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
Contribute to creating a culture of compliance where ethics and integrity are a critical part of what we do every day.
Job Details
Position Title: Principal Analyst - AML/BSA Compliance Modeling & Analytics
Career Level: P4
Job Category: Assistant Vice President
Role Type: Hybrid
Job Location: Bangalore
About The Team
Financial Crimes Analytics (FCA) under Financial Intelligence Unit (FIU) group at FCB is responsible for the management and strategic leadership in support of the AML compliance needs of the bank. Enterprise-level Monitoring and Innovative Technologies (E-MIT) group operates within FCA that creates and manages AML Risk monitoring solutions for mitigating risks.
Impact
Individual will identify and explore relevant data sources; then create business understanding of the data by applying data mining techniques, build risk-based monitoring tools that helps to manage the Bank's client, geography, product and transactional risk exposure to well within its risk appetite. The individual in this role, will be responsible for data mining efforts, building processes for the team to be able to use insights effectively and efficiently.
Key Deliverables
- Maintain AML Risk monitoring tools, programs and models
- Evaluate the effectiveness of existing AML modeling tools, programs and models
- Collaborate with the AML Investigations, fellow modelers to ensure AML compliance and mitigate the risks to the Bank
- Interact with other groups within FIU and provide utility through analytics support
- Manage, maintain, and improve existing processes and introduce newer processes to maintain adequate coverage of AML Risk associated with the products and services offered by the bank.
- Design mining tools and KDIs for efficient monitoring
- Design processes to integrate data from multiple sources to facilitate advanced analytics
- Develop efficient, scalable, and repeatable processes to run transaction monitoring processes on a regular basis
- Partner with other data scientists/business analysts to make them familiar with the transformed information so that it can be appropriately used by other analysts and statisticians
- Connect and work with business groups to understand the Business case/Use case to develop/design best-in-class analytical solution(s).
- Use best practices framework to ensure data, and model quality and reconciliation checks are in place and are transparent the audit, model risk management and regulators
- Leverage communication skills to collaborate effectively with analysts across SVB
- Evaluate effectiveness of the models and deliver information by working with users of information
- Research external insights and blend with internal insights to create and understanding of the customers (LOBs and AML Investigations)
- Communicate with IT partners to share selected transformation processes by facilitating and reviewing business requirements.
- Document data transformation, model development and monthly processes to satisfy the needs of Model Risk Management, Internal Audit, and the Bank Examiners
Skills And Qualification
Required Area of Experience: Compliance, Legal, Audit, Banking or other related experience
Qualifications
- Master's degree in Mathematics, Computer Science, Finance, Accounting, Economics, Statistics or Operations Research or other quantitative subjects
- 6+ years of experience in AML related analytics and/or business intelligence space
- Strong analytical and problem-solving skills
- Demonstrated experience with the data mining tools SAS and SQL preferably through Oracle PL/SQL.
- Solid understanding of writing and understanding of complex SQL queries
- Extensive knowledge and experience in Oracle SQL and SAS tools/techniques
- Background in data mining tools and techniques for e.g. SAS programming and SQL coding
- Ability to develop and enhance complex PL/SQL scripts, queries, and stored procedures and ETL processes
- Proven Documentation (technical and user documentation) and Verbal and written Communication skills
- Good understanding of BI Methodologies and Practice. Working knowledge with Tableau is a plus
- Experience with systems integration, building system models by combining model components and testing the integrity of modeling systems, proficient with model and systems implementation testing
- Knowledge of Data Governance and DQ framework is a plus
- Background in Modeling in Banking/Finance industry is a critical requirement
- Experience with ETL and data modeling tools is a plus
- Effective time management and organizational skills
- Flexibility to work/manage variety of projects
- Demonstrated ability to self-manage and multitask in a dynamic, ever-changing environment
Relationships & Collaboration
- Ability to build and maintain strong working relationships with business partners through strong communication and a proactive approach to problem solving and identifying risks.
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. 
