Data Scientist
This role at L&T Finance involves developing and validating credit risk models, including PD, LGD, and EAD, for various portfolios like housing and consumer loans. The candidate will lead end-to-end delivery of analytical projects, utilizing statistical methodologies and machine learning to inform business strategy and regulatory compliance. Candidates must have 1-4 years of experience in consumer lending analytics and strong programming skills in Python or R. The role is based in Mumbai and requires a quantitative Masters or PhD.
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Experience
1-4 years
Function
Research
Work mode
Onsite, India
Company
Tier 2
What you will work on
This role at L&T Finance involves developing and validating credit risk models, including PD, LGD, and EAD, for various portfolios like housing and consumer loans. The candidate will lead end-to-end delivery of analytical projects, utilizing statistical methodologies and machine learning to inform business strategy and regulatory compliance. Candidates must have 1-4 years of experience in consumer lending analytics and strong programming skills in Python or R. The role is based in Mumbai and requires a quantitative Masters or PhD.
TAL's take
Solid role in a reputable financial institution with well-defined technical responsibilities in credit risk modeling.
Very clear scope regarding credit risk modeling, PD/LGD/EAD development, and specific statistical methodologies required.
Salaries at L&T Finance
31.0 LPA average
Based on 1 Grapevine salary entries for L&T Finance.
Other roles
6 - 8 years | FML
31 LPA average
Range: 31 - 31 LPA
Must haves
- 1-4 years experience in consumer lending credit risk modeling
- Proficiency in Python or R
- Experience with regression and machine learning techniques
- Degree in a quantitative discipline (Masters or PhD)
- Strong understanding of decision science
Tools and skills
Nice to have: google cloud platform.
About the company
Established Indian financial institution, but not a flagship tech-native company.
Posts mentioning L&T Finance
Crocodile Tears
'My wife also felt bad', L&T Chairman breaks silence on work on Sunday comment row, 'I was worried because…' - Trending News | The Financial Express https://share.google/f2cteTW1fKRBY5CE5
Need Guidance !
5.5L fixed, 1 L variable Pay, 25k bonus (if eligible). 2 YOE as UX designer for a service based start-up in tier to 2 city of Tamil Nadu. Also does some video editing, graphic design and documentation and Business Analysis for projects as well along with the primary role as UX Designer. Had delivered ux design for 5+ projects end to end within 2yrs Last yr got hike of 62% from 3.75L to 6.5L . So during my next appraisal how much can I expect , then how much should I target . I have learnt new skills like video editing, ab testing, conversation optimization. as part of key milestones for next appraisal. After work I'm learning figma advanced prototype, framer, vibe coding, adobe suite, IBM's AI product manager in Coursera. Need suggestions: Also I'm planning to switch job depending on the appraisal if btw range of 9L to 11L or at least 10L . Simultaneously looking for jobs abroad for ux design. Since I feel my manager is a bottle neck he doesn't know how to use figma or other Adobe suite , favouritism politics, no proper communication skills but he is paid heavily. Pls let me know your thoughts Any suggestions will help.
Grapevine or Salcringvine?
Just a normal observation! I loved the concept of Grapevine but don’t you guys think every other thread is like: a) I am getting Xx , how many years it is gonna take to reach YY? b) Why x is getting paid y with Z yoE while I am being paid c with d YoE? c) How many of you paying xx tax? d) How many of you spending Xx /month? e) How much salary a SDE3/PM1/PM2/EM1/XXXX should ask for? For Ffs , why don’t I get to see questions like: a) How did you learn execution in the Product management during the initial years? b) What is the basic difference between Webhook and polling? c) Why and when should one use JWT? d) what are some of the problems that are unsolved and can be unriddled using Generative AI? e) Criticize moron founders who are still copying apps in 2024 like literally stealing UI ( Check the Sasta Duolingo from Gaurav Munjal, bhai Matlab bas colour change kar diya and copied Duo lingo ka interface) f) Why checkout finance is shit product and destined to fail? g) What exactly happened with Slice? h) What do we use Kafka for? I) What is platform economy? J)What is aggregation theory concept and how Internet completely subverted that paradigm? k) What are Kubernetes? l) what are some good documentary and channels to watch/follow if you are in tech space? M) What exactly happened at FTx?( I am sure 99% of you guys don’t) I can go on and on and on and on….. ….,,,,,,,,,,,,,, Rant is over, 🙏 Please put an end to stupid salary related polls and threads.