Senior Analyst - Regulatory Reporting

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 Exciting opportunity to be part of the External Reporting team with exposure to work on various US regulatory reports. Explore and drive the data related projects and issue remediation programs across the entire Regulatory Reporting function as well as get a chance to work on multiple automation projects. Job Details Position Title: Senior Analyst - Regulatory Reporting Career Level:  P2 Job Category: Senior Associate Role Type: Hybrid Job Location: Bangalore   About the Team: Regulatory Reporting team covers high risk reports such as Call Report, FR Y-9C, FR Y-14M, FR Y-14Q etc. along with handling of multiple data related projects, issue remediation programs and drive process automation. The team interact with multiple functions such as IT, Data, Line of Business etc. Job Summary Senior Analyst – Regulatory Reporting, who will be responsible to work on US regulatory reports to ensure compliance with legal and regulatory requirements, company policies and procedures, and generally accepted accounting policies using various application. Additionally, should be able to demonstrate critical thinking, data analytics, issue remediation, driving the data migration projects etc. The candidate will be part of the External Reporting Group. Key Deliverables (Duties and Responsibilities) Ensuring accurate loan reporting across various reports but not limited to FFIEC031, FR Y-9C, FR Y-14M, FR Y-14Q etc. Communicate issues with appropriate data owners. Monitor and track issues to ensure timely and appropriate resolutions are achieved. Active participation in issue identification and remediation as well as functional brainstorming on regulatory reporting requirements review and implementation Preparing key metrics for periodic updates to stakeholders. Assess, develop and maintain proper controls, robust documentation, and change management approach for all reporting areas – automated and manual – associated with regulatory reporting function. Partner with Financial, business subject matter experts, other analysts and developers to ensure requirements are…