IDFC BANK | Associate Data Analyst
Job Description
🏢 Department/Function: Data & Analytics
📍 Location: Mumbai, India
⏳ Experience Level: 0–2 years (Freshers and Early-Career Professionals)
💼 Job Type: Full-Time
We are looking for an enthusiastic and detail-oriented Associate Data Analyst to join our growing Data & Analytics team in Mumbai. This role is ideal for candidates passionate about data-driven decision making, emerging technologies, and analytical problem solving. As an Associate Data Analyst, you will identify business needs, design analytical tools, build data structures, and support the development of innovative solutions that enable the organization to leverage the power of data for strategic growth.
This role provides an excellent opportunity for graduates and early-career professionals to gain hands-on experience in data analysis, data modeling, test strategy development, and stakeholder management, while contributing to real business use cases.
Key Responsibilities
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Gather and analyze business requirements, identify priorities, and scope projects to ensure effective delivery of data-driven solutions.
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Monitor and evaluate emerging technology trends in data and analytics to identify new opportunities for innovation and business value.
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Design and develop data structures and data flow mechanisms for both structured and unstructured data, ensuring efficient storage, retrieval, and processing aligned with business requirements.
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Implement data lifecycle management guidelines, processes, and norms, ensuring compliance, security, and effective resolution of potential data breaches.
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Collaborate with cross-functional stakeholders to design solution blueprints and technical architectures that address current needs and prepare for future scalability.
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Manage stakeholder expectations, aligning project deliverables with organizational goals and business objectives.
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Develop and execute systematic test strategies to verify solutions against performance, load, and volume benchmarks.
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Identify and evaluate opportunities for digitization and data-driven business innovations, bridging the gap between physical and digital ecosystems.
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Apply analytical tools and advanced computational methods to design intelligent systems that learn, adapt, and produce actionable business insights.
Key Success Metrics
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Successful development and deployment of analytical tools.
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Tangible business use cases enabled by data insights.
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Improved data handling and compliance practices across the organization.
Required Qualifications
Education
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Bachelor’s degree in Science (B.Sc), Technology (B.Tech), or Computer Applications (BCA).
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Master’s degree in Science (M.Sc), Technology (M.Tech), or Computer Applications (MCA) preferred.
Experience
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0 to 2 years of experience in data analysis, business intelligence, or related fields.
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Exposure to analytical tools, data modeling, or programming languages is an added advantage.
Skills & Competencies
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Strong analytical and problem-solving mindset with attention to detail.
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Familiarity with SQL, Python, R, or other data manipulation tools (preferred).
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Ability to understand and work with structured and unstructured data.
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Good knowledge of data lifecycle management, test strategies, and solution design.
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Excellent communication and stakeholder management skills.
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Curiosity for emerging trends in data analytics, AI, and machine learning.
Expected Salary (Mumbai)
The typical salary range for an Associate Data Analyst in Mumbai is between ₹3,80,000 – ₹6,50,000 INR per annum, depending on educational background, technical skills, and project/internship experience.
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