Must Have Skills:
- Python / R
- Experience in risk scorecards, predictive modelling, machine learning.
- Experience in Univariate and Multivariate Regression, Generalized Regression Modelling, Time series forecasting.
Key Results Areas
- Data mining and identification of trends
- Communication of trends and insights to stakeholders
- Development of scorecards & predictive models
Responsibilities
- understand a business problem & translate into statistical one is a must.
- He/she should be able to decide on the best modeling/analysis techniques and provide actionable insights/ model algorithms to the business.
Model development & Deep-dive Strategic Analysis:
- Data extraction: Extract data from appropriate sources. Require knowledge of databases.
- Data processing: Perform complex data processing (e.g. merging, sorting, data transformations).
- Profiling and analysis: Combine in-depth business knowledge, insights, and techniques such as data visualization, cross-tabs, statistical tests, and data mining techniques to identify risk segments, behavioral trends, product preferences, up-selling, cross-selling, and retention opportunities
- Model development: Apply standard and cutting-edge techniques (statistical modeling, data mining, predictive analytics, machine learning, optimization) to identify drivers of a business metric. Compare techniques using validation to arrive at the best model.
Model scoring and business applications of modeling/analytics:
- Insert developed models into the scoring process
- Improvise the models based on feedbacks from scoring process
Communication, Coordination & Presentation:
- Work with a consultative mindset to gather requirements from other team professionals to identify the right requirements.
Skills:
- Extensive experience of statistical tools e.g. R, Python, VBA, Excel etc.
- Experience in statistical modelling using Univariate and Multivariate Regression, Generalized Regression Modelling, Time series forecasting, Non-Parametric methods, Logistic Regression, Survival Analysis, Factor Analysis, Clustering, CART, Decision Trees, CHAID, Linear Optimization, Hypothesis testing, Boosting Techniques, Factor Analysis, Scorecard Development etc
- Experience in risk scorecards, predictive modelling, machine learning etc.
- Ability to extract data from databases, clean and prepare for modelling.