Do you have a strong interest in data analytics and are you seeking a challenging yet exciting opportunity to advance your career?
In 2024, Razorpay will be looking to add a skilled Analytics Associate to our team. This position provides substantial influence, a plethora of growth prospects, and stimulating challenges.
We’ll go over what it means to be an Analytics Associate at Razorpay, the skills you’ll need, and what to anticipate from our exciting work culture in this beginner’s guide.
About Razorpay
In 2014, Shashank Kumar and Harshil Mathur developed Razorpay. With the goal of enabling frictionless banking and payment experiences for businesses of all shapes and sizes, Razorpay is constructing Neobank, a cutting-edge digital banking center, for businesses in India.
Originally founded as a B2B payments startup, it now processes billions of dollars’ worth of payments for thousands of Indian enterprises.
Renowned fintech company Razorpay is transforming how companies handle payments and finance procedures.
Numerous organizations have benefited from our cutting-edge technology and creative solutions, which have established us as industry leaders and helped them streamline their financial operations.
Why Join Razorpay?
Razorpay aims to significantly influence the industry in addition to offering financial solutions. You will be essential to advancing this goal as an Analytics Associate.
You will be a member of a group that respects creativity, diligence, and cooperation.
The Role of an Analytics Associate
What Does an Analytics Associate Do?
Your job as an Analytics Associate at Razorpay will involve using data analysis to inform business choices. To assist various company operations in achieving their objectives, this entails gathering data, processing it, and analyzing the outcomes.
Your opinions will be very important in determining how the business operates and develops its strategies.
Exposure to a Variety of Business Roles
Working as an Analytics Associate at Razorpay will expose you to various business operations and allow you to contribute to their success.
This is not a department-specific function; rather, you will work with many teams, getting to know their requirements and provide data-driven insights to help them succeed.
Responsibilities of an Analytics Associate at Razorpay
1) Solving High Impact Business Problems
You will work with enormous, complicated data sets to address open-ended, highly consequential business problems as an Analytics Associate at Razorpay. This includes:
- Data mining: the process of identifying patterns and trends in huge datasets by extracting valuable information.
- Experimentation: Conducting experiments to measure results and test theories is known as experimentation.
- Statistical Analysis: Analyzing data and drawing conclusions from it using statistical techniques is known as statistical analysis.
- Machine Learning: Modeling and predicting results by utilizing machine learning techniques as appropriate.
2) Developing Business and Product Understanding
You will need to gain a thorough understanding of Razorpay’s operations and line of goods in order to perform your job well. This comprises:
- Insight Derivation:Performing in-depth analysis to find practical insights is known as insight derivation.
- Developing hypotheses: Creating theories based on your observations and rigorously testing them using established techniques.
- Problem Formulation:The process of formulating business problems so that data analysis and machine learning may be used to solve them.
3) Applying Problem-Solving Skills
In order to autonomously scope, dissect, and design solutions, you will need to possess exceptional problem-solving abilities as an Analytics Associate at Razorpay. This includes:
- Initial Principles Thinking: Coming up with creative ideas by starting with basic principles.
- Current Best Practices: Applying the most recent methods and industry best practices in data analysis while maintaining an outside-in viewpoint.
4) Automation and Root Cause Analysis
As an Analytics Associate at Razorpay, one of your main responsibilities will be to employ automation and self-serve platforms to speed up root cause studies and insight production. This comprises:
- Recurring Use Cases: Creating automated solutions to deal with ongoing business issues.
- Self-Serve Platforms: Developing instruments and systems that enable stakeholders to get insights on their own.
5) Involvement in the Product Life Cycle
At Razorpay, you will be intimately involved with a number of phases of the product life cycle, such as:
- Ideation: Assisting in the creation of fresh concepts for products.
- PRD Reviews: Examining PRDs to make sure they are in line with insights derived from data.
Defining Success - Criteria: Creating measurements and standards to gauge how well product features are received.
- Impact assessment: Assessing the effects of recently added features to a product and suggesting enhancements.
6) Storytelling with Business Insights
You will create captivating narratives that enable Razorpay to implement simple, workable business strategies based on intricate data findings. This includes:
- Strategic Focus: Making sure your observations line up with Razorpay’s strategic objectives.
- Effective Communication: Persuading stakeholders with your results through clear and concise presentations.
7) Continuous Improvement of Data Accuracy
You will collaborate with Razorpay’s Business, Product, and Data Engineering teams to continuously improve data accuracy. This comprises:
- Feedback loops: Offering comments on the accuracy and comprehensiveness of data.
- Instrumentation Quality: Ensuring accuracy and dependability through scoping and enhancing data instrumentation.
What are your expectations?
- Possibility to operate in a dynamic setting with the goal of making a significant effect.
- exposure to a variety of business roles, assisting each role in being successful through your efforts.
- Possibility of collaborating with an intellectually stimulating and diligent group of professionals from different backgrounds.
- Incredible work environment with countless chances for both professional and personal development Being independent enough to incorporate your ideas and thoughts into workable business ventures.
- Capacity to immediately put solutions into practice and see them in action; essential collaborator for any organizational decision-making.
- Engage in conversation with a diverse range of individuals, including statisticians, consultants, business professionals, product managers, designers, and developers.
- An open and straightforward culture with a flat organizational structure
- fast-growing, merit-based environment
Knowledge, Skills and Abilities:
- A bachelor’s or master’s degree in business administration, engineering, economics, finance, mathematics, statistics, or a similar quantitative discipline.
- Practical knowledge of Python, Excel, and SQL
- Establish the business and product KPIs that need to be assessed, collaborate with enggg on data instrumentation, and use Tableau, Qlikview, Looker, and other tools to construct and automate self-serve dashboards that can be presented to the appropriate stakeholders.
- The capacity to organize and evaluate data using methods such as EDA, cohort analysis, and funnel analysis; to convert the results into intelligible and practical suggestions; and to successfully convey these recommendations throughout the company.
- gained a thorough understanding of the quantitative and qualitative components of the strategic endeavor or product and used this knowledge to find and take advantage of current gaps and opportunities.
Apply Here: Analytics Associate at Razorpay
- Job Designation: Analytics Associate
- Salary: 6-7 LPA
- Qualification: Bachelor’s Degree
- Experience: Freshers
- Organization Name: Razorpay
- Website: Razorpay
- Industry: financial services
- Type: Privately Held
- Locations: Bangalore, India
- Mode: Offline
Amazing Work Culture
Opportunities for Growth
The goal of Razorpay’s workplace culture is to support employees’ personal and professional development.
The organization is committed to merit-based rapid growth, therefore your efforts and accomplishments will be acknowledged and acknowledged. With this strategy, you’ll have plenty of chances to advance your profession rapidly.
Independence and Innovation
You will be able to independently apply your ideas and concepts to workable business tasks as an Analytics Associate. Razorpay appreciates creativity and pushes staff members to think creatively.
As a result of the opportunity to actively apply solutions and witness their results, you will become an indispensable collaborator in all organizational decision-making processes.
Open and Direct Culture
Razorpay takes great satisfaction in having a direct and open culture inside its flat organizational structure.
This implies that regardless of your stance, you’ll be able to express your thoughts and opinions freely.
Because of this open culture that promotes openness and cooperation, it will be simpler for you to make a significant contribution to the objectives of the business.
How to Apply
We invite you to apply if the prospect of working as an Analytics Associate at Razorpay excites you. This is your opportunity to join an innovative team where your contributions will have a big influence.
Application Process
- Upload Your Resume: Please go to our careers website and send us an application.
Firstly, after reviewing your application, a member of our HR team will get in touch with you to conduct an initial screening. - Technical Assessment: To gauge your analytical prowess, you can be required to finish a technical assessment.
- Interviews: Take part in a number of rounds of interviews with colleagues from different departments.
- Offer: You will be given the opportunity to become an Analytics Associate at Razorpay if you are chosen.
Conclusion:
Being an Analytics Associate at Razorpay offers a special chance to work at a prominent fintech startup in a high-impact role. Working with a varied team and gaining essential experience, this opportunity will allow you to advance both personally and professionally. Apply right away to seize the opportunity to advance your career!
Frequently Asked Questions (FAQs)
1. What does an Analytics Associate at Razorpay do?
An analytics associate works collaboratively with different teams, supports business decisions, and applies data-driven solutions by analyzing huge, complicated data sets to extract insights.
2. Which qualifications are necessary to be an Analytics Associate at Razorpay?
Strong analytical skills, familiarity with data analysis software (SQL, Excel, Python, R), aptitude for problem-solving, effective communication, and teamwork are among the essential competencies.
3.In what ways does Razorpay facilitate professional growth?
Razorpay offers a nurturing atmosphere that fosters both individual and professional development. It also exposes employees to a range of corporate operations and fosters teamwork among highly skilled individuals.
4. How does Razorpay use machine learning in the Analytics Associate role?
You will be able to model issues, extract insights, and create creative solutions for a range of business difficulties by utilizing Machine Learning approaches.
