HR Lead (Operational Risk, Employee Tax and Regulatory Compliance Oversight) Job in Bangalore at General Electric

General Electric is hiring for the role of HR Lead (Operational Risk, Employee Tax and Regulatory Compliance Oversight)!

Responsibilities of the Candidate: 

• Support horizon scanning and risk assessment of new/changes to laws and regulations to ensure HR operations meets its compliance obligations.
• Partner with Operational risk leads and global teams to self-assess, develop, and implement effective local risk control frameworks.
• Support regulatory projects and ensure maintenance of regulatory systems requirements.
• Provide employment tax risk management support to HR operations and internal tax partners.
• Partner with operations leadership team to develop and maintain an effective internal control environment.
• Perform ad-hoc reviews of compliance rules within HR operational processes and HR systems to ensure outcomes are compliant relevant laws, regulations, and internal policies.
• Support project governance and operating rhythms; ensure effective communications, reporting and reviews.
• Provide support to government investigations and enquires as and when required.
• Support the development of multifaceted educational and training programs focused on elements of the regulatory and compliance mandates.
• Participate in cross functional teams or projects as operational risk expert. Develop and present business solutions to leaders in functional area.
• Stay up to date with changing local and national laws and regulations.

Requirements:

• This role requires significant experience in Human Resources compliance and operational risk. The knowledge level is comparable to a Master's degree from an accredited university or college (or a high school diploma with relevant experience).
• Requires specialized depth and/or breadth of expertise with pay, employment tax and time & attendance laws and regulations.
• Experience in the development and management of compliance horizon systems/tools and risk assessments.
• Skilled in HR operational risk with proven experience in the identification and management of compliance risk through the development of internal controls.
• Proven project management experience relating to the delivery of compliance regulations and implementation of process improvement initiatives.
• Desired Characteristics:
  • Strong oral and written communication skills – ability to present information in a clear, concise and articulate manner
  • Demonstrated skill in judgment to make tactical decisions and handle complex problems
  • Can evaluate the quality of the information received and question conflicting data for analysis. Uses multiple internal and external resources outside of own function to help arrive at a decision
  • Ability to offer new solutions to problems outside of set parameters and is able to construct and provide recommendations
  • Strong project management skills with experience in leading/supporting compliance projects
  • Ability to transfer knowledge and develop others through coaching and mentoring