Manager - Tax Information Reporting - FATCA/CRS - Banking Group

- The incumbent is expected to migrate information reporting work from various sub-units within the Business Line into Business Vertical; 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 & CRS advisory/rollout, Systems conversions /rollouts

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

- Migration of work into our centralized hub

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

- FATCA and CRS operations - delivery of KPI & KRI's and Information reporting 1042s,

- 1099, 8966 and CRS reporting

Day-to-Day Responsibilities:

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

- Identify and participate in process reengineering & 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 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 the departmental requirement to adhere to strict regulatory and compliance requirements, per IRS and

Organizational 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