Officer Tax Information Analyst

Overview

Execute tax information reporting and enhanced due diligence processes within Citi's centralized Tax Information Reporting function in FRSS. Support FATCA and CRS advisory and rollout activities, regulatory compliance, process migrations, controls, reporting and technology projects for Citi business lines.

What you'll do

• Act as a tax and information reporting specialist for FATCA and CRS advisory and rollout activities and systems conversions and rollouts.
• Execute tax information reporting processes for products issued by Citi's businesses.
• Migrate work into the centralized hub.
• Develop "Go To" processes and implement procedures and controls for consistent compliance with Information Reporting and FATCA requirements.
• Deliver KPIs and KRIs for FATCA and CRS operations and information reporting, including 1042s, 1099, 8966 and CRS reporting.
• Support the FRSS Service Delivery and Engagement model with client constituents and other key stakeholders.
• Participate in process reengineering and redesign to improve controls, compliance and efficiency.
• Support audits with the IRS, Internal Audit and other special audits.
• Participate in self-assessment testing, MCA, SOX controls and audits with the IRS or Citi's Internal Audit.
• Maintain 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, FATCA regulations and CRS.
• Support technology projects from a technical tax perspective.
• Adhere to regulatory and compliance requirements under IRS and Citi policy.
• Review written tax policies and procedures.
• Research and respond to inquiries from operational areas.
• Handle tax reporting for US and non-US legislation.
• Support training and job shadowing during information reporting work migrations.
• Build documentation, including procedures and process flows.
• Identify process gaps based on IRS regulations.
• Support a specific business vertical and develop product knowledge within a short timeframe.

What you'll need

• Tax and information reporting knowledge.
• Knowledge of FATCA and CRS requirements.
• Knowledge of IRS Chapter 3 and Chapter 61 requirements.
• Knowledge of W-8 and W-9 tax forms and related documentation.
• Knowledge of information reporting, including 1042s, 1099 and 8966 reporting.
• Knowledge of US and non-US tax legislation.
• Ability to support regulatory and compliance requirements under IRS and Citi policy.

Details

• Location: Mumbai, Maharashtra, India.
• Employment type: Full time.
• Work in a team-oriented environment.