Principal Analyst - Model Development (Fraud Models)

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:

Job Details

• Position Title:  Principal Analyst - Fraud Model Development.
• Career Level:  P4
• Job Category: Assistant Vice President
• Role Type: Hybrid
• Job Location: Bangalore  

About the Team:

This position is responsible for gathering, organizing, and analyzing large data sets using statistical techniques and tools, to ensure data quality, integrity and compliance with applicable laws, regulations, and Bank policies that assist management with making informed business decisions. Serves as liaison to the Bank's control groups and external vendors to ensure compliance with various controls and change management requirements. Implements technological solutions to support availability of analytical information being used by the Business.

Impact

The successful candidate will be responsible for performing data analysis leveraging statistical techniques and tools ensuring bank operates within the compliance established by the laws, regulations, Bank policies and change management requirements
 

Key Deliverables (Duties and Responsibilities)

• Data Analysis - Gathers, organizes, and sorts data to develops moderately complex data models for the department, business unit staff, and other stakeholders. Accesses structured and unstructured systems across the organization, utilizing coding efforts where needed to meet testing requirements. Provides effective and timely communications on findings. 
• Systems Support & Governance - Develops and maintains databases and systems ensuring data is in a readable, organized format. Removes corrupted data and corrects coding errors and related problems. Troubleshoots department information systems in a timely and effective manner as needed. Identifies process improvement opportunities, proposes system modifications, and devises data governance strategies. 
• Reporting - Analyzes and produces reporting for management and other stakeholders regarding the Bank's risks, trends, patterns, and exceptions. Assists senior management with compiling, preparing, and completing of committee presentations, annual audit plan, and risk assessments. 
• Operational Support - Provides support for the department regarding technical inquiries by coordinating with external vendors or internal subject matter experts.

Skills and Qualification (Functional and Technical Skills)

Functional Skills:

• 6-8 Years experience in Data Analytics, Business Intelligence and related fields is preferred.
• Bachelor’s Degree/master’s degree in mathematics, statistics, computer science, information management and Finance
• Spreadsheet and database knowledge.
• Able to analyze and visualize large sets of data,
• Able to create and apply accurate algorithms to datasets to identify solutions,
• Knowledge of programming languages including but not limited to SQL, Oracle, R, MATLAB, Python.
• Proficiency in statistics and statistical packages/applications used to analyze data sets.
• Technical proficiency in Tableau and TeamMate.
• Works within established procedures, processes and/or regulatory guidelines
• Coordinate Business and project change requirements with cross functional teams.
• Intermediate to advanced knowledge of MS Excel and power point presentations
• Excellent communication skills, including ability to express well-reasoned, independent thought.
• Natural ability to speak and write effectively at all organizational levels.
• Assists manager to create, publish and maintain key process indicators and procedure’s
• Ensures completion of all work queues within stipulated timelines and publish EOD status to management
• Assists manager in performance coaching to inspire, improve and enhance performance to the next level.
• Proactively identify opportunities that are going to improve the business, processes, client experience or team’s performance
• Flexible, strong ability to multi-task, handle high volumes, and support cross-functional teams.

Technical/Business Skills:

• Required previous experience in model development, building statistical models.
• Required strong experience with SQL, SAS and Python
• Required experience with R, C# and Java a plus
• Preferred Model development experience supporting banking/finance/fraud
• Preferred Quantitative analyst experience
• Must be detail oriented, able to multitask and function in a fast-paced environment with minimal oversight.
• Strong analytical and problem-solving skills and attention to detail are essential.
• Must be able to work independently on assigned duties while successfully collaborating in a team friendly environment.
• Strong organizational and time management skills are important as multi-tasking is essential under tight deadlines.
• Ability to prioritize deliverables and assignments.

Relationships & Collaboration

• Comfortable interacting coupled with building relationships and collaborations with internal clients to resolve issues.

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.