Sr. Analyst Risk and Control

Join our team at SVB Global Services India LLP hereinafter referred to as First Citizens India- an organization that has built a legacy of strength, stability and long-term thinking that has spanned generations. Our parent company, First Citizens BancShares, Inc. is a top 20 U.S. financial institution with more than$200 billionin assets and a member of the Fortune 500.

Situated in the vibrant city of Bengaluru, we play a crucial role in driving the success of our parent company and its subsidiaries.

At First Citizens India, our team brings together diverse backgrounds and rich experiences to deliver excellence across key business functions. Our commitment to innovation and collaboration makes us the preferred partner in navigating the dynamic and fast-growing digital landscape. We believe in diverse, equitable and inclusive working environment because we understand that when all our differences converge, we create a synergy that enhances associate and customer relationships and drives innovation of our products and services.

Job Description:

The Sr. Analyst Risk and Control will be responsible for evaluating control procedures and processes addressing operational and compliance risks for the bank. In this process they will adopt the banks control testing standard, procedures, and industry best practices. The person in this role will be responsible for updating the status of control testing, discussing delays and escalating any roadblocks to the manager. Additionally, the person in this role will assist with ad hoc and special projects.

The role will primarily involve review and challenge of the first line control testing. This will include reviewing and challenging the Design and Operating effectiveness assessment performed by first line testing and evaluating its adherence to banks Controls Assurance (CA) standards. The review and challenge effort will evaluate if the first line test assessed the controls effectiveness in mitigating the risks it intended to cover.

The person in this role will be responsible for updating the status of control testing, discussing delays, and assisting with project status reporting. They will also oversee and/or assist junior control testing staff and ensure quality of delivery. Additionally, the person in this role will assist with adhoc and special projects.

The Sr. Analyst Risk and Control in this role assumes responsibility as tester for assigned key controls on various operational and compliance risk topics and is required to test controls which are automated, manual, preventive, detective and deliver the following:

• Complete testing of specific number of controls allocated in a month
• Ensure all risks associated with the control are adequately assessed
• Ensure the quality of documentation meets the required standards
• Address any Quality Assurance (QA) comments for the testing performed
• Communicate the results of the control testing to relevant stakeholders and ensure necessary buy in
• Monitor and follow-up of remediation plans and their statuses to ensure effective risk mitigation

This role provides an opportunity to identify risks that could impede the scalability of operations and an important role in working with Bank operations to deliver solutions for challenges faced by the growth of the organization.

Equal Employment Opportunity

SVB 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.