Assistant Vice President Level 3

To provide consistently a high level of operational tax support to the firm and its clients in administering jurisdictional tax laws of the countries within which Apex operates. You will be responsible for processing and recording of all Common Reporting Standard (CRS) and FATCA Tax documentation. You will help assess the client data and documents to identify the potentially reportable clients across jurisdictions and will liaise with clients or relationship managers to update the reportable details from time to time, before submitting the final reports to the regulatory portals.

Key duties and responsibilities

• Act as a tax / information reporting specialist to execute the FATCA, CRS advisory systems.
• Execute the tax information reporting processes to products issued by business.
• Migration of work into our centralized hub.
• Develop "Go To" processes and implement appropriate procedures to ensure compliance with Information Reporting & FATCA requirements.
• Be change agent and assist changing the processes or developing the new ones.
• Participate in Robotic Process Automation initiatives.
• Tax form validation for CRS and FATCA operations covering FATCA CRS reporting.
• Identify and participate in process reengineering & redesign to achieve better controls, compliance and efficiency.
• Work extensively with various teams across global locations to fulfill an entitys FATCA CRS regulatory requirements as mandated by regulatory standards.
• Support audits with IRS and Internal Audit, special audits
• Support Technology projects from a technical tax perspective
• Review, validate and process W-8 and W-9 tax forms and related documentation according to IRS and FATCA regulations
• Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas .
• Participate in team discussions to provide feedback and recommendations in order to improve quality performance of the associates and senior associates on a regular basis.
• Report/escalate any quality, production, and system-related issues.

Qualification and Experience

• Prior FATCA CRS/ Transfer Agency processing experience is required
• Bachelors Degree in Commerce is desires
• 10-13+ years of relevant experience

Skills Required

• Working knowledge of FATCA & CRS and the regulated regulations.
• Understanding and review of US tax forms i.e., W9, W8-BEN, W8-IMY, W8-BEN-E, Chapter 3 status, With holding statements etc along with self cert forms (CRS)
• Work in co-ordination with other team members to ensure effective delivery for all services offered to internal and external clients
• Ability to understand XML schema to be able to prepare and review reports before submission
• To understand and adapt to changes, ensure that processes and procedures are continually updated to reflect changes in FATCA/CRS regulatory compliance requirements
• Should be familiar with FATCA CRS XML upload procedures
• Well versed with Microsoft applications. Expert excel and presentation skills is an added advantage.
• Good written and verbal communication skills
• Desired to be challenged and learn
• Self-management - Adaptability and resilience, learning behaviour, integrity and ethics and relationship build. Motivational skills - Performance standards, achieving results and persistence.
• Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding.
• Attention to detail and ability to work on multiple tasks.
• Flexible enough to work in any shift as per business needs.