Custody Tax Analyst
Luxembourg (City)
Open-ended
Selection & Interim
Are you a finance whiz with a passion for tax analysis and compliance? Our client is seeking a talented Custody Tax Analyst to lead critical tax-related initiatives. From centralizing tax information to ensuring timely filings, this role offers a chance to make a real impact. If you have a background in finance, tax, or legal sectors, along with knowledge of tax regulatory frameworks and strong analytical skills, this could be the perfect fit for you. Join a dynamic team, stay updated on industry trends, and take on exciting ad-hoc projects. Elevate your career and be part of a team that values expertise and dedication. Apply now!
Description
- Centralizing tax-related subjects: Create a centralized repository or database where all tax-related information for the Custody Division can be stored and easily accessed by team members.
- Analyzing tax impacts: Stay updated on market information and changes in tax regulations to accurately assess the tax impacts on the Bank and its Clients. Consider creating tax impact analysis reports for better decision-making.
- Verification and monitoring of tax documentation: Implement a system for systematically verifying and monitoring clients' tax documentation to ensure compliance with regulatory requirements.
- Support for new accounts opening: Develop standardized procedures for facilitating new accounts opening at sub-custodians' level, including addressing tax-related inquiries from internal and external stakeholders.
- Monitoring and reconciling Capital Gain Tax calculation: Establish regular monitoring and reconciliation processes to ensure accuracy in capital gain tax calculations.
- Timely tax filings: Establish a calendar or reminder system to ensure timely submission of all required tax filings, with a particular focus on meeting deadlines for US tax filings.
- Regulatory tax reporting: Develop a system for efficiently generating and issuing regulatory tax reports such as CRS, QI, FATCA, and DAC6 reports in compliance with relevant regulations.
- Tax reclaims services: Ensure efficient handling of tax reclaims services by developing a streamlined process for submitting and tracking tax reclaims.
- Communication with external providers: Maintain open communication with external service providers and tax consultants to facilitate the exchange of information and ensure smooth collaboration.
- Continuous process improvement: Actively seek out areas for process improvement within tax-related tasks and workflows to enhance efficiency and effectiveness.
- Ad-hoc tax projects: Be prepared to engage in ad-hoc tax projects as needed, offering support and expertise to ensure successful project outcomes.
Your profile
- Background in the finance, tax, or legal sectors with a focus on regulatory compliance and financial products.
- Experience in a bank, financial institution, or with a Big 4 accounting firm.
- Your knowledge of tax regulatory frameworks such as CRS, QI FATCA, and DAC6, as well as your experience with financial products and investment funds legal structures, are valuable assets in roles requiring compliance and regulatory expertise.
- Your fluency in English is also a valuable skill, especially in multinational organizations where English is commonly used as the business language.
- To further enhance your qualifications, you may want to consider staying updated on the latest developments in tax regulations, attending relevant training or certifications, and networking within the industry to stay connected with opportunities.
- With your excellent organizational, time management, and analytical skills, as well as your dedication to quality, you are well-equipped to excel in this role that require attention to detail and precision.
