AM - Tax/Information Reporting - FATCA - Bank

We Have a job opening in Leading MNC Bank for MUMBAI Location.

Kindly go through the JD properly.

Skills that we are looking for:

Understanding and working knowledge of IRS Forms W-9 and W-8 and information reporting rules, FATCA and CRS

Job Description :

Position Title : Assistant Manager

Business Group : Tax Information Reporting

Function/Group : Tax Reporting

Department : FRO

Location : Mumbai_Goregaon.

Core Responsibilities :

- Act as a tax/information reporting specialist to execute the FATCA {Foreign account tax compliance act} advisory/rollout, Systems conversions/rollouts

- Executes the tax information reporting processes to products issued by business

- Develop "Go To" processes and implement appropriate procedures/controls to ensure consistent compliance with Information Reporting & FATCA requirements

Day-to-Day Responsibilities :

- Support FRO's Service Delivery / Engagement model with client constituency and other key stakeholders

- Identify and participate in process re-engineering & redesign to achieve better controls, compliance and efficiency

- Ensure tight controls over owned processes to include key controls and COB Review, validate and process W-8 and W-9 tax forms and related documentation according to IRS Chapter 3, chapter 61, Section 3406 and FATCA regulation

- Contribute towards departmental requirement to adhere to strict regulatory and Compliance requirements, per IRS.

- Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas.

- Handle Tax reporting for US and Non US legislations

Key Deliverables :

- FATCA/CRS reconciliation and reporting

- 1042s/1099 reconciliation and reporting

Qualifications :

Education :

The ideal candidate will have a BCOM/CA/MBA/Other Finance Masters and 1 to 3 years relevant work experience in Tax operations or related discipline

Experience :

- Bank/Financial Institutions knowledge: products, services, IRS regulations, Tax Operations

Certifications : CA, CPA or an equivalent Tax qualification preferred

Skills :

- Basic Understanding and working knowledge of IRS Forms W-9 and W-8 and information reporting rules, FATCA and CRS

- Ability to act as a change agent for organization

- Project Management experience preferred

Other :

Strong MS Office skills particularly Excel

Nitesh Vishwakarma
SR. HR Executive
9867564004