1+ months

FRSS TIR ACT - Officer (Tax Analyst 2)

Citigroup
Mumbai
Job Description :


Responsible for in-scope processes related to assurance and compliance as part of the Tax Information Reporting function in FRSS. This position supports the reduction/elimination of Citi's franchise & regulatory risk through accurate and timely reporting and enhanced due diligence on customer accounts. The incumbent is expected to work as part of the Assurance and Compliance team tasked to monitor compliance of TIR policies through periodic, targeted reviews, perform operational change management (inclusive of gap identification, escalations and tracking) and build out Citi's Qualified Intermediary specialist group.


This position will work in a team-oriented environment.


The key objectives and result areas are as follows:


-- Act as a tax / information reporting specialist in the Assurance and Compliance Team


-- Act as an internally and externally recognized subject matter expert


Complete targeted reviews of TIR policies across Citi businesses, report identified gaps and review business remediation plans


Assist business in dimensioning significant issues and provide recommended actions


Manage the Build-out and maintenance of an inventory of responsible parties across all businesses for FRSS-TIR activity


Act as member of the QI specialist group supporting Citi Responsible Officers and tax operational teams with reviews, training and policy updates


Support audits with IRS and Internal Audit (IA), and any other special audits.


Ensure tight controls over owned processes to include key controls and include Continuity of Business, as applicable


Qualifications


1. Basic Understanding of U.S. tax information rules applicable to U.S. Persons and non-U.S. Persons


2. Basic Understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1098, 1099 series, and 1042-S; Forms 945 and 1042


3. Basic Knowledge of the Qualified Intermediary Regulations and the requisite compliance requirements


4. Basic Knowledge of FATCA regulations, inter-governmental agreements and associated reporting requirements


5. Basic Knowledge of the Common Reporting Standard and its due diligence and reporting requirements


3. Excellent communication skills to drive engagement and close interactions with key stakeholders.


5. Ability to examine processes and procedures, experience with Process Re-engineering, Re-design and Process Automation is preferred


6. Ability to act as a change agent for organizational and product transformational initiatives


7. Project Management experience preferred and strong organizational skills a must


8. Well versed in standard desktop technology with advanced Excel skills. Visio and Access experience preferred


9. Ability to interact with all levels of internal customers and senior management.


Experience : 4+ years of relevant experience


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**Job Family Group:**


Finance

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**Job Family:**


Tax

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**Time Type:**


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-06-01 Expires: 2022-08-31

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FRSS TIR ACT - Officer (Tax Analyst 2)

Citigroup
Mumbai

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