HDFC Bank - Team Member - Finance - Central SOX Team - CA

Job Responsibilities(JR) : 6 - 8 Areas Actionable (4-6)

FATCA/CRS compliance

- Assisting in analysing and interpreting the FATCA/CRS Law

- Advising the internal departments/ branches/liasoning with consultants.

- Assessing the new requirements from the regulators and advising solution with compliance of the same

- Reconciliation - Analysis of the reportable tags of the customer given by the system vis-vis the data captured in the system.

- Reconciliation of data and reports of different periods

- Due diligence process - Assisting and advising due diligence process for remediation of accounts and preparation of relevant documents for the same.

- Advising foreign branches on FATCA CRS rules and forms

- System enhancement - Assistance in different activities for development of system for FATCA/CRS

- Preparation of requirement document

- Defining the additional fields to be captured

- Defining logic for identifying potential reportable and reportable customers

- Defining and advising on system logics to foreign branches

- Review of form 61 B - Verifying and reviewing the final form 61 B for completeness and mismatches

- Uploading of return on CBDT reporting portal

Educational Qualifications Key Skills

- Chartered Accountant

- Good Auditing skills

- Good communication skills

Experience Required (examples listed below)

- Minimum experience in years - 2 years

- Exposure to banking preferable

Major Stakeholders(intra team and cross-functional stakeholders, who would need to be interacted with for discharging duties)

- Branch Banking Team

- CPU operations

- Product Team

- IT team

- BTG