Title : Tax Operations - New Bus & Tax Regulatory Compliance - Analyst
Location : Salt Lake city ,UT
Duration : 6 months
Job Description:
- Regulatory Governance, New Activity and Vendor Onboarding Services.
- High visibility role where you will work with other Business Analyst and teams across regions to drive initiatives and issue resolution.
- Develop deep subject matter expertise in relevant tax systems, procedures, and requirements.Gain a comprehensive understanding of multiple business lines across the firm in a role offering broad exposure to many divisions and groups.
- Use your inquisitive mindset to identify control weakness, mitigate risk, improve client experience, and further process automation through increasing scale and efficiency.
- Act as a risk manager through ongoing assessment and awareness of the tax regulatory environment and the firm's adherence to current and new tax obligations.
- Be able to learn new processes and write detailed procedures for each process, providing
- Tax Ops Line and Business Analysis (BA) teams with guidance as they support these processes.
- Design and draft management reporting for regulatory, new business and vendor management processes.
- Assist in managing the bridge between technical and non-technical stakeholders through communication and presentation skills.
Roles and responsibilities:
- Tax analyzes and supports the activities, operations, reporting obligations and transactions of the firm's business lines to ensure that tax consequences and reputational risks are evaluated appropriately.
- Our work contributes directly to the firm's success, and the division is ideal for creative and collaborative individuals who have strong ethics and attention to detail.
- The team is responsible for maintaining the integrity of the firm's compliance with reporting authorities around the globe and managing related inquiries from a variety of the firm's businesses across established and emerging markets.
- Day-to-day team functions include accurate and timely account documentation and monitoring, withholding, client information reporting, and regulatory filings.
- The team also provides critical subject matter expertise and functionally aligned support during the design, testing, and implementation of related systems and processes.
- In addition, the team also oversees the regulatory change, new business activity and vendor management processes for Tax Operations.
- The team capitalizes on opportunities to optimize procedures and build scalability through data analytics and efficient use of technology.
Required Skills:
- Bachelor's degree and 4+ years relevant work experience in Operations, Accounting, Finance or related field leading functions and projects.
- Excellent Communication Skills and ability to prioritize workload to drive results, solve problems, and take accountability for deadlines / outcomes.
- Proven leadership abilities, with demonstrable skill leading through influence, building consensus, and managing up to senior/executive-level stakeholders.
- Ability to work in project teams to help formulate the implications of a specific solution across the process, e.g., costs, risk, potential for re-use of services developed, etc.
- Demonstrated ability to work across products, regions, and functions, preferably in the financial services industry.
- Demonstrate ability to work independently, achieve results, and contribute to team success.Demonstrate excellent people skills and ability to influence key stakeholders outside their direct control.
- Be highly collaborative, team-oriented, and strong consensus builder
Preferred Qualifications:
- Knowledge of Foreign Account Tax Compliance Act (FATCA), Nonresident Alien (NRA), Backup withholding, and Qualified Intermediary (QI) regulations.
- Prior Tax Operations related work experience in translating regulatory guidance into systematic solutions for risk mitigation and fulfilling compliance mandates.
- Experience in process transformations, writing functional requirements, performing root cause analysis, executing UAT testing and decision modeling is a plus.
- Strong data analysis skills and experience with Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Confluence and JIRA.
- Experience with SQL, Aqua Data Studio is a plus but not mandatory.
|