Custody Operation Tax Analyst

Budget 2500$ per month
Posted: 4 year ago
Opened
Description
we have a client in search of a Custody Operation Tax Analyst temporary for the next 3-months. The position includes the daily processing responsibilities for NRA withholding and remittance, 1099 and 1042s tax reporting and reconciliation, development and management of system tax rules, allocation of withholding rates, special tax services (i.e. EDS elections, Tax reclaims and Acupay certifications). Primary Responsibilities/Essential Functions:

Daily analysis and processing of NRA withholding on CA/Income events
Reconciliation of withholding tax and income/exemptions codes reported to the clients
Communicating and processing elective dividends through the depository with respect to foreign withholding rates
Ensure the ongoing development and maintenance of written procedures and adherence to all US regulations as related to the services, along with the adherence to internal banks and business line procedures and policies
Reconcile and prepare client 1099 and 1042s forms
Communicate tax-related changes that have impacted on information, documentation, reporting ad withholding regulations to clients via the issuance of Market Updates/Newsletters
Provide support and guidance to all internal tax related areas with respect to tax related queries
Contribute to the maintenance of an effective quality service and reduce client risk to a minimum by ensuring that all work is processed within agreed timelines and complex client queries are responded to within 24 hours or agreed timeframe
Ensure all account opening documentation is processed correctly within the required timeframes
Work with the other teams to ensure the company continues to provide a top-quality service to our clients

Management of Risk:

Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations
Each employee must ensure compliance, operational risk

Requirements

Minimum 3 years of experience
Must have strong overall knowledge of Domestic markets, with emphasis on Equity and Fixed Income products
Knowledge of Broadridge's BPS/TMS platform as well as Globe Tax
Computer literacy, knowledge of Excel and Word, detailed oriented, good problem solver, should have good communication skills
Performance is based on ratings
Skills and having experience with the systems is most important
Skills:
Analytics,Management,Tax Services,Time Management,Executive Assistant,File Management,Personal Assistant,Microsoft Excel,Help Desk,Secretarial Support
Working conditions:
2500
Category
Source: guru.com

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