Business Analyst II
First Citizens Bank
Overview Enterprise Data & Analytics (ED&A) is hiring a Testing & Validation Analyst to join our 1st line transaction testing function. As a Testing & Validation Analyst you will play a pivotal role in helping to establish a sustainable and repeatable transaction testing function to help ensure the Bank’s regulatory reporting is based on strong data quality in financial transactions and adheres to report instructions. Responsibilities Plan and develop tailored transaction testing plans that align with regulatory report guidance and instructions. Manually verify in-scope data element values for a sample of the Bank’s financial transactions against points of origin including systems of record and source documents to ensure they are accurate and sufficiently supported. Identify and escalate data quality observations. Discuss transaction testing results clearly and succinctly with key stakeholders. Compile testing results in accordance with ED&A procedures. Stay abreast of changes in banking regulations and reporting requirements (e.g., FDIC, FRB, FFIEC) to ensure transaction testing aligns with current regulations, industry standards, emerging trends, and overall leading practices. Work independently and collectively with peers. Display critical thought, attention to detail, and a natural curiosity to help drive solutions and create value-add transaction testing results. Qualifications Bachelor's Degree and a minimum of 3 years of experience OR High School Diploma/GED and a minimum of 7 years of experience performing transaction related testing in one or more of the following areas within the Banking or Financial Services Industries: Loan File Reviews, Regulatory Reporting, Audit, Compliance. Strong analytical and problem-solving skills, with a proven ability to document the work performed. Excellent verbal and written communication skills, including the ability to explain complex scenarios and ideas clearly and succinctly. Effectively manage multiple priorities and ability to adapt to change. Proficient in using data analysis tools (e.g., Excel). Preferred Qualifications: Demonstrated experience in transaction testing of retail and/or commercial loans and familiarity with regulatory reporting (FR Y-14, FR Y-9C, FR 2052a). Working knowledge of data governance, data related risks and controls, and risk management principles. Understanding of financial products (e.g., deposits, loans, securities, etc.) Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
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