Senior Advisor - Business Risk and Controls

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. 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 bank's 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 Sr. Analyst Risk and Control in this role assumes responsibility as a 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 a 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,