Securities & Derivatives Intmd Analyst - C11 - CHENNAI

Job Title: Client Tax Operations - Quality Management – Analyst

Job Level: C11

Time Type: Full time

Job Family Group: Regulatory Reporting & Client Tax Operations

Manager Level: Individual Contributor

Job Summary: We are seeking a skilled professional to join the Quality Management Team in Wealth Operations, specifically focusing on Client Tax Services. This role involves executing and supporting the Quality Management framework for Client Tax Services activities, contributing to adherence to submission deadlines and accuracy standards across various Tax jurisdictions. The Quality Management Analyst will play a crucial role in maintaining the integrity and accuracy of information across a broad range of wealth management products and client portfolios. The ideal candidate will possess good understanding of tax reporting requirements, an eye for detail, and the ability to work effectively within a team.

Key Responsibilities:

Quality Management Execution:

• Execute Quality Management activities for Client Tax Services.

• Perform sample testing to review the accurate and timely solicitation in compliance with Tax authorities.

• Conduct comprehensive data reconciliation and validation to ensure the integrity of Tax reporting and services.

Tax Compliance Support:

• Assist in managing and coordinating responses to queries from Tax Authorities and internal control assessments (e.g., MCA framework) specifically related to Tax services, under supervision.

• Actively participate in relevant Tax forums and team discussions.

• Identify potential discrepancies or issues in Tax Services and escalate them appropriately to senior team members.

• Contribute to the understanding and application of new or revised Tax requirements.

• Support the development, maintenance, and enhancement of the risk and control framework for Tax Services processes.

• Stay informed on evolving global tax requirements, Citi policies, standards and adapt QA activities to meet compliance standards, especially those impacting wealth management products.

Stakeholder Collaboration:

• Collaborate with internal stakeholders (e.g., Corporate Tax, ICRM, Legal, Business Units) and external parties as required, to address QA issues and support remediation plans.

Process Improvement Support:

• Contribute to process improvement and automation initiatives within the Tax services function.

• Assist in identifying and implementing best practices to enhance the efficiency, accuracy, and consistency of tax services.

• Support the monitoring of data quality metrics and controls to ensure the integrity of data used for tax services.

Risk Assessment Contribution:

• Assist in conducting risk assessments to identify gaps in existing QA processes and support mitigating compliance risks.

Reporting & Documentation:

• Prepare and contribute to comprehensive reports on the status of QA programs, key findings, and recommendations for improvement.

Required Skills & Expertise:

Educational Background: Bachelor's or Master's degree in Finance, Business, Economics, or a related field.

Professional Experience:

• Proven experience (typically 4+ years) in Tax Services or Quality Management within the financial services industry.

• Prior experience in Due Diligence, Withholding, and Annual solicitation of FATCA and CRS is preferred.

• Working experience and knowledge on other Client Tax Reporting frameworks (e.g., Relief at Source, Reclaim at Source) and indirect Tax regimes like GST, VAT, FTT will be a plus.

• Solid understanding of key Tax reporting frameworks and requirements.

• undefined

Technical Skills:

• Proficiency in reconciliation, advanced Excel functions, and automation tools.

• Familiarity with data analytics and QA tools is a plus.

Core Competencies:

• Strong attention to detail and analytical skills.

• Ability to work independently and collaboratively in a fast-paced environment.

• Good communication and interpersonal skills, with the ability to interact with team members and internal stakeholders.

• Ability to follow established processes and procedures.

• Experience in managing documentation for Tax Authority submissions and audit trails.

Why Join Us?

• Global Impact: Contribute to ensuring compliance and operational excellence across global wealth management markets, safeguarding the integrity of our client experience, relationships, and services.

• Career Growth: Opportunity to develop and gain experience within a critical function, with potential for career advancement and exposure to diverse markets and products.

• Collaborative Environment: Work with top-tier professionals from diverse backgrounds and regions, in a culture that values teamwork, innovation, and continuous improvement.

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