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2 days ago
This is a unique opportunity to join a project focused on Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) obligations. As a Regulatory Compliance Expert, you will work closely with internal teams and stakeholders to ensure client compliance with international tax regulations.
The role offers a chance to gain hands-on experience in regulatory compliance within the financial services industry. You will conduct first-line reviews of FATCA and CRS forms, draft client risk assessments, memos, and exception reports, and investigate trigger events and escalate where appropriate.
Key Responsibilities:- FATCA/CRS Form Review: Conduct thorough reviews of FATCA and CRS forms to ensure accuracy and completeness.
- Client Risk Assessment: Draft risk assessments, memos, and exception reports to identify potential risks and take corrective action.
- Trigger Event Investigation: Investigate trigger events and escalate where necessary to ensure timely resolution.
- AML Policy Adherence: Ensure adherence to internal AML policies and procedures to maintain a high level of regulatory compliance.
- Collaboration and Communication: Collaborate with onboarding teams to ensure due diligence obligations are met and liaise with clients, MLRO, and internal/external stakeholders as required.
- Compliance Experience: Proven experience reviewing FATCA/CRS forms and identifying gaps in compliance.
- Strong Analytical Skills: Strong understanding of FATCA/CRS compliance in relation to AML/KYC and ability to analyze complex data sets.
- TIN and GIIN Validation: Ability to validate Tax Identification Numbers (TINs) and Global Intermediary Identification Numbers (GIINs).
- FATCA/CRS Data Management: Experience updating systems with FATCA/CRS data and maintaining accurate records.
- Communication Skills: Excellent analytical and organisational skills, strong initiative, communication, and attention to detail.
This project provides an excellent platform for a compliance professional to work on a high-impact regulatory initiative in a fast-paced environment, with training provided on internal processes and systems.
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