Senior Analyst - Regulatory Reporting

Silicon Valley Bank; Bengaluru; Hybrid; INR 1,200,000 - 1,800,000; Full time

Job summary

FC Global Services India LLP (First Citizens India) in Bengaluru seeks a Senior Analyst - Regulatory Reporting to handle US regulatory reports, verify compliance, and drive data remediation and automation initiatives. The role requires collaboration with cross-functional teams and strong data analytics capabilities.

The incumbent will work in a hybrid setting, interacting with IT, Data, and Finance teams to ensure accurate reporting and adherence to accounting policies and company procedures.

Qualifications

• Must be aware of various banking products especially loans and related schedules.
• Strong background on high-risk reports like FR Y-14M, FR Y-14Q, Call Report, FR Y-9C.
• Ability to analyze data using SQL queries.
• Experience in US GAAP accounting and regulatory reporting for large banks.

Responsibilities

• Ensure accurate loan reporting across FFIEC031, FR Y-9C, FR Y-14M, FR Y-14Q.
• Communicate issues with data owners and monitor resolutions.
• Maintain controls, documentation, and change management for regulatory reporting.
• Collaborate with Finance, IT, and business teams to capture requirements.
• Stay updated on evolving regulatory reporting requirements and audits.
• Support data remediation, automation initiatives, and project delivery.

Skills

SQL queries

Regulatory reporting

Loans products knowledge

AXIOM

Tableau

Power BI

Excel

Project management

Tools

AXIOM

Tableau

Power BI

Excel

Job description

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.

Position 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 captured appropriately and solutions implemented adequately to address the business needs.
• Stay up to date on current, new and evolving regulatory reporting requirements, assess impact and ensure compliance for accurate reporting.
• Participate in projects as required for new initiatives, process improvements or technology implementation, systems integrations, data remediations and development.
• Engage and contribute in examinations and audits.

Skills and Qualification

Functional Skills

• Must be aware of various banking products especially should have deep knowledge of loans products and related schedules.
• Strong background on various high-risk reports like FR Y-14M, FR Y-14Q, Call Report, FR Y-9C etc.
• Should be able to analyze data using SQL queries.
• Ability to research and propose company positions on complex accounting and reporting issues.

Technical Skills

• Working experience with SQL queries.
• Strong Microsoft Office skills, including advanced skills in Excel and PowerPoint.
• Strong AXIOM knowledge & project management skills will be an added advantage.
• Good knowledge on visualization tools such as Tableau and Power BI.
• Hands-on experience in implementation of automation tools to optimize reporting processes.
• Knowledge on US GAAP and accounting policy.
• Hands-on experience on regulatory reporting at large banks or organizations.

Relationships & Collaboration

• Reports to: Sr. Manager, Regulatory Reporting
• Partners: Cross functional teams such as Regulatory Reporting, SEC Reporting, Finance IT, Finance Data, Lines of Business.

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.

Company Information

First Citizens BancShares, Inc., a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500. The financial holding company for First-Citizens Bank & Trust Company ("First Citizens Bank"). Headquartered in Raleigh, N.C., First Citizens Bank has built a unique legacy of strength, stability and long-term thinking that has spanned generations.

Visit: https://www.firstcitizens.com/