Job Description
You are a strategic thinker passionate about driving solutions in Tax operations for Investment Private Banking .You have found the right team.
• You will be reconciling the banking/accounting system with the tax system for client and Tax Authority for multiple jurisdictions like as US, UK, German, Indonesia, FATCA, CRS, etc.
• You will be reviewing transaction feed across product/security types and tax withholding review and remittance to tax authority for various markets like Belgium,US, German, Sweden etc.
• You will liaising with various upstream operations team like Asset Servicing, middle office trade Support and Derivatives, Securities transfers, Hedge Funds etc. for transaction corrections etc.
• You will be liaising with Tax Tech, Tax Projects and Business for system enhancement and support tax reporting for new products
• You will maintain high standards and follow all process controls with no lapses.Pre empt process gaps and implement controls.Handle issues independently and escalate to management if required
• You will Interact with different stakeholder to resolve process issues and play key role in adding process controls
• You will suggest process enhancements, possible automations for better controls, perform periodic risk and controls analysis with the team for process risk valuation. Ensuring connect with the team including periodic check in and performance discussions.
Required Qualifications
• 7-8 years of relevant work experience
• Knowledge of securities, trade settlement, tax and MS Excel
• Understanding US Tax jurisdiction (1042/10++ reporting, FATCA/NRA)
• Knowledge of corporate actions, security transfers would be preferred.
• Candidate with some understanding of tax & gain/loss reporting are preferred
• Team and Performance Management
• Have strong communication skills (written and verbal). Ability to crisply articulate complex technical concepts to senior audiences with poise and confidence.
• Strong team player and has the capacity to build good working relationships with cross functional/geographical teams
• Result oriented, accepting responsibilities and challenges that take them outside their comfort zone.
• Proficient with JIRA, Visio and MS Office Tools (Excel & Powerpoint)
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
• You will be reconciling the banking/accounting system with the tax system for client and Tax Authority for multiple jurisdictions like as US, UK, German, Indonesia, FATCA, CRS, etc.
• You will be reviewing transaction feed across product/security types and tax withholding review and remittance to tax authority for various markets like Belgium,US, German, Sweden etc.
• You will liaising with various upstream operations team like Asset Servicing, middle office trade Support and Derivatives, Securities transfers, Hedge Funds etc. for transaction corrections etc.
• You will be liaising with Tax Tech, Tax Projects and Business for system enhancement and support tax reporting for new products
• You will maintain high standards and follow all process controls with no lapses.Pre empt process gaps and implement controls.Handle issues independently and escalate to management if required
• You will Interact with different stakeholder to resolve process issues and play key role in adding process controls
• You will suggest process enhancements, possible automations for better controls, perform periodic risk and controls analysis with the team for process risk valuation. Ensuring connect with the team including periodic check in and performance discussions.
Required Qualifications
• 7-8 years of relevant work experience
• Knowledge of securities, trade settlement, tax and MS Excel
• Understanding US Tax jurisdiction (1042/10++ reporting, FATCA/NRA)
• Knowledge of corporate actions, security transfers would be preferred.
• Candidate with some understanding of tax & gain/loss reporting are preferred
• Team and Performance Management
• Have strong communication skills (written and verbal). Ability to crisply articulate complex technical concepts to senior audiences with poise and confidence.
• Strong team player and has the capacity to build good working relationships with cross functional/geographical teams
• Result oriented, accepting responsibilities and challenges that take them outside their comfort zone.
• Proficient with JIRA, Visio and MS Office Tools (Excel & Powerpoint)
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
💡 Quick Summary
Seeking a career-building opportunity? The Private Banking Tax Operations | Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
