Credit Risk Analyst

Location: Mumbai, Maharashtra, India

Company: HDFC Bank

HDFC Bank, a leading private sector bank in India, invites applications for a mid-level Credit Risk Analyst. This position offers exposure to a dynamic risk management function within a customer-centric retail and SME lending portfolio. The role provides opportunities to contribute to policy formulation, risk assessment, and portfolio optimization across multiple product lines while working in a collaborative, growth-oriented environment.

Responsibilities

• Evaluate and approve credit proposals for retail and SME customers, ensuring consistency with risk appetite and regulatory guidelines.
• Perform qualitative and quantitative risk analyses using financial statements, credit history, cash flow projections, and industry trends.
• Develop and maintain risk models, scorecards, and early warning indicators to monitor portfolio quality.
• Collaborate with lending, collections, and underwriting teams to implement effective risk controls and loss mitigation strategies.
• Prepare timely risk reports for senior management and regulatory authorities, highlighting concentrations and emerging risks.
• Support Basel II/III regulatory compliance and internal control strengthening across product lines.
• Identify opportunities to improve credit policies, pricing, and risk-adjusted return on investments.

Qualifications

• Bachelor’s degree in Finance, Economics, or a related field. CFA/FRM is a plus.
• 2-5 years of hands-on experience in credit risk assessment, underwriting, or credit analytics in banking or financial services.
• Strong analytical and data interpretation skills; proficiency in Excel and SQL; knowledge of risk modeling is preferred.
• Excellent written and verbal communication, with the ability to present complex concepts to cross-functional teams.
• Detail-oriented, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Benefits & Perks

• Competitive salary with performance-based incentives
• Medical insurance for employees and dependents
• Provident fund, retirement benefits, and life insurance
• Comprehensive training programs and opportunities for career advancement
• Supportive work culture with emphasis on work-life balance

About the Company

HDFC Bank is one of India’s premier private sector banks known for its widespread branch network, customer-focused solutions, and robust risk management framework. The bank serves millions of customers through a broad suite of financial products, including retail, wholesale, and digital banking services. By combining technology with strong governance, HDFC Bank continues to set industry benchmarks in service quality and responsible lending practices.

Location & How to Apply

The role is based in Mumbai, with occasional travel to regional teams for cross-location collaboration. To apply, visit the HDFC Bank Careers portal and submit your resume along with a cover letter highlighting your relevant experience. Shortlisted candidates will be contacted for an initial interview, followed by technical assessments and a final discussion with the risk leadership team. The closing date for applications is 02 September 2025 (end of business day). Please ensure your profile clearly demonstrates your experience with credit risk analytics, data thinking, and regulatory alignment.