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Senior Model Risk Analyst

IDFC FIRST BankMumbai, Maharashtra, IndiaPosted 18 May 2026

The Senior Model Risk Analyst at IDFC FIRST Bank focuses on validating quantitative models within the Market Risk function. Responsibilities include evaluating model performance, quantifying risk, and maintaining governance frameworks across Treasury and Retail domains. Candidates must have expertise in statistical tools, programming languages like Python or R, and regulatory risk standards. This role requires independent management of validation projects and clear reporting to senior management.

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Experience

2+ years

Function

Finance

Work mode

Onsite, India

Company

Tier 2

What you will work on

The Senior Model Risk Analyst at IDFC FIRST Bank focuses on validating quantitative models within the Market Risk function. Responsibilities include evaluating model performance, quantifying risk, and maintaining governance frameworks across Treasury and Retail domains. Candidates must have expertise in statistical tools, programming languages like Python or R, and regulatory risk standards. This role requires independent management of validation projects and clear reporting to senior management.

TAL's take

Quality 60/1005/5 clarityTier 2 company

Stable role within an established bank, though the company tier and scope are standard for this level.

Clear responsibilities, well-defined domain focus, and specific technical requirements.

Salaries at IDFC FIRST Bank

21.6 LPA average

Based on 5 Grapevine salary entries for IDFC FIRST Bank.

View all salaries

Other roles

0 - 2 years

16 LPA average

Range: 10 - 22 LPA

Other roles

2 - 4 years

20 LPA average

Range: 20 - 20 LPA

Other roles

4 - 6 years

22 LPA average

Range: 22 - 22 LPA

Other roles

6 - 8 years

34 LPA average

Range: 34 - 34 LPA

Must haves

  • Minimum 2 years of relevant experience in model validation or development
  • Strong expertise in quantitative modeling techniques and statistical tools
  • Proficiency in programming languages such as Python, R, or SAS
  • Deep understanding of model risk governance and regulatory expectations
  • Excellent analytical, problem-solving, and documentation skills

Tools and skills

pythonrsaseconometricsfinancial engineeringadvanced statisticsmachine learningdata analysis

About the company

Established Indian bank with significant retail and wholesale operations.

Posts mentioning IDFC FIRST Bank

Legal/Banking Advice Needed

In my CIBIL report i can see one loan account from IDFC registered on my account (2yrs old consumer loan account). Though it is paid timely but it's not mine. And I have never had an account with IDFC in my entire life and the amount is very less only 13k. 1. What measures should i take to remove that account from my name or from the CIBIL report? 2. How to know the account number? Might be needed to share with the bank.. Also, is there any way to check how many credit cards or loan accounts are in my name currently or in past?

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