FATCA/CRS /US TAX-AM/Manager/AVP We have an excellent opportunity with one of our banking client at Mumbai location. Job Description : - Business Group: Tax Information Reporting - Function/Group: Tax Reporting - Department: FRSS Role and Responsibilities: Business/Department Objectives: - Responsible for in-scope processes related to one or multiple Citi lines of business within the centralized Tax Information Reporting function in FRSS - This position supports the reduction/elimination of Citi's franchise &amp; regulatory risk through accurate and timely reporting and enhanced due diligence on customer accounts - The incumbent is expected to migrate information reporting work from various sub-units within the Business Line into FRSS; this process includes training and job shadowing, building documentation such as procedures and process flows, and identifies gaps in the process based on IRS regulations - In addition, the incumbent will support a specific business vertical and is expected to develop and enhance their product knowledge within a short timeframe - This position will work in a team-oriented environment Core Responsibilities: - Act as a tax/information reporting specialist to execute the FATCA &amp; CRS advisory/rollout, Systems conversions /rollouts - Executes the tax information reporting processes to products issued by Citi's business - Migration of work into our centralized hub - Develop "Go To" processes and implement appropriate procedures/ controls to ensure consistent compliance with Information Reporting &amp; FATCA requirements - FATCA and CRS operations - delivery of KPI &amp; KRI's and Information reporting 1042s, - 1099, 8966 and CRS reporting Day-to-Day Responsibilities: - Support FRSS Service Delivery / Engagement model with client constituency and other - key stakeholders - Identify and participate in process reengineering &amp; redesign to achieve better controls, - compliance and efficiency - Support audits with IRS and Internal Audit (IA), and any other special audits. - Participate in self-assessment testing, MCA, SOX controls as well as any audits with IRS Or Citi's IA. - 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, FATCA regulations besides CRS - Support Technology projects from a technical tax perspective - Contribute towards departmental requirement to adhere to strict regulatory and Compliance requirements, per IRS and Citi policy - 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 Financial/ Budgetary: No Individual Contributor (IC)/Managerial IC Key Deliverables: - FATCA/CRS reconciliation and reporting - 1042s/1099 reconciliation and reporting - Project Related delivery Qualifications : Education: Required - The ideal candidate will have a BCOM/CA/MBA/ Other Finance Masters and 2- 6 years of relevant work experience in Tax operations or related discipline Preferred - Masters Experience: Required - Bank/Financial Institutions knowledge: products, services, IRS regulations, Tax Operations Certifications: Preferred - CA, CPA or an equivalent Tax qualification preferred Skills: Required : - 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 Preferred : - Project Management experience preferred Other Required : - Strong MS Office skills particularly Excel - Quick learner with excellent communication skills, team orientation, and ability to work with counterparts in different areas of organization Preferred : - VBA, Knowledge of Macro's read and write

Mumbai

Assistant Manager/Manager/Assistant Vice President - FATCA/CRS/Taxation - Banking 

Assistant Manager/Manager/Assistant Vice President - FATCA/CRS/Taxation - Banking  ,Job Description for Assistant Manager/Manager/Assistant Vice President - FATCA/CRS/Taxation - Banking  in Gi Group (Elixir Consulting) in  Mumbai for (2-14) years of experience. Apply Now!

Job Description for Assistant Manager/Manager/Assistant Vice President - FATCA/CRS/Taxation - Banking  in Gi Group (Elixir Consulting) in  Mumbai for (2-14) years of experience. Apply Now!