Compliance Manager, Tax Compliance (Associate Director / Director)

  • Competitive
  • Singapore
  • Permanent, Full time
  • Bank of Singapore
  • 26 May 19

Compliance Manager, Tax Compliance (Associate Director / Director)

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Bank of Singapore opens doors to new opportunities.

Start your career with Bank of Singapore as a Compliance Manager (Tax Compliance) in the Compliance Department! !

General Description

This position is responsible for providing regulatory advisory support on Bank client related tax matters affecting the Bank.

Main Duties

  • Provide regulatory advisory and guidance on FATCA, CRS, QI, US Withholding Tax and Reporting, International Taxation (e.g., Security/Foreign Transaction Taxes, Stamp Duty), Tax Disclosures Regimes (e.g., EU Tax Disclosures Rules, EOI, etc), Tax evasion and Tax Amnesty.
  • Monitor and assess any tax related legislation changes or consultations impacting the Bank.
  • Draft and disseminate internal broadcasts on tax regulatory changes/updates
  • Updating and disseminating of tax related policy, procedures and FAQs within the purview of tax compliance.
  • Review of BOS' entities FATCA and CRS documents and escalated cases that are beyond the established tax policy and procedure frameworks.
  • Supporting the chairing of the ad-hoc Tax Working Group which includes writing of minutes, coordinating of issues raised, etc.
  • Provide regulatory advisory support and coordination of the various Bank tax-related projects and initiatives.
  • To manage and coordinate the Bank's FATCA, QI and CRS certification and attestation programme.
  • Tabulate and submission of tax-related management reports and other requested information to the relevant committee groups (e.g., PSC, Regulatory and Tax Steering Committee, etc), other Bank departments and OCBC Group
  • Updating of CRS, FATCA and other tax related topic training materials
  • Conducting of classroom trainings on tax related topics within Tax Compliance purview.
  • To act as point of contact and liaison with IRAS, MAS and other regulatory bodies at the direction of the Head of Tax Compliance.
  • To liaise with consultants on tax related matters queries.
  • Management and maintenance of consultant retainer budget, consultant advisory documentation and Tax Compliance intranet information.
  • Other administrative duties include arranging of meetings, producing presentation materials, etc
Requirements
  • Minimum 4-6 years' relevant experience in providing regulatory advisory within financial institutions preferably with exposure on FATCA, CRS, QI, International Taxation.
  • Excellent interpersonal, organisational, analytical and communication skills.
  • Ability to work independently, determine priorities and meet deadlines.
  • Meticulous and conscientious.
  • Self-motivated personality with the ability to make things happen.
  • Willingness to learn and upgrade new skills and knowledge.
  • Highly organised and structured.



Qualifications
  • University degree in Accountancy, Finance, Taxation, Business Administration or equivalent or higher education;
  • Professional certifications such as ICA, CPA or CA is preferred but not a must.