The individual will be responsible for ensuring clients and/or investors are on boarded from a FATCA and CRS perspective in line with group and local regulatory requirements and prepare and submit the annual reports to tax authorities in multi-jurisdictions. The client base will be Jersey administered entities across all product areas, which file FATCA / CRS reports across various jurisdictions such as Jersey, Guernsey, UK, Luxembourg and Cayman Islands.
The role will involve working closely with the local manager and Jersey-based Operations tax team and internal client teams to ensure ongoing accuracy and integrity of client and investor records, assisting with the classifications of new client entities and preparing internal documentation and self-certification forms, preparing the annual FATCA/in correct schema format and line with internal processes and assisting with ad hoc enquiries/projects.
Key duties and responsibilities
FATCA/CRS servicing for existing client base and review of new investor self-certification forms and classifications in a timely manner to be in line with jurisdictional and Apex group requirements & procedures.
Undertake the classification of new clients, prepare self-certification forms, register new GIINs and onboard onto local tax AEOI portals as required
Review and understand FATCA/CRS requirements in each jurisdiction
Produce reporting packs, including report templates and relevant checklists
Responding to FATCA/CRS escalations in timely manner
Participation in ad hoc projects
Managing day to day activities in line with internal and external SLA timeframes - pro-active escalation to Manager of any potential non-compliance matters.
Liaise with the Compliance and Risk teams where required
Ensure all deliverables are met and any anticipated delays escalated
In addition to AML checks, be able to demonstrate a thorough understanding of all aspects of the FATCA/CRS
Experience And Skills Required
2-3 years+ relevant experience, ideally in a Financial Services / Accounting or Tax team
Previous 1-2 years experience of FATCA and CRS reporting ideal, including ability to review Self Certification documents, US tax forms (W8BENE, W9), classify accounts and understand XML reporting requirements
Detailed knowledge of financial operational and/or client onboarding processes
An understanding of fund structures and the fund administration business ideal
AML knowledge of local and global requirements ideal
Strong planning and organizational skills
Strong communication (verbal and written) and problem-solving skills
The ability to work with all levels within the organization
Strong multi-tasking skills
The ability to adapt to changing priorities and varied decision-making scenarios
An ability to work to tight deadlines
Strong interpersonal skills to develop working relationships with colleagues and clients
Ability to identify opportunities for process improvements
Proficient in Microsoft Office applications
Bachelor’s Degree in Commerce is desired
Flexible enough to work in any shifts as per business needs
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