Senior Analyst - Credit Risk Modeling

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

• Gain hands-on experience in shaping the reliability of key credit risk models by supporting performance monitoring activities and helping ensure alignment with strong risk governance standards—placing you at the heart of data-driven decision making.
• Identify performance issues, and contribute meaningful insights and recommendations—while growing in a culture that encourages curiosity, innovation, and continuous improvement

Job Details

Position Title:  Sr Analyst, Credit Risk Modeling

Career Level:  P2

Job Category: Senior 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 enhances the reliability of credit risk models by supporting automated monitoring, analyzing performance issues, and delivering clear insights to stakeholders—strengthening model governance and enabling informed decision-making.

Key Deliverables

• Support task automation and execution of ongoing model monitoring utilizing tableau for credit risk models across various commercial and consumer loan portfolios
• Assist with deep dive and root cause analysis using in-depth statistical analysis to assess model risk and performance.
• Prepare and maintain detailed monitoring reports and power point presentations to align with the ongoing monitoring plans adhering to risk management guidelines.
• Communicate performance results, model breaches, and other concerns to senior management and model users in a clear and actionable manner, supporting informed decision-making
• Identify potential improvements to current procedures, plans, and controls to achieve business objectives.
• Work closely with the modeling team to identify and address model performance issues.
• Support and remediate identified model findings as it pertains to ongoing model monitoring related observations.

Skills and Qualification

Functional Skills:

• 3+ years of experience in credit risk model development or monitoring
• Experience with Commercial and Consumer Loan Portfolios
• Familiarity with US banking regulations and risk analytics/governance standards
• Attention to detail, strong organizational skills, and ability to work independently
• Excellent oral and written communication skills
• Ability to manage multiple projects and meet deadlines efficiently
   

Technical/Business Skills:

• Proficiency in quantitative techniques and statistical modeling tools (e.g., SAS, SQL)

• Experience generating automated reports and dashboards using Tableau or Power BI
• Experience with Cloud Engineering tools (e.g., Azure)
• Experience working with APIs to extract and ingest data from external sources
• Strong data interpretation, analytical, and code debugging skills
• Understanding of statistical concepts and modeling, including regression analysis, time series, and risk metrics
• Proficiency in Microsoft Office, especially Excel and PowerPoint

Qualification / Experience

• Bachelor's Degree and 4 years of experience in Financial, Statistical or Quantitative Analysis Experience OR High School Diploma or GED and 8 years of experience in Financial, Statistical or Quantitative Analysis Experience
• Strong experience in generating automated reports in a dashboarding tool like Tableau or Power BI to generate actionable insights
• Advanced proficiency in Python
• Hands on experience in CECL and CCAR model development with strong understanding of statistical concepts

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.