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 Proposition-
This role provides the unique opportunity to utilize your extensive regulatory and data knowledge to advise and recommend appropriate reporting solutions and build out key processes to ensure data remains accurate and complete for downstream regulatory consumption. Additionally, this role supports the preparation of Credit disclosures as prescribed by the U.S. GAAP as disclosed in the Bank Regulatory Reports, including but not limited to the Call report, FR-Y9C, and the FR-Y14s.
Job Details
- Position Title: Lead Regulatory Data Advisor Credit Administration & Infrastructure
- Career Level: P3
- Job Category: Manager
- Role Type: Hybrid
- Job Location: Bangalore
About The Team
This position is part of the Credit External Reporting team created to support the Large Financial Institution (LFI) reporting requirements, and to ensure compliance with US GAAP and other regulatory agencies reporting instructions.
Impact
This role is crucial to the loan reporting process to deliver and maintain ongoing accuracy and completeness of regulatory data used for reporting.
Key Deliverables
- Take ownership for all assigned loan reporting process areas, which includes obtaining a comprehensive understanding of loan related process activities and controls as well as related company policies and external loan accounting and reporting guidelines and act as a subject matter expert for each of these assigned loan process areas
- Liaise with Accounting Policy, Regulatory Reporting, to perform research, analysis and implementation of existing and new loan related accounting pronouncements and reporting instructions
- Preparation/review of loan related Regulatory Reporting manual data submissions generation via automated or manual data extraction i.e. SQL Cognos / Other Tech processes for the following reports:
- 14-Q
- Y-9C
- FFIEC031/Call
- Other Regulatory Reports
- Preparation/review/establishment of loan reconciliation process (including relevant system data extraction queries/methods) for the FRY-9C/14-Q/FFIEC031 Reports, including applicable reporting and technology related controls
- Preparation/review/establishment of loan reporting data quality monitoring process
- Perform review/research of loan related system logic on an ongoing basis
- Provide data attribute recommendations on new/changed sourcing logic
- Review loan system logic changes as a part of UAT process including approval
- Participate in research of loan related system attributes
Skills And Qualification
To ensure proper fit with these Qualifications of the role, skills listed on resumes will undergo a technical assessment as part of the interview process.
Functional Skills
- Education: Masters Degree in Accounting and / or Data Related Degree plus, CA / CPA preferred
- Prior work experience: This individual will have a minimum+ 8-10 years of experience with Loan reporting and related data and a distinguished record of performance as an accounting or reporting professional.
- Prior career experience with a major public accounting firm or with a major financial institution/banking industry (in the US) is required along with exposure to FRY-14Q report
- Proficient in US GAAP and relevant accounting and financial reporting matters with Bank Regulatory Reporting exposure for US based banks
Technical/Business Skills
- Strong SQL skills and Excel (formulas, pivot tables, etc.) proficient, advanced is a plus
- Advanced skillset in data querying, manipulation, & wrangling through use of SQL
- Ability to research and propose reporting or data solutions on complex loan related accounting and reporting issues
- Experience with data cleansing and testing
- Experience with various reporting platforms (e.g. Tableau, Business Objects) a plus
- Experience solving problems using data and advanced analytic techniques to provide business insights
- Possess the ability to resolve data quality challenges and build infrastructure with their technical counterparts to transform data from disparate sources into dashboards that will be used for reporting
- Provide support in making strategic data related decisions by analyzing, manipulating, tracking, internally managing and reporting data
- Drives creative, innovative ways to approach problems, processes and projects
- Strong discretion with an eye for data governance and compliance
Leadership Qualities
- Strong communication and influencing skills with all levels of stakeholders, including executives
Relationships & Collaboration
- Demonstrated ability to embrace and thrive in ambiguity and in an environment with shifting priorities
- Must be able to multi-task, work efficiently under tight deadlines and proactively track and report progress
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. 
