The median Data Scientist (Risk & Compliance) salary in India is ₹20.6L in 2026, with a typical range from ₹20L to ₹21.5L. Pay has moved +12.5% year-on-year. Bengaluru currently leads city pay at ₹22L. This is base salary for permanent employees. Contracting instead? See day rates for this role below.
What does A Data Scientist (Risk & Compliance) do?
A Data Scientist (Risk & Compliance) is responsible for building statistical and machine-learning models for credit risk, fraud detection, and regulatory compliance monitoring within a bank or fintech.
Day-to-day responsibilities
- Building and validating credit-risk or fraud-detection models
- Running model performance monitoring
- Documenting models for regulatory review
- Working with compliance teams on model explainability requirements
Medium demand+18% Credit risk / fraud modelling+14% Model validation & explainability+11% Regulatory model documentation