The Finance Risk Operations TIR unit in Dublin has primary responsibility for the documentation validation process for the Global and Direct Custody businesses. Utilising a third party vendor application as well as internal Citi systems, the unit makes decisions that impact the future taxation and onward reporting of client’s income.
Tax regulation has changed significantly in the past few years and from this the requirements to validate tax documentation prior to account opening have increased in both volume and complexity.
The unit provides support to our GC and DC clients as well as the Implementations and Client Exec teams.
This position will work in a team-oriented environment.
Act as a tax / information reporting specialist to execute the FATCA advisory/rollout, Systems conversions/rollouts.
Support Group manager in supervising the unit and facing off to business partners and clients where required.
Support audits with IRS and Internal Audit (IA), and any other special audits.
Participate in self-assessment testing, MCA, SOX controls as well as any audits with IRS or Citi's IA.
Ensure tight controls over owned processes to include key controls and Continuity of Business.
Support Technology projects from a technical tax perspective.
Contribute towards departmental requirement to adhere to strict regulatory and compliance requirements, per IRS and Citi policy.
Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas.
Exposure to Clients, Product and alternative groups within Securities Operations and Asset Servicing.
Growth business area. The department has more than doubled in size in the past 2 years.
Exposure to multiple business lines across Finance Risk Shares Services.
1. Understanding of U.S. tax information reporting requirements applicable to products issued by retail, institutional custody, markets and private bank businesses.
11. Ability to interact with all levels of internal customers and senior management.
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.
Citi is an Equal Opportunities Employer.