Cluster Manager - Risk/Senior Cluster Manager - Risk

Job description

**Job Purpose** - This position is open with Bajaj Finance ltd. - Manage and enrich Franchise customer data of 45 Cr to enable creation and generation of Pre-Approved offers, improve Approval rates by enriching data through verified sources and enable instant disbursals by continuously improving fill rates of verified information to help scale volumes in 3in1 App. - Responsible for identifying data requirements and evaluating quality of data sourced through external vendors. - This capability will help build scale on 3in1 App of the Company and targets to improve Market share of the Company by 10% from current levels at the same portfolio risk levels **Duties and Responsibilities** 3. - PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) - Data Quality, Data Standardization & New Data Enrichment Management o. - Data Standardization & Data Quality o. - Ensure all Existing & Prospect records are maintained in a single repository o. - All other data points related to these records and any data enrichment to be maintained in a single repository o. - Define SOP & rules for duplicate identification and resolution o. - Define validation rules for data fields to ensure that junk data does not enter the repository o. - Prepare BRD and User Story for development of Internal Data Storage design that enables to maintain every data point received with tagging of Source, time, Verified / Non-Verified data and Confidence level of the same. - o. - Define field quality validations and create data quality index o. - Define logic for flagging of Confidence levels for the data fields to enable end users of the data to use the data as per their confidence flagging o. - Governance of New Data element or New Data Source o. - Work with IT BIU team in creation of Real Time Data Quality dashboards o. - Responsible for ensuring error rates in Data Quality are maintained within threshold levels o. - Work with IT BIU team in creation of Data Confidence & Fill Rate dashboards o. - Define SOP and scope of activities for Data Quality management through Manual intervention to be executed through outsourced Credit Ops shop in Bareily o. - Control checks on data quality management done through Bareily shop o. - Define validation rules and confidence levels for any variable brought into the single repository o. - Responsible to ensure that the data tables have no data quality issues o. - Data Enrichment o. - Engage with Partnership team in validating the information is meeting the quality standards that have been defined o. - Will qualify whether data points from a Particular Partner or Source can be used for Enrichment o. - Will also identify and maintain list of sources, websites which are to be used for Data Enrichment - Stakeholder Management - Setup and convene Change Control Board meeting with all stake holders across all businesses and functions - Engaging with Data Partnership team for Data quality and Data Offer team for usage of data for offer generation - Engaging with EDW team for creating and managing tables - Team development - Identify the right talent at positions within the function - Establish individual performance expectations and regularly review individual performance of the team - Identify development needs of teams and provide appropriate opportunities (trainings for professional development etc. - ) to ensure teams are motivated and equipped to drive business **Required Qualifications and Experience** ucational Qualifications a). - Qualifications - Post-graduation/ MBA/ Educational background in mathematical, statistical and data science orientations b). - Work Experience - Minimum 7+ years of experience in EDW management - Experience with large data handling and quantitative analysis - Exposure to data analytics tools (Eg. - SAS, SQL and Decision Tree) automated BI reports - Strong Problem-solving ability and analytical skills