Head of Risk Management at First Citizens India

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

02 May, 26

Salary

0.0

Posted On

02 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Leadership, Communication, Change Management, Regulatory Compliance, Risk Governance, Operational Risk, Enterprise Risk, Model Risk, AML, Credit Review, Data Aggregation, Process Reengineering, Stakeholder Management, Ethics, Collaboration, Strategic Thinking

Industry

Financial Services

Description

FC Global Services India LLP (First Citizens India), a part of First Citizens BancShares, Inc., a top 20 U.S. financial institution, is a global capability center (GCC) based in Bengaluru. Our India-based teams benefit from the company’s over 125-year legacy of strength and stability. First Citizens India is responsible for delivering value and managing risks for our lines of business. We are particularly proud of our strong, relationship-driven culture and our long-term approach, which are deeply ingrained in our talented workforce. This is evident across all key areas of our operations, including Technology, Enterprise Operations, Finance, Cybersecurity, Risk Management, and Credit Administration. We are seeking talented individuals to join us in our mission of providing solutions fit for our clients’ greatest ambitions. Job Description: Value Preposition This role will lead the Second line Risk function for First Citizens India (FCI) in alignment with the global Risk organization at First Citizens Bank In addition to leading the Risk function in India, the role will be a core member of the India Leadership Team, with direct influence and contribution to overall strategy, governance, culture and key site-level priorities, including talent development, innovation, and community engagement Job Details Position Title: Head of Risk Management - India Career Level: L5 Job Category: Managing Director Role Type: Hybrid Job Location: Bengaluru About the Team: This role heads the second line Risk function at First Citizens India, leading a growing 150+ member team across diverse risk disciplines. This team is integral to the global risk and compliance capabilities and initiatives of the bank as well as provides entity-wide risk and compliance oversight for India. Impact Head of Risk Management, India is the senior-most risk leader for First Citizens India, responsible for providing enterprise-wide risk management oversight across all risk disciplines, The role operates within a matrix reporting structure, reporting directly to the India Country Head with a functional line to the Global Risk Office. The role strengthens regulatory trust, protects the firm’s reputation and license to operate, and ensures that risk considerations are embedded into strategic and operational decision-making—enabling sustainable growth while maintaining strong independent challenge. Key Deliverables Enterprise & Strategic Risk Leadership Serve as the senior-most risk leader in India, providing independent oversight across all material risk types Act as a trusted risk advisor to the India Country Head and senior leadership team Represent FCI within the Global Risk Office and global risk governance forums Ensure India risk strategy is aligned with global risk appetite, priorities, and standards Anticipate regulatory developments and proactively adapt risk frameworks and practices Risk Transformation & Capability Building Execute global risk initiatives and transformation programs within India Strengthen risk capabilities across Risk function including operational risk, enterprise risk, model risk, compliance, AML, Credit Review and other Risk disciplines Partner with global teams to enhance risk data quality, reporting, and technology enablement Drive process re-engineering, automation, and scalability of risk operations People, Culture & Leadership Lead, develop, and inspire a large India-based risk organization within a matrixed global structure Build a strong pipeline of risk leaders aligned to global capability and leadership standards Foster a culture of constructive challenge, accountability, and transparency Act as a role model for strong risk ethics and conduct across the organization Skills and Qualification Functional Skills Proven experience leading enterprise or regional risk functions within large, regulated financial institutions Strong ability to operate effectively in matrixed, global organizations with dual accountability Executive presence with the ability to influence senior stakeholders, Risk governing boards, and regulators Sound risk judgment and the ability to balance risk discipline with business objectives Strong people leadership, change management, and organizational development capabilities Excellent communication skills with the ability to simplify complex risk issues for diverse audiences Technical Skills Deep understanding of Enterprise Risk Management frameworks and risk governance models Expertise across key risk domains including operational risk, compliance risk, model risk, and internal controls Experience implementing global risk policies within local regulatory environments Familiarity with global regulatory standards and supervisory expectations applicable to multinational banks Experience with risk data aggregation, reporting, and use of GRC and risk technology platforms, like Archer Qualification 20+ years of progressive experience in risk management within large financial services organizations with a minimum of 10+ years in executive leadership roles in matrixed environment with US facing GCC or offshore risk organizations Strong domain expertise across 1st and 2nd Lines of Risk function capabilities with exposure to Internal Audit and Banking Regulators in a global banking context. Deep understanding of banking regulatory landscape, Operational and Enterprise Risk Management, Compliance, Controls, Model Risk, AML, Credit Review capabilities Professional certifications such as FRM, PRM, CRMA, or equivalent preferred Bachelor’s degree required; MBA or relevant master’s degree preferred Proven ability to lead Risk transformation, including automation and process reengineering. Highly skilled in cross-cultural leadership, change management, and talent development. Leadership Qualities Strategic thinker with strong execution discipline Independent, principled, and courageous in providing challenge Collaborative leader who builds trust across global and local teams Resilient and decisive in complex, high-stakes environments Strong commitment to integrity, ethics, and risk excellence Leads teams guided by First Citizens Values with strong collaboration skills across peers and partners Relationships & Collaboration Reports to: Country Head, India Partners with: India Leadership Team, Global Risk Leadership Team, Global Services Leadership, First Line Risk Leadership, Internal Audit Group Accessibility Needs We are committed to providing an inclusive and accessible hiring process. If you require accommodations at any stage (e.g. application, interviews, onboarding) please let us know, and we will work with you to ensure a seamless experience. Equal Employment Opportunity FC Global Services India LLP (First Citizens India) is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive and accessible environment and prohibit all forms of discrimination on the basis of gender, religion, caste, disability, sexual orientation, economic status or any other characteristics protected by the law. We strive to foster a safe and respectful environment in which all individuals are treated with respect and dignity. Our EEO policy ensures fairness throughout the employee life cycle. FC Global Services India LLP (First Citizens India), a part of First Citizens BancShares, Inc., a top 20 U.S. financial institution, is a global capability center (GCC) based in Bengaluru. Our India-based teams benefit from the company’s over 125-year legacy of strength and stability. First Citizens India is responsible for delivering value and managing risks for our lines of business. We are particularly proud of our strong, relationship-driven culture and our long-term approach, which are deeply ingrained in our talented workforce. This is evident across all key areas of our operations, including Technology, Enterprise Operations, Finance, Cybersecurity, Risk Management, and Credit Administration. We are seeking talented individuals to join us in our mission of providing solutions fit for our clients’ greatest ambitions. Ready to join our team? Explore available positions and apply now on our careers site. First Citizens BancShares, Inc., a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™, is the financial holding company for First-Citizens Bank & Trust Company ("First Citizens Bank"). Headquartered in Raleigh, N.C., First Citizens Bank has built a unique legacy of strength, stability and long-term thinking that has spanned generations. Visit: https://www.firstcitizens.com/

Responsibilities

The Head of Risk Management will lead the second line Risk function for First Citizens India, providing enterprise-wide risk management oversight across all risk disciplines. This role will also act as a trusted advisor to the India Country Head and senior leadership team, ensuring alignment with global risk strategies.