Website IDFC FIRST Bank

About the Role

At IDFC FIRST Bank, data isn’t just a byproduct of our business—it’s the foundation on which we build smarter decisions, innovative solutions, and customer-first experiences.

We’re looking for a Data Analyst – Edge Capabilities to join our Data & Analytics team in Mumbai. This role is perfect for someone who loves turning raw data into clear, actionable insights that drive business impact. You’ll be part of a collaborative environment where analytical rigor meets strategic thinking, and innovation is encouraged every day.

Job Purpose

As a Data Analyst, you’ll play a pivotal role in identifying business needs, building analytical tools, developing test strategies, and supporting senior analysts in delivering business outcomes. Your insights will help transform how we understand data, forecast performance, and enhance decision-making across multiple functions.

Key Responsibilities

1. Business Requirement Analysis

  • Identify and define business needs and priorities through in-depth discussions with stakeholders.

  • Gather, analyze, and interpret large data sets to derive meaningful business insights.

  • Translate complex data problems into structured analytical frameworks.

  • Collaborate across departments to align analytical solutions with business objectives.

2. Data Analysis & Tool Development

  • Design and develop analytical tools, dashboards, and reports to address business requirements.

  • Ensure the accuracy, reliability, and accessibility of data used for reporting and analytics.

  • Understand business metrics and map analytical requirements to available data sources.

  • Support the creation and automation of repeatable reporting processes to drive efficiency.

3. Analytical Framework Design

  • Develop and implement analytical frameworks that connect key business goals with measurable outcomes.

  • Apply statistical, computational, and data-mining techniques to uncover trends and opportunities.

  • Work closely with the Data Engineering and Data Science teams to enhance data models and pipelines.

4. Testing & Validation

  • Develop and execute systematic test procedures to ensure analytical solutions meet design specifications.

  • Create robust validation and quality assurance processes to ensure data integrity and consistency.

  • Analyze test outcomes to identify gaps, anomalies, and opportunities for improvement.

5. Innovation & Continuous Improvement

  • Challenge existing processes and introduce innovative analytical methods for continuous performance improvement.

  • Stay updated with emerging tools, technologies, and best practices in data analytics.

  • Recommend process improvements, predictive models, or new insights to drive strategic initiatives.

6. Collaboration & Business Impact

  • Partner with Senior Analysts and Lead Analysts to deliver impactful data-driven outcomes.

  • Communicate analytical findings clearly to non-technical stakeholders.

  • Understand the larger vision of the Bank and how data insights contribute to business growth.

  • Recognize interdependencies between departments and how analytical outcomes affect overall performance.

  • Communicate analytical findings clearly to non-technical stakeholders.

Key Success Metrics

  • Quality and efficiency of analytical tools developed

  • Accuracy and depth of data analysis delivered

  • Contribution to key business cases and strategic initiatives

  • Stakeholder satisfaction with data-driven decision support

  • Continuous improvement in data processes and analytical frameworks

Qualifications & Experience

  • Bachelor’s or Master’s degree in Statistics, Mathematics, Computer Science, Economics, Engineering, or related fields.

  • 2–5 years of experience in data analytics, business intelligence, or related roles (experience in banking/financial services preferred).

  • Strong knowledge of SQL, Python, R, Excel, and data visualization tools such as Power BI or Tableau.

  • Proven ability to translate business problems into data-driven solutions.

  • Familiarity with statistical modeling, data wrangling, and machine learning techniques is an added advantage.

  • Excellent problem-solving, communication, and storytelling skills.

What Makes You a Great Fit

  • You have an analytical mindset and a deep curiosity about how data can drive better decisions.

  • You’re comfortable working with large datasets and uncovering insights others might miss.

  • You take ownership of your projects and see them through from ideation to execution.

  • You’re proactive, innovative, and unafraid to challenge the status quo for continuous improvement.

  • You understand not just the numbers, but the bigger picture—how data insights align with business strategy and customer value.

Why Join IDFC FIRST Bank?

At IDFC FIRST Bank, we believe in combining innovation with purpose. We’re redefining what it means to be a modern bank by leveraging technology, analytics, and data to create impact at scale. You’ll work with a talented team of data professionals who are passionate about building intelligent systems that empower better financial experiences for millions of customers.

Upload your CV/resume or any other relevant file. Max. file size: 2 GB.