Role Description

Job Title

Team Member - Central SOX Team - Finance (IFC)

Business Unit

Finance

Reporting To

Team Leader - IFC & FATCA

Job Function and Role Type

SOX/IFC Compliance, Individual Contributor

Version No

2.0

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.

Education

Chartered Accountant.

Certifications

None specified.

Key Competencies

Auditing, communication, compliance, analytical thinking, stakeholder management.

Major Stakeholders

Branch Banking Team, Operations, Product Team, IT Team, BTG.

📌 Team Member - Central SOX team-Finance (Mumbai)
🏢 HDFC Bank
📍 Mumbai