Our client is seeking a Group FATCA/CRS Reporting Officer for a full-time position within their Group FATCA/CRS Team. This significant role will facilitate compliance with the United States’ Foreign Account Tax Compliance Act (FATCA) and the OECD Common Reporting Standard (CRS) during a transformative period for the Group as they establish a central function to manage their reporting obligations. The successful candidate will play a key part in supporting the annual end-to-end reporting process, ensuring timely and accurate classifications and validations for Reportable Persons.
Job Duties:
- Support the annual classification exercise of Managed Entities across the Group, ensuring all classifications are accurate.
- Document entity classifications and associated rationales/evidence in the core database to withstand Competent Authority scrutiny.
- Conduct reviews of indicia and tax reporting data on Account Holders and Controlling Persons of client entities.
- Lead the annual outreach to third-party Financial Institutions, conveying client book classifications for their reporting obligations.
- Assist various internal offices with self-certification compliance, including outreach and validity assessments.
- Support data preparation and remediation of self-certifications for CRS 2.0.
- Aid the Group FATCA/CRS Team in logging CRS 2.0 data points into the core database, ensuring completeness and accuracy.
- Assist in producing test and final XML returns for submission to Competent Authorities.
- Provide FATCA/CRS-related advice to local offices, escalating complex queries when necessary.
- Aid local offices in completing FATCA/CRS documentation for banking and investment partners.
- Manage the Group FATCA/CRS inbox, addressing queries and issues as required.
- Contribute to resolving legacy issues and remediation requirements alongside the Group FATCA/CRS Team.
- Collaborate with stakeholders towards technology-based solutions for annual reporting processes.
Job Requirements:
- Working knowledge of FATCA/CRS and its application within the trust and company sector; experience in pensions is an advantage.
- Ability to complete associated documentation, including self-certifications and W-8 and W-9 forms, explaining the rationale to client-facing teams.
- Experience in undertaking entity classifications within trust and company structures.
- Proficiency in processing large volumes of data, particularly in CSV, Excel, and XML formats.
- Basic understanding of data protection laws and their relevance to data shared under AEOI.
- Capacity to interpret complex information and convey it clearly and concisely.
- Strong ability to collaborate with multiple teams while managing internal and external relationships.
- High-level integrity, ethical conduct, and commitment to client confidentiality.
- Capability to influence change at the local level and promote compliance.
- Effective time management skills and prioritisation under strict regulatory deadlines.
- Willingness to continue learning and develop professionally.
What You’ll Love:
Our client offers a supportive working environment that encourages professional development, including supporting professional qualifications. You will enjoy a culture that values integrity and is committed to maintaining compliance in all operations. Additional benefits include 25 days of annual leave plus an extra day for your birthday and the opportunity to work from home after a probationary period.
Could this be the right opportunity for you? If this opportunity sounds right for you, we’d love to hear from you. Our friendly and experienced recruitment team is here to answer your questions, offer guidance and support you throughout the process. Simply submit your CV in confidence, and our Candidate Manager will arrange for one of our consultants to get in touch to organise an initial meeting, either face to face, via Microsoft Teams or by telephone, whichever suits you best. We look forward to getting to know you and learning more about what you’re looking for.
