IDFC First Bank Freshers Hiring 2026 | Model Risk Analyst | Mumbai – Apply Now: IDFC First Bank Freshers Hiring 2026 is now open for the Model Risk Analyst role in Mumbai. This is an excellent opportunity for candidates with a strong quantitative background who want to build a career in risk analytics, banking, and machine learning.
👉 Freshers with a Master’s degree are eligible
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| Field | Details |
|---|---|
| Company | IDFC First Bank |
| Role | Model Risk Analyst |
| Location | Mumbai, Maharashtra |
| Qualification | Master’s Degree |
| Batch | 2024 / 2025 / 2026 |
| Experience | 0 – 3 Years |
| Salary | Not Disclosed |
| Apply Mode | Online |
| Last Date | Apply ASAP |
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IDFC First Bank is a fast-growing private sector bank formed after the merger of IDFC Bank and Capital First.
- Strong focus on:
- Retail lending
- Digital banking
- Rapid expansion in:
- Consumer finance
- Risk analytics
👉 The Model Risk team plays a critical role in ensuring loan and fraud models are accurate and reliable.
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This is a highly analytical role where you will:
- Validate statistical & machine learning models
- Work on:
- Credit scorecards
- Fraud detection models
👉 Perfect for candidates interested in Data Science + Finance (Quant roles).
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📊 Model Validation
- Validate:
- Credit risk models
- Fraud detection models
- Check:
- Data integrity
- Mathematical correctness
🔄 Model Monitoring
- Build dashboards to:
- Track model performance
- Detect model drift
⚙️ Automation & Tools
- Develop:
- Automated validation pipelines
- Improve:
- Existing processes
💻 Code & Data Management
- Maintain:
- Code repositories
- Data sources for models
🧠 Research & Problem Solving
- Work on:
- New model types
- Provide:
- Structured analytical solutions
📝 Documentation
- Prepare:
- Detailed validation reports
- Ensure:
- Regulatory compliance
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🎓 Education
- Master’s degree in:
- Statistics
- Mathematics
- Economics
- Computer Science
- Engineering
- Physics
- Operations Research
📅 Batch
- 2024 / 2025 / 2026
💻 Technical Skills
- Programming:
- Python / R / SAS / SQL
- Knowledge of:
- Statistics & Probability
- Machine Learning
- Bonus skills:
- Hadoop / Spark
- Power BI / Tableau
- Cloud (AWS / Azure / GCP)
🗣️ Soft Skills
- Strong analytical thinking
- Clear communication
- Independent problem-solving
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- Resume Screening
- Technical Interview
- Statistics
- ML concepts
- Programming
- HR Interview
Cognizant Off Campus Drive |Batches – 2024, 2025 | Analyst Trainee | Apply Before 15 April
- 💰 Competitive (not disclosed)
- 📈 Strong career growth in Quant & Risk Analytics
- 🏦 Exposure to real banking models
- 📊 Work on production-level ML systems
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Follow these steps:
- Click on the Apply Link provided below.
- You will be redirected to the IDFC First Bank careers page
- Review the job description carefully.
- Click on the Apply button.
- Submit your updated resume and required details.
Apply as soon as possible to avoid missing out.
To Apply – Click Here
This role is ideal if you:
✅ Want a career in Data Science + Finance
✅ Enjoy statistics, ML models, and analytics
✅ Are targeting high-growth quant roles in banking
👉 Compared to typical IT jobs, this role is:
- More analytical
- More domain-specific (finance)
- High long-term value in Quant careers
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