Description

My client is looking for senior FATCA compliance (preferably team head experiences) - up to ED level

Position Description

Senior FATCA Officer will lead the CSI FATCA-CRS team, Legal and Compliance department, reporting into the Head of Compliance and Deputy Head of Legal and Compliance. He/she will work with the team to maintain a robust FATCA-CRS compliance framework, ensure efficient monitoring of clients and transactions, for identification and timely reporting of irregularities/suspicions. Appointed as 'Responsible Officer' of FATCA CRS of CSI to ensure compliance with tax transparency regulations applicable to all entities/affiliates.

Key Areas of Responsibilities

Senior FATCA Officer manages the centralized team of FATCA specialists who (a) manage classifications, registrations, and self-declarations of all group entities (b) perform due diligence on all clients and counterparties of group covering equities, fixed income, derivatives, prime broking, corporate finance, wealth management, and asset management business (c) prepare and file reports to respective country authorities (d) manage withholding / reporting on based on country specific treaty rate pools.

Senior FATCA Officer also liaises with regulators, manages the global and country specific FATCA compliance strategy and policies, helps assess new products / services, provides training to all impacted departments, and handles exceptional issues. He also manages the AEOI services and US tax services provided by Fund Administration business to clientele of international fund managers and funds through the leadership of team to cover below matters:

• Regulatory analysis and monitoring
• Compliance training & communications
• Compliance advisory to business teams
• Resolve Complex queries from clients
• Regulatory liaison
• Compliance self-assessments
• Review legal agreements
• Regulatory registrations & periodic reviews
• Guidance to Pune team on low risk cases
• Review High-Risk/Sensitive/Exceptional cases
• Annual Reporting analysis & submission
• Manage audits & inspections
• NPA Assessments
• Policy updates
• Compliance sampling & monitoring
• Manage Withholding
• Address Regulatory notices and queries

Requirements

• Degree holder required, preferably in Accounting, Finance, Law or related discipline.
• Deep expertise in the domain of global tax transparency initiatives, in-depth working experience in financial institutions, FATCA-CRS compliance across all relevant jurisdictions is required.
• Adapt to multi-tasking and meeting deadlines in high-pressure environment.
• Good knowledge in Tax, securities laws, operations, products and services and analytical skills with the ability to analyse large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and disposition appropriately.
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint), knowledge on Marekit will be an advantage.
• Articulate and able to demonstrate interest in working within FATCA-CRS.
• Self-motivated, well-organized and presented, independent and pleasant personality with good communication skills at all level.
• Good command of written and spoken English and Chinese (including Mandarin).