Analyst- Transaction Testing

Established in 2018, FC Global Services India LLP(First Citizens India) erstwhile SVB Global Services India LLP, is a leading destination for financial services, technology and innovative solutions. Based in Bengaluru, First Citizens India is an integral part of the enterprise Global Services’ division, responsible for delivering business value to its customers and clients in the United States. We have matured significantly over the years, developing deeper domain expertise amongst our highly skilled and developed talent pool. As part of First Citizens BancShares, our India-based teams benefit from the company's over 125-year legacy and strength. We are particularly proud of our strong, relationship-driven culture, which is deeply ingrained in our talented workforce. This is evident across all the key areas of our operations including Technology, Global Operations, Finance, Cybersecurity, Risk & Compliance, and Credit Administration. We have embraced innovation and change, positioning ourselves as a leader in the global banking technology and business services industry. We are seeking talented individuals to join us in our mission of providing well-developed and tailored business solutions.

Summary/Objective:

The individual in the role of Analyst – Transaction Testing Team is responsible for broad set of activities to conduct the independent review of loan and deposits book data points from various bank systems and compare it to reports/documents to complete testing and provide the results.

An Analyst – Transaction Testing Team is an individual contributor acting as a member of Transaction testing team.

The Transaction Testing Team shall be responsible for verifying that established standards / data points for Loan book and deposits held by the bank are followed and accurately reflecting for further processes/ reporting.

The individual shall be responsible for following the methods developed to track accuracy of stipulated data points across various bank systems also supporting the reporting on mentioned data points quality to management of respective business area, critical business partners and stakeholders as required.

General operations functions may include, but are not limited to:

Essential Functions

• Complete periodic review of Loan documents and complete deviation analysis comparing various bank systems / reports and participate in remediation of issues as required.
• Ensure Data point deficiencies / potential sensitive issues are identified and escalated as appropriate.
• Follow the Process Steps to complete the transaction testing review with complete accuracy.
• Ensure Risks within the scope of the role/team are effectively identified, measured, monitored, and controlled, consistent with bank’s risk appetite and all policies and processes established within the risk governance framework.
• Ensure regulatory compliance, as applicable.
• Monitor and report SLAs and KPIs for the processes under review and applicable to incumbent.
• Ensure compliance with all the Bank’s policies and procedures, as applicable basis scope of work.
• Perform assigned activities required to support the manager. Work under limited supervision and has an expanded skill set that is applied to the essential functions. Utilize knowledge/resources to resolve moderate to complex issues, escalate complex non-routine problems.

Business Partnering

• Work closely with the Transaction Testing Team and wider Enterprise Risk Management Team as per guidance from Manager and requirement from time to time.
• Follow up as needed for additional testing requirements.

Others

☐   Routinely makes impactful decisions and demonstrates high levels of discretion and independent judgment with respect to matters of significance.

☐   Routinely makes recommendations that require approval to implement with the occasional decision without approval.

☒   Occasionally makes recommendations that require approval; does not make impactful decisions that do not require approval. Routinely follows a defined process.

Recommendations

Provide Data to support decision making and reporting

Knowledge

Demonstrates knowledge of Risk Assessment, Data Evaluation & Systems/applications.

Core skills:

• Familiar with Loan Documentation and related risks
• Good communication and interpersonal skills
• Ability to deliver 100% quality work.
• Efficient and well organized, able to work under tight deadlines.
• Outstanding attention to detail, accuracy, and ability to multitask.
• Ability to work in a team environment.
• Proven capability to work independently without hand holding and exercising sound judgment & initiative.
• Shift timings (2 pm – 11pm)- ability to adjust timing depending upon business requirements

Additional skills (good to have):

• Comfortable with commercial lending / Loan documents review tools / reporting and workflow tools.

Competencies

• Accountability
• Self-motivated
• Attention to detail.
• Fostering Teamwork
• Organization Skills
• Problem Solving
• Time management

Required Education and Experience

• Graduation / Post Graduation in Commerce & Accounting background – MBA Finance, CA, CFA, FRM
• 0-3 years of work experience
• Good understanding / Experience in commercial lending / Banking / Audit Function
• Excellent interpersonal and supervisory skills
• Ability to deliver 100% quality work.
• Proven ability to set strategy, targets, and achieve desired result.
• Shift timings (2 pm – 11pm)- ability to adjust timing depending upon business requirements

Physical Demands

The employee must have the ability to use a computer keyboard, mouse, calculator, copier/fax machine, scanner and telephone. While performing the duties of this job, the employee is regularly required to talk and hear.  Employee must have close visual acuity to perform an activity such as: reviewing and analyzing information; transcribing; and/or viewing a computer screen. Employee may be required to make quick decisions as to when to escalate or directly address a situation, as well as handle the stress of such situations.  The work environment is indoors with a majority of time spent sitting at a desk.

Disclaimer

The information contained herein is not intended to be an all-inclusive list of the duties and responsibilities of the job, nor are they intended to be an all-inclusive list of the skills and abilities required to do the job.  This job description is intended to indicate the general nature and level of work to be performed.  Duties, responsibilities and activities may change at any time with or without notice.  This job description does not constitute a contract of employment and, therefore, the company may exercise its employment-at-will rights at any time.

Equal Employment Opportunity

FC Global Services India LLP hereinafter referred to as First Citizens India is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive, equitable 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 covers all employment processes such as recruitment, hiring, compensation, benefits, promotions, learning opportunities, and other applicable employment terms for all qualified applicants and employees.