CIB_Client Onboarding & Documentation_Client Tax Associate II

Job Description

world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan Chase & Co. is available at www.jpmorganchase.com About J.P. Morgan Corporate & Investment Bank J.P. Morgan s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Business Overview: Client Tax Operations Utility The Client Tax Operations Utility s primary responsibility is to maximize the client experience and comply with tax regulations globally by facilitating the collection of valid client tax documentation, the application of withholding tax and refunds and the submission of regulatory reporting. This is a dynamic function requiring consistent compliance and controls, enhanced response to regulatory and market changes and operational excellence in our business processes and technology. The Utility has a firmwide remit principally managing tax services and regulatory responsibilities for the following businesses: Corporate & Investment Bank CIB The CIB is a global leader across banking, markets and investor services. The world s most important corporations, governments and institutions entrust the CIB with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Commercial Bank CB The CB serves more than 30,000 clients, including corporations, municipalities, financial institutions, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion. The Firms broad platform positions the Commercial Bank to deliver extensive product capabilities - lending, treasury services, investment banking, and asset management - to meet our clients domestic and international financial needs. Consumer & Community Bank CCB The CCB serves 61 million households and 4 million small businesses with a broad range of financial services, including banking, credit cards, auto finance, payments, mortgages, and investment advice. The CCB consists of the following lines of business:
• Consumer Banking serves customers at 5,100 branches in 23 states, 16,000 ATMs, online, through mobile and by phone
• Home Lending offers purchase and refinance home loans to first-time and experienced homebuyers, helps customers access the equity in their homes, services residential mortgage loans, and provides affordable housing solutions to customers struggling with mortgage payments. Home Lending services 4.8 million mortgages with combined balances of more than $800 billion
• Chase Card Services offers a broad array of Chase-branded and co-branded credit cards to fit the needs of nearly all consumers and small businesses. As the #1 credit card issuer in the U.S. (based on loans outstanding), we offer customers choice, flexibility, simplicity, security and the backing of the full Chase franchise
• Business Banking provides deposit, credit and cash management services to companies with up to approximately $20 million in annual revenue
• Auto is a leading provider of auto financing and is one of the largest auto lenders in the U.S. It purchases auto loans and leases directly from dealers, makes auto loans directly to consumers through bank branches and chase.com, and provides commercial loans and floorplan financing to dealers
• Merchant Services is the global payment acceptance and merchant acquiring business for JPMorgan Chase & Co. It processed $1.2 trillion in payments in 2017
This is a high-risk organization with diverse market procedures, a significant change agenda and complex market/regulatory requirements. Job Description The Tax Manager will be responsible the execution of the key business objectives, processes and managing business risks for key client/partner relationships across the Corporate & Investment Bank.This position is an opportunity for a suitably experienced candidate to join a dynamic organization and gain exposure to businesses and colleague s firmwide. The successful candidates key responsibilities include, but are not limited to:
• Leadership of an Operations teams in Mumbai supporting the Corporate & Investment Bank CIB
• Monitoring & Reporting of Tax Payables / Receivable accounts
• Monitoring & Reporting of Nostro queues
• Processing of Tax Refund monies
• Identify & escalate all error/exceptions on identification
• Partnering with the Tax Operations team globally to execute tax services for CIB clients
• Act as the senior escalation point for the local team members
• Ensure a strong and stable operational environment with robust controls, checks and balances
• Ensure a client-centric approach is core across the team
• Ensure the organisation is at all times compliant with applicable laws and regulations
• Ensure a consistent focus on the people agenda soft-skill coaching and technical training, talent management and retention, clear succession plan and critical activity coverage, rewards, and recognition
• Ensure a clear, regular, and consistent communication plan across the team
Qualifications: These points have been carefully considered as being essential for the role. Your background must accurately reflect all of these for your application to be considered.
• You must have a relevant Degree qualified and/or equivalent industry experience
• You must be able to demonstrate extensive operations management experience with teams in multiple countries/jurisdictions
• You must be able to demonstrate your in-depth experience of the markets
• You must be able to demonstrate strategic planning and execution skills
• You must be able to discuss experience of client service and relationship management communicating complex issues with internal and external stakeholders
• You must be able to demonstrate strong analytical skills to review evolving market practices, assess oversight metrics and results, and identify trends.
• You must be able to demonstrate high emotional intelligence, with sound networking and influencing skills to help the Client Tax Operations Utility be effective
• You must be able to demonstrate strong communication skills
,

Keyskills :
formstax returnstaxhome loansfilingtax planning