The position directly and indirectly manages a team of over11across the globe. The team is responsible for three main areas, as follows:
Business Tax Advisory
Each team member, including this position, must have a broad range of tax and legal expertise, business acumen and analytical skills to understand complex transactions, in addition to a working knowledge of financial statements/accounting. The position requires familiarity with taxation of complex financial products, such as structured derivatives, all types of lending arrangements for corporate and individual clients, as well as of a broad range of financial services, including payment process, custody and cash management. The team sits on cross-functional approval committees and engages with partners in tax, finance, legal, accounting policy and risk. They also engage with senior business leaders. They coordinate matters with the Citi tax compliance and the Citi tax information reporting functions. This position provides final oversight and approvals globally for the most significant products, services and risks managed by the team.
U.S. tax information reporting, FATCA and CRS
The team supports all of Citi's businesses by providing advice to businesses and operations teams with respect to U.S. tax information reporting and withholding rules, including FATCA, as well as the Common Reporting Standard (CRS). The team advises business and operational teams on processes necessary to ensure that required tax and CRS documentation is collected, appropriate withholding is applied and reporting is timely and accurately performed. The team works in partnership with the Businesses, Operations, Risk and external advisors to pro-actively develop tax process solutions. The team oversees the QI/QDD periodic review and certification processes and coordinates with tax operations on FATCA certification processes. This position will guide and provide final approval globally for the most significant products, services and risks managed by the team.
Client/Operational Tax Implementation Oversight
Qualifications
7-10+ years’ experience in a law firm or financial services corporation required