Senior Associate Level 3 - Transfer Agency
Apex Group · Pune
The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.
That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.
Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.
For our business, for clients, and for you
Transfer Agency FATCA- CRS TEAM
Role Title- Senior Associate
To provide consistently a high level of operational tax support to the firm and its clients in administering jurisdictional tax laws of the countries within which Apex operates. You will be responsible for processing and recording of all Common Reporting Standard (CRS) and FATCA Tax documentation. You will help assess the client data and documents to identify the potentially reportable clients across jurisdictions and will liaise with clients or relationship managers to update the reportable details from time to time, before submitting the final reports to the regulatory portals.
Key duties and responsibilities
- Act as a tax / information reporting specialist to execute the FATCA, CRS advisory systems
- Execute the tax information reporting processes to products issued by business
- Migration of work into our centralized hub
- Develop "Go To" processes and implement appropriate procedures to ensure compliance with Information Reporting & FATCA requirements
- Be change agent and assist changing the processes or developing the new ones
- Participate in Robotic Process Automation initiatives
- IRS Tax form for FATCA and CRS self certification validation covering FATCA CRS reporting.
- Identify and participate in process reengineering & redesign to achieve better controls, compliance and efficiency
- Support audits with IRS and Internal Audit, special audits
- Support Technology projects from a technical tax perspective
- Review, validate and process IRS forms and self certification form along with related documentation according to IRS and FATCA regulations
- Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas .
Qualification and Experience
- Prior FATCA CRS/ Transfer Agency processing experience is required
- Bachelor’s Degree in Commerce is desires
- 5-10 years of relevant experience
Skills Required
- Working knowledge of FATCA & CRS and the regulated regulations.
- Understanding and review of US tax forms i.e., W9, W8-BEN, W8-IMY, W8-BEN-E, Chapter 3 status, With holding statements etc along with self cert forms (CRS)
- Work in co-ordination with other team members to ensure effective delivery for all services offered to internal and external clients
- Ability to understand XML schema to be able to prepare and review reports before submission
- To understand and adapt to changes, ensure that processes and procedures are continually updated to reflect changes in FATCA/CRS regulatory compliance requirements
- Should be familiar with FATCA CRS XML upload procedures
- Well versed with Microsoft applications. Expert excel and presentation skills is an added advantage.
- Good written and verbal communication skills
- Desired to be challenged and learn
- Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding.
- Attention to detail and ability to work on multiple tasks.
- Flexible enough to work in any shift as per business needs.
- Self-management - Adaptability and resilience, learning behaviour, integrity and ethics and relationship build. Motivational skills - Performance standards, achieving results and persistence.
- Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding.
- Attention to detail and ability to work on multiple tasks.
- Flexible enough to work in any shift as per business needs.
Career with Apex
- A genuinely unique opportunity to be part of an expanding large global business
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly