Team Lead- Central SOX Team - Finance

Hdfc Bank; Mumbai; Presencial; INR 900 000 - 1 500 000; Tempo integral

Resumo da oferta

Hdfc Bank in Mumbai seeks a compliance specialist to ensure SOX and IFC controls and FATCA/CRS reporting in line with CBDT requirements.

The role encompasses risk assessment, data reconciliation, form reviews, system enhancements, and collaboration with internal/external audit teams and consultants.

Qualificações

• SOX & IFC compliance as required under the Sarbanes-Oxley Act and Indian Companies Act 2013.
• FATCA & CRS implementation and reporting to CBDT.
• Analyze and interpret FATCA/CRS laws.
• Advise internal departments and liaise with consultants.
• Reconcile data and reports across periods.
• Advise on remediation of accounts and document preparation.
• Guide foreign branches on FATCA/CRS rules and forms.
• Define system requirements and additional fields.
• Develop logics for identifying reportable customers.
• Verify and review Form 61 B for completeness.
• Upload returns on the CBDT reporting portal.
• Ensure compliance with SOX 404 internal controls.
• Ensure Planning responsibilities are completed.
• Ensure Documentation responsibilities are completed.
• Identify deficiencies and recommend improvements.
• Report design deficiencies to senior management.
• Assess ITGC applications and financial implications.
• Map GLs to processes and review trial balance scoping.
• Update and prepare process flows and RCMs.
• Collaborate with Internal/External Audit and process owners.

Responsabilidades

• FATCA/CRS compliance: Analyze and interpret FATCA/CRS laws and advise internal departments; liaise with consultants.
• Due diligence process: Advise on remediation of accounts and document preparation.
• System enhancement: Define system requirements and develop logics for identifying reportable customers.
• Review of form 61 B: Verify and review Form 61 B for completeness; upload returns on CBDT portal.
• SOX & IFC Regulatory update: Ensure compliance with SOX 404 internal controls.
• Planning: Ensure Planning responsibilities are completed.
• Documentation: Ensure Documentation responsibilities are completed.
• Review of SOX processes: Identify deficiencies and recommend improvements; report design deficiencies to senior management.
• Coordination: Assess ITGC applications; map GLs to processes; update process flows and RCMs; collaborate with Audit and process owners.

Descrição da oferta de emprego

Job Purpose

Ensure SOX & IFC compliance as required under the Sarbanes-Oxley Act and Indian Companies Act 2013. Support FATCA & CRS implementation and reporting to CBDT.

Key Responsibilities

FATCA/CRS compliance

Analyze and interpret FATCA/CRS laws.

Advise internal departments and liaise with consultants.

Reconcile data and reports across periods.

Due diligence process

Advise on remediation of accounts and document preparation.

Guide foreign branches on FATCA/CRS rules and forms.

System enhancement

Define system requirements and additional fields.

Develop logics for identifying reportable customers.

Review of form 61 B

Verify and review Form 61 B for completeness.

Upload returns on the CBDT reporting portal.

SOX & IFC Regulatory update

Ensure compliance with SOX 404 internal controls.

Planning

Ensure Planning responsibilities are completed.

Documentation

Ensure Documentation responsibilities are completed.

Review of SOX processes

Identify deficiencies and recommend improvements.

Report design deficiencies to senior management.

Coordination

Assess ITGC applications and financial implications.

Map GLs to processes and review trial balance scoping.

Update and prepare process flows and RCMs.

Collaborate with Internal/External Audit and process owners.