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
- Shape and strengthen model execution capability by working hands-on with CCAR stress testing, automation, and scalable Python implementationsdirectly contributing to high-impact regulatory outcomes and model performance reliability.
- Drive innovation and efficiency by building automated testing frameworks, improving processes, and partnering closely with modeling teams and business stakeholderscreating measurable improvements in model delivery, documentation quality, and operational resilience
Job Details
Position Title: Analyst - Credit Risk Modeling
Career Level: P1
Job Category: Associate
Role Type: Hybrid
Job Location: Bangalore
About The Team
At First Citizens, we are dedicated to maintaining the financial stability of our institution while managing risk across a broad range of commercial and consumer loan portfolios. The Modeling and Analytics plays an integral role in developing, maintaining, and monitoring credit risk models that maintains the strength of our loan portfolios, which include sectors such as Commercial & Industry (C&I), Commercial Real Estate (CRE), Equipment Finance (EF), Mortgages, Home Equity Lines of Credit (HELOC), Credit Cards, and Auto loans. The Modeling and Analytics team operates within the first line of defense, serving as a critical bridge between risk management and the business.
Impact
This role directly supports the accuracy, reliability, and readiness of regulatory and financial models by enhancing automation, improving testing rigor, and streamlining model execution workflows. The work enables faster delivery, fewer production issues, and stronger compliance, ultimately contributing to better decision-making and regulatory confidence.
Key Deliverables (Duties and Responsibilities)
- Model Implementation Support model execution for CCAR stress testing and scenario analysis to assess model performance under varying economic conditions. Assist in preparing required documentation for second-line risk review.
- Participate in Python based development, integration, and testing activities for financial models and financial reporting code.
- Design and deliver efficient, scalable, and maintainable technical solutions.
- Develop and maintain automated testing frameworks to support Python model implementation and validation.
- Collaborate with business stakeholders to understand requirements, communicate progress, and support prioritization of development activities and backlog items.
- Business Support Provide day-to-day production and operational support for assigned systems, models, and business processes.
- Process Improvement Identify enhancement opportunities across existing processes, documentation, workflows, and controls to strengthen efficiency, compliance, and alignment with regulatory expectations
Skills And Qualification
Functional Skills:
- Sound understanding of Financial & Statistical concepts and experience with quantitative analysis
- Strong attention to detail, excellent organizational abilities, and the capability to work both independently and collaboratively
- Exceptional oral and written communication skills, with the ability to simplify complex technical concepts for business stakeholders
- Ability to manage multiple projects, prioritize effectively, and meet time-sensitive deadlines
Technical/Business Skills
- 2+ years of experience working in an Information Technology field supporting Data Analytics, Data Engineering, or other data-intensive area
- Experience with Cloud Engineering Tools (e.g. Azure, Google Cloud Platform/GCP, Amazon Web Services/AWS)
Qualification / Experience
- Master's degree in Statistics, Mathematics, Finance, Economics, Information Sciences or any quantitative field or MBA in Finance
- Certifications like CFA or FRM will be desirable
- Advanced proficiency in Python
Relationships & Collaboration
To build strong onshore and offshore relationships and foster effective collaboration, prioritize transparent communication, cultural sensitivity, and clear goal alignment, while making sincere efforts to bridge geographical gaps and manage time zone differences. Foster trust and creating a unified one team culture to drive mutual success and growth.
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. 
