Branch Manager - MFI North
Bajaj Finance
Cluster Manager - Risk
About this role
| 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 |
Frequently Asked Questions
Is the salary disclosed for the Cluster Manager - Risk position at Bajaj Finance?
The salary for this Cluster Manager - Risk role at Bajaj Finance is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Cluster Manager - Risk position at Bajaj Finance located?
This Cluster Manager - Risk role at Bajaj Finance is based in Pune, Maharashtra, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Cluster Manager - Risk role at Bajaj Finance full-time or part-time?
This is listed as a FULL TIME position. It is posted as a Cluster Manager - Risk role at Bajaj Finance.
How do I apply for the Cluster Manager - Risk position at Bajaj Finance?
Click the "Apply Now" button on this page. You will be redirected to Bajaj Finance's official application portal hosted on peoplestrong where you can submit your application directly.
When was the Cluster Manager - Risk job at Bajaj Finance posted?
This Cluster Manager - Risk position at Bajaj Finance was posted on Sep 17, 2026. Apply as soon as possible — early applications are often reviewed first.
Cluster Manager - Risk
Bajaj Finance
You'll be redirected to Bajaj Finance's official application page on peoplestrong.