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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 analysisStatistical modeling skillsBanking domain knowledgeProficiency in statistical tools such as SAS, Python (scikit-learn, pandas), or R for building risk modelsUnderstanding of Basel III norms, provisioning standards, and RBI risk management guidelinesExperience with logistic regression, decision trees, and survival analysis for credit risk scoringStrong Excel and SQL skills for data extraction, analysis, and reporting Willingness to learn new technologies and adapt to evolving business needs Strong analytical and problem-solving abilities with attention to detail Excellent written and verbal communication skills in English Proficiency in Risk Analysis, SAS, Python is essential for success in this role Familiarity with Statistics and Banking would be an added advantage

Responsibilities

Credit risk assessmentRisk modeling and reportingRegulatory complianceDevelop and validate credit risk scorecards for retail and corporate lending portfoliosPrepare periodic risk reports for senior management, board committees, and regulatory submissionsMonitor portfolio quality indicators including NPA trends, concentration risks, and provision coverageCollaborate with the internal audit team to address risk-related observations and implement corrective actions Stay current with industry trends and recommend improvements to existing processes Analyze data and metrics to identify opportunities for process optimization Ensure compliance with company policies, security standards, and regulatory requirements Contribute to a positive team culture through mentorship and knowledge transfer

Skills Required

Risk Analysis SAS Python Statistics Banking

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Company Information

Kotak Mahindra Bank

Kotak Mahindra Bank

  • Mumbai
  • Company Website
  • Banking & Finance
  • Posted: April 29, 2026
  • Deadline: 2026-05-27
Apply Now

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