Sr Data scientist at Fragma Data Systems · Remote only · 5 - 10 years · ₹15L - ₹40L / yr · Profitable · Remote only · Posted 22 Feb 2022

- Data & Analytics team is responsible to integrate new data sources and build data models, data dictionaries and machine learning models for the Wholesale Bank.
- The goal is to design and build data products to support squads in Wholesale Bank with business outcomes and development of business insights. In this Job Family we make a distinction between Data Analysts and Data Scientist. Both scientists as analysts work with data and are expected to write queries, work with engineering teams to source the right data, perform data munging (getting data into the correct format, convenient for analysis/interpretation) and derive information from data.
- The data analyst typically works on simpler structured SQL or similar databases or with other BI tools/packages. The Data Scientists are expected to build statistical models or be hands-on in machine learning and advanced programming.
- Role of Data Scientist to support our Corporate banking teams with insights gained from analyzing company data. The ideal candidate is adept at using large data sets to find opportunities for product and process optimization and using models to test the effectiveness of different courses of action. They must have strong experience using a variety of data mining/data analysis methods, using a variety of data tools, building and implementing models, using/creating algorithms and creating/running simulations. They must have banking or corporate banking experience.
6 Years - 10 Years
Analytics
- Should be comfortable in solving Wholesale Banking domain analytical solution within AI/ML platform

Similar jobs (8)
Job Summary:
We are looking for a skilled Data Scientist with strong expertise in demand forecasting, predictive analytics, and emerging Generative AI technologies. The ideal candidate should have hands-on experience in machine learning, deep learning, NLP, and LLM-based solutions, along with proficiency in Python, SQL, Power BI, and advanced Excel. This role involves building scalable forecasting models and leveraging AI/GenAI to deliver actionable business insights.
Key Responsibilities:
- Develop and deploy demand forecasting models using machine learning and deep learning techniques.
- Analyze historical data to identify trends, seasonality, and demand patterns.
- Build predictive models to improve supply chain and inventory planning.
- Work with large datasets using Python and SQL for data extraction, transformation, and analysis.
- Design dashboards and reports using Power BI for business stakeholders.
- Utilize advanced Excel techniques (Pivot Tables, Power Query, formulas) for analysis and reporting.
- Build and integrate NLP-based solutions for text data analysis and insights.
- Develop and implement LLM-based applications using Generative AI frameworks.
- Design and deploy RAG (Retrieval-Augmented Generation) pipelines for intelligent data retrieval and response generation.
- Collaborate with cross-functional teams (operations, finance, product) to align forecasting and AI solutions.
- Continuously improve model accuracy and performance through experimentation and optimization.
Required Skills:
- Strong proficiency in Python (Pandas, NumPy, Scikit-learn, TensorFlow/PyTorch).
- Solid understanding of machine learning & deep learning algorithms.
- Experience in demand forecasting / time-series analysis (ARIMA, Prophet, LSTM, etc.).
- Hands-on experience with NLP techniques and libraries (NLTK, SpaCy, Transformers).
- Experience working with LLMs and Generative AI frameworks (OpenAI, Hugging Face, LangChain, etc.).
- Strong understanding of RAG architectures and vector databases (FAISS, Pinecone, etc.).
- Advanced knowledge of SQL for data manipulation.
- Hands-on experience with Power BI for visualization and reporting.
- Expertise in advanced Excel (Power Query, dashboards, data modeling).
- Strong analytical and problem-solving skills.
Preferred Qualifications:
- Experience in supply chain, logistics, or e-commerce forecasting.
- Knowledge of cloud platforms (AWS, Azure, or GCP).
- Familiarity with data pipelines and ETL processes.
- Understanding of business metrics and KPIs related to demand planning.
Sr.Data Scientist,Python, AI ML
We are looking for a skilled Data Scientist to analyze complex datasets, develop predictive models, and generate actionable insights that support business decisions. The ideal candidate should have strong statistical, analytical, and programming skills, along with hands-on experience in machine learning.
Hiring for Data Scientist / Senior Data Scientist
Exp : 4 - 12 yrs
Edu : BE/B.tech/MCA
Work Location : Pune
Notice Period : Immediate - 15 days
Skills :
4+ years of experience in data engineering, data science, or related domains.
Hands-on experience with SQL, Python, and distributed data systems.
Knowledge of machine learning techniques and statistical analysis.
Experience with cloud data platforms (Azure Data Factory, AWS Glue, GCP BigQuery).
Familiarity with DevOps practices and CI/CD for data pipelines.
Platforms & Operations Experience (Preferred)
- Experience working with Azure, AWS, or Google Cloud data tools.
Operational experience with data orchestration tools (Airflow, ADF, Glue).
Understanding of Kubernetes, Docker, or containerized environments.
Hands-on experience with data warehousing platforms (Snowflake, Redshift, BigQuery).
Experience in monitoring, logging, and alerting operations for data workflows.
Job Description:
As a Data Science Intern, you will collaborate with our data science and analytics teams to work on meaningful projects involving data analysis, predictive modeling, and statistical modeling. You will have the opportunity to apply your academic knowledge in a practical, fast-paced environment, contribute to key data-driven projects, and gain valuable experience with industry-leading tools and technologies.
Responsibilities:
- Assist in collecting, cleaning, and preprocessing data from various sources.
- Perform exploratory data analysis to identify trends, patterns, and anomalies.
- Develop and implement machine learning models and algorithms.
- Create data visualizations and reports to communicate findings to stakeholders.
- Collaborate with team members on data-driven projects and research.
- Participate in meetings and contribute to discussions on project progress and strategy.
- Work with large datasets to clean, preprocess, and analyze data.
- Build and deploy statistical and machine learning models to generate actionable insights.
- Conduct exploratory data analysis (EDA) to uncover trends, patterns, and correlations.
- Assist in the creation of data visualizations and dashboards for reporting insights.
- Support the development and improvement of data pipelines and algorithms.
- Collaborate with cross-functional teams to understand data needs and translate them into actionable analytics solutions.
- Contribute to the documentation and presentation of results, findings, and recommendations.
- Participate in team meetings, brainstorming sessions, and project discussions.
Duration: 03 Months (with the possibility of extending up to 6 months)
MODE: Work From Home (Online)
Requirements:
- Any Graduate / PassOuts / Freasher can apply.
- Currently pursuing a Bachelor's or Master’s degree in Data Science, Computer Science, Mathematics, Statistics, or a related field.
- Proficiency in programming languages such as Python, R, or SQL.
- Strong foundation in statistics, probability, and data analysis techniques.
Benefits
Internship Certificate
Letter of recommendation
Stipend Performance Based
Part time work from home (2-3 Hrs per day)
5 days a week, Fully Flexible Shift
Role Overview
As a Data Scientist, you will work with business stakeholders, AI engineers, and domain experts to transform data into actionable insights and intelligent solutions. You will develop machine learning models, perform statistical analysis, and contribute to AI-driven products that create measurable business impact.
Key Responsibilities
Data Science & Machine Learning
- Analyze structured and unstructured data to identify patterns, trends, and business opportunities.
- Perform exploratory data analysis (EDA), feature engineering, and data preparation.
- Develop, evaluate, and optimize machine learning models for prediction, classification, clustering, and forecasting.
- Apply statistical techniques to solve business problems and validate model performance.
- Design and execute experiments to improve model accuracy and business outcomes.
AI Solution Development
- Collaborate with AI Engineers, Data Engineers, and domain experts to build AI-powered solutions.
- Translate business requirements into scalable data science approaches.
- Contribute to Generative AI and advanced analytics initiatives where applicable.
- Document methodologies, model performance, and key findings.
Required Technical Skills
- Strong programming skills in Python and SQL for data analysis, feature engineering, and machine learning.
- Strong understanding of Statistics, Probability, Linear Algebra, and Calculus as applied to machine learning and data science.
- Experience with Exploratory Data Analysis (EDA), data preprocessing, feature engineering, feature selection, and handling missing or imbalanced data.
- Good understanding of Supervised, Unsupervised, and Ensemble Machine Learning algorithms, including their assumptions, strengths, limitations, and appropriate use cases.
- Strong knowledge of Regression, Classification, Clustering, Time Series Forecasting, Dimensionality Reduction, Recommendation Systems, and Anomaly Detection techniques.
- Experience with Model Evaluation, Cross-Validation, Hyperparameter Optimization, Bias-Variance Trade-off, Feature Importance, Explainable AI (XAI), and Performance Metrics.
- Understanding of Statistical Inference, Hypothesis Testing, Probability Distributions, Sampling Techniques, Confidence Intervals, and A/B Testing.
- Experience translating business problems into analytical approaches and developing scalable, data-driven solutions.
- Working knowledge of Generative AI, Large Language Models (LLMs), Prompt Engineering, and Retrieval-Augmented Generation (RAG) is preferred.
Preferred Qualifications
- Bachelor's or master's degree in computer science, Artificial Intelligence, Data Science, Statistics, Mathematics, Engineering, or a related field.
- 2–4 years of experience developing machine learning or data science solutions.
- Experience working on end-to-end data science projects in a business environment.
Nice to Have
- Exposure to Generative AI, LLMs, RAG, or Agentic AI.
- Experience with Computer Vision or Natural Language Processing (NLP).
- Familiarity with cloud-based AI platforms.
- Knowledge of construction, engineering, manufacturing, or industrial domains.
- Participation in hackathons, research, Kaggle competitions, or open-source projects.
Soft Skills
Strong analytical and problem-solving skills, effective communication and collaboration, ownership mindset, adaptability, continuous learning, and a passion for innovation.
We are seeking a Senior Data Science & ML Associate with 4+ years of applied ML experience to build and ship models end-to-end from data prep and feature engineering to training, evaluation, and deployment driving measurable business impact.
Key Responsibilities
• Build, train, and evaluate ML and deep-learning models
• Engineer features and prepare data at scale
• Deploy models and monitor production performance
• Partner with stakeholders to frame problems and metrics
• Communicate results and drive decisions
• Iterate on models from business feedback
Mandatory Skills
• 4+ years applied machine learning
• Strong Python (Pandas, NumPy, scikit-learn)
• Classical ML and deep learning (TensorFlow/PyTorch)
• Solid statistics and experiment design
• SQL and data wrangling at scale
• Model deployment / MLOps exposure
Nice to Have: NLP or computer vision; cloud ML (SageMaker, Azure ML)
Job Description – Data Scientist (Machine Learning & Forecasting)
About the Role
We are looking for a highly skilled Data Scientist with strong expertise in Machine Learning, Traditional Statistical Modelling, Forecasting, and Predictive Analytics. The ideal candidate will have hands-on experience building and deploying end-to-end ML solutions, working with large datasets, and translating business problems into scalable data science solutions.
The role requires a strong foundation in statistics, predictive modelling, feature engineering, model evaluation, and time-series forecasting, along with the ability to collaborate with cross-functional teams to deliver business impact.
Key Responsibilities
- Design, develop, and deploy Machine Learning models for business-critical use cases.
- Build and optimize traditional ML models such as:
- Linear Regression
- Logistic Regression
- Decision Trees
- Random Forest
- Gradient Boosting (XGBoost, LightGBM, CatBoost)
- Support Vector Machines
- Clustering Algorithms
- Develop forecasting solutions using:
- ARIMA / SARIMA
- Prophet
- Exponential Smoothing
- Time-Series Regression Models
- Perform exploratory data analysis (EDA), feature engineering, and data validation.
- Evaluate model performance using appropriate statistical and business metrics.
- Work with structured and semi-structured datasets from multiple sources.
- Collaborate with business stakeholders to understand requirements and translate them into analytical solutions.
- Build scalable data pipelines and support model deployment in production environments.
- Monitor model performance, identify data drift, and implement model retraining strategies.
- Present insights and recommendations to technical and non-technical stakeholders.
Required Skills & Qualifications
- Bachelor's or Master's degree in Computer Science, Statistics, Mathematics, Data Science, Engineering, or a related quantitative field.
- 5+ years of hands-on experience in Data Science, Machine Learning, and Forecasting.
Technical Skills
Machine Learning
- Strong understanding of supervised and unsupervised learning algorithms.
- Experience with ensemble methods and advanced ML techniques.
- Expertise in model selection, hyperparameter tuning, and performance optimization.
Forecasting & Statistics
- Strong understanding of:
- Time-Series Analysis
- Forecasting Techniques
- Statistical Inference
- Hypothesis Testing
- Probability Distributions
- A/B Testing
Programming
- Advanced proficiency in Python.
- Experience with:
- Pandas
- NumPy
- Scikit-learn
- Statsmodels
- XGBoost / LightGBM
- Prophet
Data & SQL
- Strong SQL skills with experience in complex queries and performance optimization.
- Experience working with large-scale datasets.
Visualization
- Experience with Power BI, Tableau, Matplotlib, Seaborn, or Plotly.
- Cloud & MLOps (Preferred)
- Exposure to AWS, Azure, or GCP.
- Understanding of Docker, Kubernetes, CI/CD, and ML model deployment practices.
Key Competencies
- Strong analytical and problem-solving skills.
- Excellent communication and stakeholder management abilities.
- Ability to work independently in a fast-paced environment.
- Strong business acumen and data-driven decision-making mindset.
The Role
Own end-to-end credit & fraud data science: feature engineering from raw bureau JSON ,SMS,DEVICE, scorecard / model development, Business Rule Engine (BRE) design, monitoring, and partnering with product/engineering to put rules live. You will work directly with the existing DS team,Tech,product and founders — decisions are data-backed and debated.
What you will own
- Build and maintain credit scorecards and models for FTB and Repeat Borrowers (Xgboost, Random forest, Support Vector Machine Models, ensemble models, challenger models).
- Engineer features from raw CRIF (or equivalent) bureau JSON — tradelines, enquiries, DPD histories, identity matches — and from raw SMS / FinBox alt-data (collections, rejections, salary, app footprint).
- Design, validate, and ship Models: hard rejects, soft flags, amount caps — with clear lift/capture
/ approval trade-offs.
- Own portfolio risk analytics: vintage / DPD / non-starter / POS bad-rate monitoring; propose tier pauses, cool-offs, and ladder-up changes.
- Build fraud signals (device, SIM/OTP, mule, ring, post-disbursal disappearance) and help prioritise the fraud PRD backlog into production.
- Partner with engineering to productionise features, rules, and models (Watchtower-style shadow underwriting, policy index, monitoring dashboards).
- Challenge and refine existing tier/ladder policy with evidence; communicate clearly to founders and business.
Required experience
- Tenure: 5+ years overall experience in data science/analytics.
- Digital lending: Minimum 3 years hands-on in digital lending/consumer credit (NBFC, fintech lender, digital/STPL/) who has built models themselves.
- Scorecards/models: Built and deployed at least one credit scorecard (first-time borrower or repeat borrower, or combined model) into a live BRE / LOS. Should improve approval–bad-rate trade-offs from production experience.
- Bureau: Parsed and engineered features from raw bureau files (CRIF / CIBIL / Experian JSON or XML) — not only vendor-precomputed attributes.
- Non-starter models: Fraud/non-starter / First Payment default modelling experience in short-tenure lending.
- Limit Assignment: Experience with repeat-borrower ladder / limit-management policies.
- Monitoring and QC: Shadow underwriting/champion–challenger frameworks.
- Alt-data: Worked with SMS / alt-data / device / AA signals for underwriting or fraud (FinBox, similar vendors, or in-house SMS parsing).
- Stack: Strong SQL + Python (pandas, sklearn/Logistic / lightgbm/Xgboost/randomforest, statsmodels). Able to write production-quality notebooks and scripts, not just slide decks.
- Communication: Comfortable debating policy with founders/credit heads using data; owns the "show me the evidence" conversation.
Nice to have:
- Feature stores, Airflow/cron pipelines, S3 + Postgres + DynamoDB.
- Prior Experience: Prior work at a zero-to-one digital lender or STPL product.
What success looks like in 6 months
- A documented feature dictionary from raw bureau + SMS with IV/KS ranking.
- At least one new scorecard/model live with clear expected vs observed bad-rate impact.
- Non-starter / First Payment Defaults monitoring with actionable rule recommendations and clear demonstrated improvements in defaults
- Credible pushback on weak policy ideas — backed by analysis, not opinion.






