CBM IN BUSINESS TAXES – FATCA & CRS VP

CBM In Business Taxes – FATCA & CRS VP The role is within the Citi Mexico Business Execution team, so relevant experience in First Line of Defense is mandatory.
The candidate will be the responsible of the oversight on the FATCA and CRS compliance within Citi Mexico.
Key Responsibilities.
Business Execution – In Business Compliance Preparation and coordination of materials for monthly and annual business reviews Work with the wider In Business Compliance team to effectively track action items from councils / forums and provide transparency on updates to the Business Execution leadership team.
Drive, influence, and challenge processes to ensure productivity and efficiency across the firm.
Provide ad-hoc reporting in a timely manner for senior stakeholders as required.
In Business Taxes Oversight Assist in further developing and overseeing the Governance Framework for Tax Documentation processes, particularly for FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standards).
Multiple stakeholder engagement across Product, Tax Operations, Corporate Tax, Account Opening and Onboarding teams.
Proactively track and identify new and/or changes in law, rules and regulations pertaining to FATCA and CRS.
Evaluate and communicate changes about FATCA and CRS to impacted businesses / functions.
Oversee the different businesses throughout Citi Mexico on the implementation of the regulatory changes.
Coordination of the filing before the tax regulators of the FATCA and CRS annual reports.
Attention to tax regulators’ formal and informal requirements, interaction with officials and third-party vendors involved in the reporting process.
Preparation of compliance reports to be signed by the CEO and report to global teams based upon data provided from different sources.
Participate in technical meetings with global teams to discuss the Country performance and establishment of remediation plans and oversee the implementation within the business.
Provide continuous assistance and advisory to the different businesses about the FATCA and CRS compliance (documentation, monitoring, reporting) with technical solid grounds and a practical approach.
Ensure that the Business / Functions fully understand FATCA and CRS regulatory requirements.
Ensure accuracy and completeness of FATCA and CRS regulatory deliverables.
Track and oversee FATCA and CRS regulatory observations with Business / Functions.
Support Business understanding of FATCA and CRS regulation changes and applicability.
Guide Business through implementation and execution of regulatory changes.
Qualifications.
5+ years’ experience in financial services Relevant experience in First Line of Defense is mandatory.
Proven technical knowledge in the FATCA and CRS local and international regulation and its practical implementation.
Solid knowledge in the application, review, and challenge of the FATCA forms and self-certification forms.
Proven experience in assessing the potential tax consequences of non-compliance with FATCA and CRS regulations.
Relevant compliance, risk and control knowledge required.
Education.
Bachelor’s/University degree required, potentially master’s degree Competencies.
Strong organizational and communication skills, resilience, and teamwork.
Strong project management and multi-tasking skills.
Self-motivated, goal oriented, and with agility to pivot based on evolving requirements.
Highly organized, responsive, proactive and with excellent attention to details.
Very strong analytical and technical skills.
Strong skills in Microsoft Office (Excel, PowerPoint, Word) Fluent in English is a Must CBM In Business Taxes – FATCA & CRS VP The role is within the Citi Mexico Business Execution team, so relevant experience in First Line of Defense is mandatory.
The candidate will be the responsible of the oversight on the FATCA and CRS compliance within Citi Mexico.
Key Responsibilities.
Business Execution – In Business Compliance Preparation and coordination of materials for monthly and annual business reviews Work with the wider In Business Compliance team to effectively track action items from councils / forums and provide transparency on updates to the Business Execution leadership team.
Drive, influence, and challenge processes to ensure productivity and efficiency across the firm.
Provide ad-hoc reporting in a timely manner for senior stakeholders as required.
In Business Taxes Oversight Assist in further developing and overseeing the Governance Framework for Tax Documentation processes, particularly for FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standards).
Multiple stakeholder engagement across Product, Tax Operations, Corporate Tax, Account Opening and Onboarding teams.
Proactively track and identify new and/or changes in law, rules and regulations pertaining to FATCA and CRS.
Evaluate and communicate changes about FATCA and CRS to impacted businesses / functions.
Oversee the different businesses throughout Citi Mexico on the implementation of the regulatory changes.
Coordination of the filing before the tax regulators of the FATCA and CRS annual reports.
Attention to tax regulators’ formal and informal requirements, interaction with officials and third-party vendors involved in the reporting process.
Preparation of compliance reports to be signed by the CEO and report to global teams based upon data provided from different sources.
Participate in technical meetings with global teams to discuss the Country performance and establishment of remediation plans and oversee the implementation within the business.
Provide continuous assistance and advisory to the different businesses about the FATCA and CRS compliance (documentation, monitoring, reporting) with technical solid grounds and a practical approach.
Ensure that the Business / Functions fully understand FATCA and CRS regulatory requirements.
Ensure accuracy and completeness of FATCA and CRS regulatory deliverables.
Track and oversee FATCA and CRS regulatory observations with Business / Functions.
Support Business understanding of FATCA and CRS regulation changes and applicability.
Guide Business through implementation and execution of regulatory changes.
Qualifications.
5+ years’ experience in financial services Relevant experience in First Line of Defense is mandatory.
Proven technical knowledge in the FATCA and CRS local and international regulation and its practical implementation.
Solid knowledge in the application, review, and challenge of the FATCA forms and self-certification forms.
Proven experience in assessing the potential tax consequences of non-compliance with FATCA and CRS regulations.
Relevant compliance, risk and control knowledge required.
Education.
Bachelor’s/University degree required, potentially master’s degree Competencies.
Strong organizational and communication skills, resilience, and teamwork.
Strong project management and multi-tasking skills.
Self-motivated, goal oriented, and with agility to pivot based on evolving requirements.
Highly organized, responsive, proactive and with excellent attention to details.
Very strong analytical and technical skills.
Strong skills in Microsoft Office (Excel, PowerPoint, Word) Fluent in English is a Must ------------------------------------------------------ Job Family Group.
Compliance and Control ------------------------------------------------------ Job Family.
Business Control ------------------------------------------------------ Time Type.
Tiempo Completo ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc.
and its subsidiaries (\"Citi”) invite all qualified interested applicants to apply for career opportunities.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the \"EEO is the Law\" poster.
View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting Click here to learn more about careers at Citi.