Data Scientist jobs in Mumbai at South Indian Bank Ltd

1. Name of the Post: Data Scientist

2. Scale Of Appointment: Scale II/III (IBA Package)

3. Place Of Posting: Ernakulam (Liable for transfer anywhere in India at the sole discretion of the Bank.)

4. Work Experience: 2 years

5. Educational Qualification: Any Graduation

6. Probation Period: 1 year

7. Compensation Package: Compensation shall be fixed by the management based on the knowledge and experience of the applicant. Will be eligible for Performance Linked Incentives (PLI) and all other benefits as applicable to the Scale in which the applicants are recruited.

8. Job Description:

a) Professional mathematician/ statistician/ data scientist, having at least 0- 2 years’ experience in development, validation and deployment of advanced analytics models in BFSI space, with strong expertise in Machine Learning Algorithms, and fluency in R/ Python. Experience of leading teams of junior data scientists will be an added advantage.Design, develop, validate and deploy models in various core and non-core activities of the bank, ensuring higher efficiency and/ or effectiveness

b) Such models may include (but is not limited to) credit risk scorecards, PD and LGD models, loss forecasting models, NPA and profitability forecasting models, propensity models for cross-sell/ up-sell, customer segmentation models, behavioural models, collection scorecards, recovery models, customer/ employee attrition models, etc.

c) Extracting, treating and managing data from both internal and external sources that would ensure development of strong and accurate models  Periodic validation of all models and recalibrating deployment, wherever applicable

d) Create detailed document, clearly explaining the processes followed in development, validation and deployment of analytical models

Age Limit:

Not more than 45 years

One of the earliest banks in South India, 'South Indian Bank' came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala),in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.