Risk Analyst
Kotak Mahindra Bank | Mumbai | Posted 1 month ago
Salary
₹700,000 - ₹1,100,000 / year
Job Type
full-time
Location
Mumbai
Experience
2-4 years
Job Description
Kotak Mahindra Bank seeks Risk Analysts for their risk management division. Assess credit and market risks.
As a Risk Analyst at Kotak Mahindra Bank in Mumbai, you will work within the risk management division to evaluate, monitor, and mitigate credit, market, and operational risks across the bank's lending and investment portfolios. This full-time position is critical to the bank's financial health and regulatory compliance, involving quantitative risk modeling and close collaboration with business teams.
You will build risk scorecards, develop early warning systems, and contribute to stress testing exercises mandated by the Reserve Bank of India. The role requires strong analytical capabilities, proficiency in statistical tools, and a thorough understanding of banking products and regulatory requirements. Kotak Mahindra Bank offers a meritocratic culture, structured career advancement in risk management, and compensation benchmarked to the top of the banking industry.
This established organization offers a professional work environment with growth opportunities and competitive compensation in the Indian market.
This is a full-time position offering comprehensive benefits including health insurance, provident fund contributions, and paid leave. The role provides a clear career progression path with annual performance reviews and merit-based promotions. The compensation range for this position is INR 7 - 11 LPA, commensurate with experience and qualifications.
The ideal candidate will be based in or willing to relocate to Mumbai, bringing 2-4 years of relevant industry experience. You will join a collaborative team focused on delivering impactful results while developing your professional expertise in a supportive environment.
Requirements
- 2-4 years risk analysis
- Statistical modeling skills
- Banking domain knowledge
- Proficiency in statistical tools such as SAS, Python (scikit-learn, pandas), or R for building risk models
- Understanding of Basel III norms, provisioning standards, and RBI risk management guidelines
- Experience with logistic regression, decision trees, and survival analysis for credit risk scoring
- Strong Excel and SQL skills for data extraction, analysis, and reporting
Responsibilities
- Credit risk assessment
- Risk modeling and reporting
- Regulatory compliance
- Develop and validate credit risk scorecards for retail and corporate lending portfolios
- Prepare periodic risk reports for senior management, board committees, and regulatory submissions
- Monitor portfolio quality indicators including NPA trends, concentration risks, and provision coverage
- Collaborate with the internal audit team to address risk-related observations and implement corrective actions
Skills Required
Fill out the application form to submit your candidature.
Company Information
Kotak Mahindra Bank
- Mumbai
- Company Website
- Banking & Finance
- Posted: Apr 23, 2026
- Deadline: Jul 07, 2026
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