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.
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FATCA / CRS Reporting Officer x 2 employer: Itchyfeet Recruitment Agency
Itchyfeet Recruitment Agency is an excellent employer, offering a dynamic work environment where collaboration and operational efficiency are at the forefront. Employees benefit from a supportive culture that prioritises professional growth and continuous improvement, making it an ideal place for those seeking meaningful and rewarding employment in the UK.
Contact Details:
Itchyfeet Recruitment Agency Recruitment Team
