Associate Director - Regulatory Reporting Remediation

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 Proposition

Strengthening Enterprise Data & Analytics by applying deep expertise in regulatory reporting and Contribute to the evolution of data culture by building and enhancing data infrastructure, reporting frameworks, optimizing data pipelines, Data remediation for Regulatory Reporting needs and mentoring teams on data storytelling and visualization best practices with advanced data technologies and experience in data remediation to strengthen data integrity, enhance transparency and proactively control operation and regulatory risk.

Job Details

Position Title: Associate Director - Regulatory Reporting Remediation

Career Level: L3

Job Category: Vice President

Role Type: Hybrid

Job Location: Bangalore

About the Team:

This role will join an Agile pod to support the data environment that enables Regulatory Reporting teams to file complete and accurate Y-14 regulatory reports. This role focuses on bridging business needs and technical solutions by gathering requirements, analyzing data processes, and ensuring the data environment aligns with data governance and regulatory compliance objectives. Working collaboratively with cross-functional pod members, the Business Analyst will drive efficient workflows, optimize data systems, and support iterative delivery in a fast-paced Agile environment.

Impact:

This role requires a strong experience in Data Remediation for reg reporting with mix of data expertise, relationship-building, operational rigor, and the ability to partner across global teams. This role will work closely with Finance, Regulatory Reporting, Data Governance, Technology, Architecture, and Operations to identify data challenges, prioritize remediation initiatives, and advance the bank’s data maturity

Key Deliverables:

Requirements Gathering - Collaborate with Regulatory Reporting teams, and stakeholders to elicit, document, and prioritize business requirements for the FR Y-14

Familiarity with regulatory frameworks such as CCAR, FR Y-14, and BCBS 239 along with regulatory and risk-focused mindset

Agile Collaboration - Participate in Agile ceremonies (e.g., sprint planning, daily stand-ups, retrospectives) to align on pod goals, refine user stories, and deliver incremental improvements

Stakeholder Communication - Act as a liaison between Regulatory Reporting teams, data engineers, and developers to translate business needs into actionable technical requirements.

Data Quality & Governance - Support the implementation of data quality rules and controls to ensure compliance with data governance and regulatory requirements

Testing & Validation - Assist in defining acceptance criteria for data-related user stories and support testing to ensure the data environment meets regulatory and business needs

Documentation - Create and maintain clear documentation, requirements specifications, and user guides, as well as source-to-target mapping and metadata documentation in Collibra, to support regulatory audits and team workflows

Understand Regulatory Edit Checks and other data quality controls and work with stakeholders to strengthen the risk and control environment

Root Cause Analysis - Conduct thorough root cause analysis of data gaps and data quality issues and formulate the resulting remediation initiatives

Regulatory Responses - Formulate responses to Regulatory Edit Checks and other inquiries that result from FR Y-14Q filings

Understanding of data environments, including databases (e.g., SQL Server, Oracle, Snowflake, Netezza), both on-prem and in cloud. And familiarity with ETL and data virtualization tools. Good understanding of SQL

Skills and Qualification:

Functional Skills:

Data Quality, Controls & Remediation

Data remediation programs focused on improving accuracy, completeness, consistency, and timeliness of data used in Finance and Regulatory Reporting.

Strengthen end-to-end data controls, including lineage, reconciliation, validations, monitoring, and issue management.

Identify data breakages, root causes, and impactful remediation pathways in partnership with global stakeholders.

Drive continuous improvements aligned with enterprise data governance policies and regulatory expectations.

Finance & Regulatory Reporting Enablement

Support data requirements for key regulatory filings (e.g., FR Y-14, Y-9C, Call Reports, Liquidity, and other finance data needs).

Ensure data quality thresholds, reconciliation processes, and lineage mapping meet the needs of Finance and Regulatory Reporting teams.

Collaborate with SMEs to align data processes with evolving regulatory and internal reporting requirements.

Data Governance & Standards

Follow enterprise data governance policies, standards, and controls across critical data domains.

Partner with Data Governance to ensure business terms, data definitions, lineage, and critical data elements meet required standards.

Drive adoption of governance frameworks and champion data stewardship across Finance and Regulatory Reporting.

Stakeholder Engagement & Relationship Management

Build and sustain strong working relationships with across Finance, Regulatory Reporting, Data Governance, Engineering, Architecture, and Operations.

Ensure clear, transparent, and proactive communication with global teams and stakeholders at multiple levels.

Team Leadership & Growth

Lead and mentor team.

Develop talent, foster collaboration, and promote a culture of accountability and continuous improvement.

Play a key role in scaling the Enterprise Data & Analytics presence in Bengaluru over time.

Strategic Data Migration & Modernization

Help identify and prioritize strategic data migration opportunities to modern platforms (e.g., cloud environments, Snowflake) in partnership with Engineering & Architecture teams.

Ensure data migrations contribute to improvements in data quality, governance maturity, and operational resilience.

Drive adoption of modern data tools and capabilities across enterprise teams.

Technical Skills:

Hands on experience in database connectivity, SQL Server / Dev, Oracle, Snowflake, Netezza, both on-prem and in cloud. And familiarity with ETL and data virtualization tools.

Experience in data governance tools like Collibra or equaling

Good Knowledge or experience in Python, AI / ML, Data visualization tools like Power BI, Tableau

Qualifications

Required:

12 to 16+ years of experience in data management, data quality, data remediation, data governance, preferably within banking or financial services.

Prepare and present clear, concise reporting for senior management and key stakeholders on regulatory reporting status, data quality issues, risks, dashboards, MBR’s, KPI, Operational decks

Prior banking experience in large financial institutions and experience supporting regulatory reporting functions is strongly preferred.

Strong understanding of Finance and Regulatory Reporting data needs.

Proven ability to collaborate effectively with global teams across Finance, Regulatory Reporting, Technology, and Governance.

Experience in leadin