Risk Analyst

Kissht; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Darwinbox Digital Solutions Pvt. Ltd. in Mumbai seeks a detail-oriented Risk Analyst to identify, analyze, and assess risks using data analytics. The role focuses on developing models to predict and mitigate risks and to ensure financial stability and regulatory compliance.

You will monitor exposure, prepare reports for senior management, and stay updated on regulatory changes. Proficiency in SAS/R/Python and strong communication are essential for presenting findings clearly.

Qualifications

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or related field.
• Master’s degree preferred.
• Experience in risk analysis, risk management, or related field.
• Proficiency in SAS, R, Python and SQL.

Responsibilities

• Conduct risk assessments by analyzing data and identifying potential risks to the organization.
• Develop and implement risk management models to predict and mitigate potential risks.
• Monitor risk exposure and report on effectiveness of risk management practices.
• Prepare comprehensive risk reports for senior management.
• Collaborate with other departments on risk-related concerns.
• Stay updated with industry trends and regulatory requirements in risk management.
• Perform stress testing and scenario analysis to evaluate impact of risk factors.

Skills

Risk analysis

Analytical skills

Communication

Attention to detail

Education

Bachelor's degree in Finance/Economics/Statistics/Math

Master's degree preferred

Tools

SAS

R

Python

SQL

Job description

About Job : We are seeking a talented and detail-oriented Risk Analyst to join our Risk Analytics team. The ideal candidate will be responsible for identifying, analyzing, and assessing the potential risks that could affect the organization. This role involves leveraging data analytics to provide insights and recommendations for mitigating risks and ensuring the company's financial stability and compliance with regulatory requirements.

Key Responsibilities:

• Conduct thorough risk assessments by analyzing data and identifying potential risks to the organization.
• Develop and implement risk management strategies and models to predict and mitigate potential risks.
• Monitor and report on risk exposure and the effectiveness of risk management practices.
• Collaborate with various departments to understand and address their risk-related concerns.
• Create comprehensive risk reports and present findings to senior management.
• Stay updated with industry trends, regulatory changes, and best practices in risk management and analytics.
• Utilize statistical software and risk modeling tools to analyze large datasets and generate insights.
• Perform stress testing and scenario analysis to evaluate the impact of different risk factors.

Qualifications

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related field. A Master’s degree is preferred.
• Proven experience in risk analysis, risk management, or a related field.
• Proficiency in statistical software (e.g., SAS, R, Python) and data analysis tools.
• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Knowledge of regulatory requirements and industry standards related to risk management.
• Ability to work independently and as part of a team.
• Strong attention to detail and the ability to manage multiple tasks simultaneously.

Preferred Skills

• Familiarity with Credit bureau datasets.
• Professional certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager) are a plus.
• Familiarity with database management and SQL.