Team Member - Central SOX team-Finance

Job Description

Job Purpose FATCA & CRS implementation and reporting to CBDT 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-à-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 logics 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 Show more Show less