• Competitive
  • Singapore
  • Permanent, Full time
  • Citibank NA
  • 2019-03-19

IPB Product Control Manager Tax

IPB Product Control Manager Tax

  • Primary Location: Singapore,Singapore,Singapore
  • Education: Bachelor's Degree
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19002619


Description

  • This is a unique and exciting role for the candidate to participate and support in the end-to-end activities relating to FATCA and CRS to ensure the bank's adherence to FATCA and CRS tax reporting and regulatory requirements, in a control function.
Job responsibilities include (but not limited to):
  • Review of daily/monthly FATCA and CRS related reports and follow up on corrective actions to ensure process adherence e.g. New to Bank due diligence (NADD), Change in Circumstances (CIC)
  • Review of daily/monthly FATCA and CRS related reports and follow up on corrective actions to ensure process adherence e.g. New to Bank due diligence (NADD), Change in Circumstances (CIC).
  • Provide support and guidance on FATCA & CRS issues to a diverse range of stakeholders such as Sales, Sales Support, Wealth Management, Operations.
  • Draft and prepare training materials for FATCA & CRS.
  • Participate in FATCA/CRS system enhancement and arrange with users to conduct User Acceptance Testing (UAT).
  • Identify and propose process improvements.
  • Support in any other projects/reporting as required from time to time. 


Qualifications

  • At least 2-4 work experience in in a control/compliance/audit or tax/investment product role in a financial institution.
  • Team player who can work and communicate well with stakeholders across different functions including front office, operations and technology.
  • Excellent time management, problem solving and analytical ability.
  • Meticulous and good attention to detail.
  • Experience in Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS) and Qualified Intermediary (QI) regulations and processes will be an added advantage.