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Senior Manager Client Tax Information Reporting

10.00 to 12.00 Years   Chennai   12 Mar, 2020
Standard Chartered Bank Ltd
Job LocationChennai
EducationNot Mentioned
SalaryNot Disclosed
IndustryEducation / Training
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

  • The role will provide support towards the CTIR/CRS reporting solutions/processes to ensure compliance, including data collation, data analysis, data validation, reports consolidation, reports validation and submission of reports to regulators. The role involves building a strong BAU team in Chennai by taking over the processes currently designed and handled by the CTIR Project team. Given the fast changing regulatory environment, supporting the project team on key Project deliverables will also be likely.
The Role Responsibilities
  • Work with the Project/Reporting lead in planning the various CTIR/CRS deliverables for delivery on the agreed timelines based on the resources available On/Off shore.
  • Work on the activities directly identified/assigned and deliver them within the agreed timelines.
  • Disseminate the knowledge on existing as well as ongoing changes happening in the FATCA/CRS processes in an organized manner to the rest of the team members and bring them up to speed to perform the activities.
  • Support the team in delivering the agreed processes, by assigning some of the processes to self to manage peak working load.
  • To gain detailed understanding of the FATCA/CRS reporting process of the Bank and become an SME.
  • To meet the timelines of all FATCA/CRS Deliverables without any deviation as there is a regulatory expectation in meeting the timelines by planning the activities/deliverables and assign them to the team accordingly.
  • Provide the necessary updates to stakeholders/Project working groups on a regular basis.
  • Engage in a positive and pro-active stakeholder management
  • Interact with Key Project team members/stakeholders to understand Regulatory Impact / Changes
  • Keep operating instructions documents up to date.
People / Resource Management
  • Build, manage, coach, develop and engage a team of high performing individuals.
Process and Service Management
  • Identify opportunities to remove process waste, engage in standardisation of various reporting packs and encourage, drive and support automation initiatives thereby reduce / remove the non-value adds in the process.
  • Establish robust control and governance on the process
  • Drive productivity and achieve cost efficiencies through continuous improvement initiatives.
  • Drive a culture to capture appropriate metrics for tracking actual hours/ standard hours/ errors etc
  • Ensure detailed documentation and it is up to date for all processes
Targets and Budgets
  • Ownership of the assigned budget and management of across the reporting team
  • Ensure all queries for submitted reports are reverted within timelines.
Our Ideal Candidate
  • A Professional Degree with a preference in Business, Finance, Accountancy, Law or Taxation from a reputed institution with 10+ years experience.
  • Strong process & data analysis skills, ability to prioritise and manage to defined time lines / budgets;
  • Proven ability to work within a team environment and communicate effectively with diverse stakeholders;
  • Confident and capable user of project software, including Visio, Excel and MPP
  • Ability to think laterally and critically, challenge status-quo and demonstrate innovative thinking;
  • Good working knowledge of international banking products, systems and/or processes is highly preferable;
  • Previous experience of regulatory reporting would be an advantage
  • Exceptional written and verbal communication skills
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Keyskills :
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