Zonal Manager - Credit

Bajaj Finserv · Bhubaneswar

  • Experience6–8 yrs
  • SalaryNot disclosed
  • Work modeonsite
  • Posted28 Sept 2026
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About Bajaj Finserv

Bajaj Finserv is hiring in Bhubaneswar in financial services. This role looks for around 6+ years of experience.

Skills

  • Stress Testing
  • Expected Credit Loss
  • Probability of Default
  • Loss Given Default
  • Exposure at Default
  • Statistical Modeling
  • Credit Risk
  • Regression
  • Logistic Regression
  • Clustering
  • Dimensionality Reduction
  • Hypothesis Testing
  • Forecasting
  • Segmentation
  • SAS
  • SQL
  • R
  • Python
  • Data Analysis
  • Model Development
  • Machine Learning

The role

A credit risk manager at a financial services company develops stress testing frameworks and statistical models for credit risk, including Expected Credit Loss, Probability of Default, and regulatory reporting, and applies Python and SQL to portfolio analysis. The role also uses SAS and segmentation to validate models and support credit policy.

Full job description

Location Name: Bhubaneswar

Job Purpose

Risk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss, scenario analysis, forecasting, Stress Testing etc. Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default), EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting purpose.This role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk. The role allows candidate work on areas such as Stress Testing, Expected Credit Loss, Macro Economic stress, Macro stress models/forecasting etc.Culture Anchor:Think like an Entrepreneur - Encourages new ideas, helps teams improve, and supports them in taking up challengesPractice Emotional Intelligence - Listens to others, stays calm under pressure, and treats everyone with respect.Transform Continuously - Explores opportunities and encourages teams to improve processes and systems for better delivery.Own it - Ensures teams achieve targets, drives capability building and inculcates a sense of accountability in the team.

Duties And Responsibilities

Build Stress Testing Framework and execute the same?Develop, validate, and execute Stress Testing Tools and Stress Testing Engine?Build, monitor, validate and track PD, LGD, EAD models for Stress Testing as per RBI guidelines ?Provide analytical solutions through statistical modeling, credit policy and strategy, reporting and data analysis for the BFL businesses?Support any adhoc deep dive data analysis on portfolio metrices ?Support in Data analysis and segmentations.?Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are build and implemented suitably

Required Qualifications And Experience

Qualifications

B-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)Work Experience6-8 years relevant analytical experience in Model development, ML modelling, Forecasting, Segmentation and Clustering.Preferred Coding languages: SAS, SQL, R, Python.Classical statistical techniques: Regression, Logistic regression, Clustering, Dimensionality reduction techniques, Hypothesis testing.Experience in handling huge data base and the ability to do root cause analysis.Individual contributor with the capability to deliver projects within timelineEffective verbal and written communication skills