Tax Operations Compliance & QA Associate
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets. Primary Responsibilities
Morgan Stanley US Operations Tax Compliance (OTC) group is a cross-divisional operational team which supports Retail, Institutional, and Corporate business lines. OTC is responsible for ensuring compliance with IRS & State Regulations relating to US tax withholding, reporting, and filing obligations across Morgan Stanley's Retail and Institutional-based clients and legal entities. The successful candidate will:
-be a critical contributor to the administration and management of the firm's US and FATCA/QI/QDD Tax Compliance Program, including:
-the review and improvement of controls that impact the firm's ability to comply with documentation, withholding and information reporting regulations,
-performing documentation, withholding and reporting testing and evaluation of Tax Operations processes and firm systems,
-development and maintenance of OTC Procedures,
-development and maintenance of OTC Risk and Control Standards,
-development and maintenance of key metrics that provide senior Operations and OTC management with a view of compliance and areas of focus for continuing improvement
-includes the facilitation and monitoring of Tax Related training programs.
-assist management with further maturing our Annual Responsible Officer (RO) FATCA/QI/QDD sub-Certification program leading into the triennial IRS RO FATCA/QI/QDD Certifications with the IRS. Qualifications: Qualifications
-a Bachelor's degree
-3-5 years of Financial Services Experience with 1-2 years of Chapter 3 (NRA), Chapter 4 (FATCA) and/or chapter 61 (Back-up Withholding).
-strong communication skills
-a solid work ethic
-good analytical and problem solving skills
-a risk and compliance mindset
-an advanced proficiency in MS Excel, PowerPoint, Visio and Word
-willing to learn, and able to balance a diverse work-load with multiple deadlines
-organized, flexible and capable of re-prioritizing based on business demands
-team-oriented with strong interpersonal skills
-reliable and resilient