FATCA/CRS Tax Intermediate Reporting Analyst

Overview

A developing tax professional role managing FATCA and CRS tax information reporting, including reporting processes, controls, compliance, and regulatory change for Citi's products and operations.

What you'll do

• Act as a tax / information reporting specialist to execute FATCA and CRS advisory and rollout, and systems conversions and rollouts.
• Execute tax information reporting processes for products issued by Citi's businesses and migrate work into the centralized hub.
• Develop "Go To" processes and implement appropriate procedures and controls to ensure consistent compliance with Information Reporting and FATCA requirements.
• Manage the BAU TIR functions and develop the technology capability of individuals in the supported process.
• Manage regulatory changes and assist the team in changing existing processes or developing new ones.
• Participate in Robotic Process Automation initiatives.
• Perform tax form validation for CRS and FATCA and operations covering 1042s, 1099, FATCA and CRS reporting.
• Support FRO's Service Delivery / Engagement model with client constituency and other key stakeholders.
• Identify and participate in process reengineering and 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 and any audits with IRS or Citi's IA.
• Ensure tight controls over owned processes, including key controls and COB review.
• 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 regulations.
• Support technology projects from a technical tax perspective.
• Contribute towards departmental requirements to adhere to strict regulatory and compliance requirements, per IRS and Citi policy.
• Perform reviews of written tax policy and procedures, and research and respond to inquiries from operational areas.
• Handle tax reporting for US and non-US legislation.
• Responsible for FATCA/CRS reconciliation and reporting, 1042s/1099 reconciliation and reporting, analytics and commentary, and project-related delivery.
• Direct the day-to-day work of junior level employees.

What you'll need

• 7-10 years relevant experience in FATCA and CRS.
• Bachelor's degree.
• Developed communication and diplomacy skills to exchange potentially complex or sensitive information.
• Attention to detail when making judgments and recommendations based on factual information.
• Analytical thinking and knowledge of data analysis tools and methodologies.

Details

• Full time.
• Location: Mumbai, Maharashtra, India.
• Ability to operate with a limited level of direct supervision.