Lead Analyst – Transaction Testing (US 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.

Value Proposition

Enterprise Controls Assurance (EC&A) is seeking a Lead Analyst to join our 1st Line Transaction Testing function. In this role, you will help establish and mature a sustainable, risk-based transaction testing program that supports the accuracy, completeness, and integrity of the Bank's regulatory and risk reporting.

Job Details

• Position Title:  Lead Analyst – Transaction Testing
• Career Level:  P3
• Job Category: Manager
• Role Type: Hybrid
• Job Location: Bangalore  

About the Team:

Collaborates closely with Regulatory Reporting, Accounting, Finance, Internal Audit, Compliance, and business operations teams to validate transactions, resolve exceptions, strengthen internal controls, and ensure accurate and compliant reporting. The Transaction Testing team member collaborates closely with Regulatory Reporting, Accounting, Finance, Internal Audit, Compliance, and business operations teams to validate transactions, resolve exceptions, strengthen internal controls, and ensure accurate and compliant reporting.

Impact

The ideal candidate combines strong analytical and technical skills with intellectual curiosity and a desire to understand the business context behind the data. Beyond executing testing procedures, this individual will be expected to identify trends, investigate anomalies, challenge assumptions, and provide meaningful insights that strengthen data quality and reporting processes. This role offers an excellent opportunity for someone looking to deepen their understanding of banking products, regulatory reporting, and enterprise data management while growing into a trusted business partner and subject matter expert.

Key Deliverables

• Analyze large, complex datasets using SQL, Excel, and other analytical tools to support the 1LOD Transaction Testing function.
• Identify data anomalies, trends, and potential data quality concerns through risk-based analysis and investigative review techniques.
• Perform adherence reviews to validate that financial transactions are accurately represented in regulatory and risk reporting.
• Research and understand end-to-end data lineage, business logic, and reporting methodologies used to compile regulatory reports.
• Develop meaningful insights and communicate findings, root causes, risks, and recommendations to stakeholders in regulatory reporting, finance, technology, and risk management.
• Prepare clear, concise, and well-supported testing reports and workpapers in accordance with Enterprise Controls & Assurance standards.
• Develop expertise in the Bank's products, transaction lifecycle, data structures, and regulatory reporting requirements.
• Stay informed of regulatory changes, industry trends, and emerging best practices related to data governance, regulatory reporting, and risk management.
• Demonstrate ownership, critical thinking, and professional skepticism while independently managing assignments and contributing to team objectives.

Skills and Qualification

Preferred Education and Experience

• Bachelor's Degree and a minimum of 4 years of experience, or High School Diploma/GED and a minimum of 8 years of experience, in Banking or Financial Services performing analytical reviews, audit testing, regulatory reporting, compliance reviews, loan file reviews, or related disciplines.
• Strong analytical mindset with demonstrated ability to interpret data, identify patterns, investigate exceptions, and draw meaningful conclusions.
• Intermediate proficiency in SQL and Microsoft Excel, including data extraction, transformation, validation, and analysis of large datasets.
• Exposure to regulatory reporting platforms such as Axiom is preferred.
• Experience performing data profiling, data quality reviews, reconciliation activities, or transaction-level analysis.
• Familiarity with regulatory reporting (FR Y-14, FR Y-9C, FR 2052a) and exposure to banking products such as loans, deposits, and securities.
• Strong verbal and written communication skills with the ability to explain complex data issues to both technical and non-technical audience
• Ability to manage competing priorities, work independently, and navigate ambiguity in a dynamic environment.
• Working knowledge of data governance, data quality, risk management, and internal control concepts.

Relationships & Collaboration

• Reports to: Manager
• Partners: Stakeholders, Source System Holders, Operational Team, Tech Team and cross-functional teams.
• Leads: Mentoring New & Junior Team Members

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.