Regulatory Implemetation/Compliance in Private Wealth

Tax Advice

• ​Regulation monitoring and initiation of change
• ​Provide relevant tax advice to projects/change on any new/existing forms, processes, or reports, etc.
• ​​Provide solution/answer to queries escalated to Tax Services Asia as per the FATCA/CRS/ QI BAU support model

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Tax Compliance including Governance and Control

• ​Assist to conduct yearly FATCA CRS QI self- certification verification as part of Compliance Programme
• ​Support the FATCA CRS QI external/internal review/audit program
• ​Support the bank wide RMI yearly certification
• Closely collaborate with colleagues in Global Tax Services division (and/or with other business divisions where necessary), with respect to the implementation of operating guidelines
• Support Global Tax Services to achieve global alignment with its roll out of relevant documentation and initiatives, and ensure adherence/location adoption to global policies
• Evaluate new policies and procedures for operational impact on the Compliance and Control Framework
• Provide support to FATCA CRS QI deficiency report data for the monthly SG/HK Risk Committee
• Participate and assist the management of the control deficiency reporting/monitoring process including assessment of deficiencies reported/sign-off etc.
• Monitoring CRS-FATCA Compliance and Control WG (CFCC WG) implementing F2B regulatory changes to ensure FATCA/CRS/QI compliance
• ​Act as liaison to internal stakeholders to aid in surfacing gaps between written procedures and its execution; ensuring compliance with internal procedures/regulation in the Compliance Programme
• Provide mandatory, technical and ad hoc training slides/sessions as needed
• ​Assist to review and support new business initiatives

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​Knowledge & Skills Required

• Possess regulatory knowledge and working knowledge of FATCA CRS QI is preferred

• Experienced and competent in documenting end-to-end operational processes and procedures, including data sourcing, controls, and quality assurance checks
• ​Possess strong experience working with multiple senior stakeholders across the bank F2B particularly in Front Office, Operations, ACM, Legal, Compliance and IT
• ​Possess expertise in leveraging a process improvement skillset to produce tangible risk and control improvements
• ​Possess knowledge of process engineering e.g. BPM process modelling and/or Lean Six-sigma will be advantageous

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