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Cluster Manager Risk

Bajaj Finance


Job Location:

Pune - India

Monthly Salary: Not provided by the employer
Posted: 1 October 2026 (4 days ago)
Application Deadline: 29 December 2026
Vacancies: 1 Vacancy

Job Summary

Job Purpose
Economic research is a part of the Risk framework of the Company and supports the Risk framework by providing timely critical inputs. The role involves bringing out Macro-Economic Analysis data analysis and interpretation Forecasting Macro variables and internal business parameters drawing inside out analysis using internal as well as external data.
This role gives an opportunity of going beyond the above and gives deeper insights in the area of Economic Research. The role allows candidate work on areas such as Consumer behavior Socio-political events Macro-variable forecasting and nowcasting. Macro Economic stress Macro scenario model building drawing business and growth inference from Economic analysis.
Duties and Responsibilities
Provide analytical solutions through statistical modeling credit policy and strategy reporting and data analysis for the BFL businesses
Understanding macro-economic variables and its impact on economic growth business and industry performance
Generate insights on external drivers shaping consumer behaviour industrial activity and business dynamics while evaluating the implications of socio-political geopolitical and geoeconomic developments on business resilience growth and strategic outcomes.
Understand aggregate change in consumer behavior and external drivers such as macroeconomic political risks etc.
Building Empirical framework to understand shift in aggregate behavior and its impact on BFL business
Isolating macroeconomic vs. idiosyncratic influence on results
Build Economic forecasting models for Macro variables
Work closely with business team to understand their need and provide Analytical solution.
Assess if any early warning signals using data analysis and segmentations and take pro-active policy actions as and when required
Design research-based frameworks and empirical models.
The candidate should -
Have strong analytical orientation (along with data manipulation experience)
Act as an expert in Economic studies with specialization in Macro.
Have ability to isolate customers revealed and stated preference through its transactions and interactions and extend findings across different cross section of customers for specific business use case.
Be able to set up primary/secondary research that will help in testing various hypothesis and frameworks
Be able to bring in non-traditional data that will help sharpen the design and approach
Key Decisions / Dimensions
Forecasting Model/Economic Analysis design and model build decision
-Algorithms that should be used in model building
-Business interpretation of statistical models and also interpretation of macro-economic variables and its impact.
Required Qualifications and Experience
Qualifications
Post-graduate degree in Economics Financial Economics or Equivalent degree on Quantitative subjects (knowledge of econometrics statistics and mathematics).
Work Experience
3-5 years relevant analytical experience in Economic Research Forecasting Building growth model etc.
Preferred Coding languages: Python SQL R.
Classical statistical techniques: Regression Logistic regression Clustering Dimensionality reduction techniques Hypothesis testing.
Experience in handling huge database both structure and unstructured data and the ability to do root cause analysis.
Individual contributor with the capability to deliver projects within timeline
Effective verbal and written communication skills

Required Experience:

Manager


About Company

Bajaj Finserv is India’s most diversified non-banking finance company. Visit the website to learn about our products. Get instant approval on loans, shop on EMIs, make an investment, get insurance and pay your bills.

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