Analyst- Banking Operations (Reconciliation) at First Citizens Bank

Bangalore, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

07 Jul, 26

Salary

0.0

Posted On

08 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reconciliation, Accounting, Financial analysis, Transaction matching, Root-cause analysis, Data analysis, Communication, Attention to detail, Bank products, Journal entries, Blackline, Loan operations, ERP, Oracle, SAP, PSGL

Industry

Financial Services

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. Job Description: Value Preposition We are looking for a highly motivated, analytical, and resourceful Operations Analyst who can support FCB’s growth. Support First Citizen India Reconciliation team responsible for reconciling bank-wide Cash/Bank, Loan, Deposit, Cash, Cards and FX accounts. Job Details Position Title: Analyst Banking Operations (Reconciliations) Career Level: P1 Job Category: Associate Role Type: Hybrid Job Location: Bangalore About the Team: The Reconciliations is a team of dedicated professionals committed to perform daily transaction matching and monthly account reconciliation including balance certifications. Our values drive everything we do. Join us and make a meaningful impact on your career. Impact The Reconciliations is a team of dedicated professionals committed to perform daily transaction matching and monthly account reconciliation including balance certifications. Our values drive everything we do. Join us and make a meaningful impact on your career. Key Deliverables Performs in-depth analysis of reconciliations, deciphering complex exceptions between systems for assigned to complex accounts Performs in-depth analysis of reconciliations, deciphering complex exceptions between systems for assigned to complex accounts. Performs root-cause analysis on why exceptions exist and leads the effort in resolving them. Analyzes trends, enters exception data, and ensures proper aging. Communicates complex break reports to either internal groups within the firm or correspondents outside the firm. Monitors resolution. Responsible for completing the daily, weekly, and monthly tasks including month-end certification. Assists in analyzing operational needs and provides input for project requests to solve the identified need. Identify process improvement opportunities and implement them to create efficiencies. Ability to interact with stakeholders at all levels bank wide. Participate in Audit process and interact with internal and external auditors. Skills and Qualification Functional Skills: Team Player: Support peers and department management. Communication: Excellent verbal, written, and interpersonal communication skills. Attention to Detail: Ensure accuracy and thoroughness in all tasks. General knowledge of bank products, regulations, Processes, and procedures Accounting knowledge including recording journal entries and understanding of financial impacts. Technical Skills: Bachelor’s degree in accounting, finance, or related field. Minimum 1-3 yrs. of reconciling experience in a financial institution including Month end account balance certification activities. Blackline reconciliation application experience is a plus. Experience in Loan operations is a plus. Experience with large ERP – e.g., PSGL, Oracle, SAP etc. Relationships & Collaboration Reports to: Senior Manager, Banking Operations Partners: Onshore team and various business line teams 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. 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. Ready to join our team? Explore available positions and apply now on our careers site. 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™, is 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/

Responsibilities

The analyst will perform daily transaction matching and monthly account reconciliations, including balance certifications and complex exception resolution. They will also identify process improvement opportunities and interact with internal and external stakeholders and auditors.