Head of Risk Management

Location: Bengaluru

FC Global Services India LLP (First Citizens India), a part of First Citizens Banc Shares, 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…