlight your experience in data analysis, business intelligence, and relevant tools, matching keywords from the job description.
- Showcase your skills: Emphasize your analytical, problem-solving, data modeling, and communication abilities with specific examples.
- Prepare for technical questions: Be ready to discuss your experience with data structures, statistical analysis, and developing test strategies.
- Demonstrate business acumen: Understand how your data insights contribute to broader business objectives and strategic decision-making.
- Research IDFC FIRST Bank: Familiarize yourself with their mission, values, and recent achievements in the banking sector.
Technical preparation
Practice SQL for data extraction and manipulation.,Build projects using Python or R for analysis.,Create visualizations with tools like Tableau or Power BI.,Study statistical concepts and modeling techniques.
Behavioral questions
Describe a complex problem you solved with data.,How do you handle ambiguous business requirements?,Tell me about a time you improved a process.,How do you communicate technical findings to non-technical stakeholders?
Frequently asked questions
- What educational background is preferred for the Data Analyst role at IDFC FIRST Bank?
- IDFC FIRST Bank prefers candidates with a Bachelor's Degree in B.Sc, B.Tech, or BCA. A Postgraduate Degree in M.Sc, M.Tech, MCA, or MA is also highly valued for this Data Analyst position.
- What is the required experience level for the Data Analyst position at IDFC FIRST Bank?
- The Data Analyst role at IDFC FIRST Bank requires 2 to 5 years of relevant experience in data analysis, business intelligence, or similar fields.
- What are the key technical skills for a Data Analyst at IDFC FIRST Bank?
- Key technical skills for this Data Analyst role include proficiency in data modeling, data architecture, analytical tools, handling structured and unstructured data, and designing test strategies for data solutions.
- How important are communication skills for this Data Analyst job?
- Excellent communication and stakeholder management skills are crucial for the Data Analyst role at IDFC FIRST Bank, enabling effective collaboration and delivery of data solutions.
- What kind of analytical techniques will a Data Analyst use at IDFC FIRST Bank?
- A Data Analyst at IDFC FIRST Bank will apply advanced analytical techniques, statistical analysis, and computational methods to solve complex business problems and deliver data-driven insights.
- Does IDFC FIRST Bank look for specific attributes in a Data Analyst candidate?
- Yes, IDFC FIRST Bank seeks Data Analysts with strong analytical and problem-solving skills, a proactive mindset focused on innovation and continuous improvement, and an understanding of data governance and compliance.
- What is the primary goal of a Data Analyst at IDFC FIRST Bank?
- The primary goal of a Data Analyst at IDFC FIRST Bank is to identify business needs, design analytical tools, and deliver data-driven solutions that support strategic decision-making and drive business performance.