The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.
That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.
Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.
For our business, for clients, and for you
Job Description: Senior Associate: Operational Tax (FATCA/CRS/US Tax)
DEPARTMENT: Corporate Solutions
LOCATION: Pune/Bangalore/Hyderabad
As an Operational Tax Senior Associate, you will be responsible for the FATCA-CRS, US Tax and KYC components of the operation tax process and for performing necessary analysis, reviews and engagement in order to ensure delivery and compliance. You will be required to interact internally with the various teams at the Luxembourg office and other Apex Offices.
The Role:
- Comply with FATCA-CRS, US Tax and other operational taxes regulations and requirements
- Review and scrutinize FATCA-CRS, US Tax documentation e.g. self-certifications, W-Forms, withholding statements received ensuring it meets the regulatory requirements
- Oversight, review and guidance on FATCA-CRS, US Tax client onboarding, ongoing monitoring, periodic reviews and remediations
- IRS GIIN/Responsible Officer / Point of Contact registrations, deregistrations and handover procedures
- Reporting scope analysis, preparation and organization
- Reporting data requests to and from respective teams and clients
- Analysis of reportable accounts and reportable persons
- Preparation of notification letters for reporting
- Collate, analyse and review data received from clients and internal teams
- Preparation of XML reports
- Annual filing of reports via e-file
- Prepare and complete checklists and arrange for review
- Steering client, internal, fund manager and auditor requests
- Point of contact with the tax administration if needed
- Responsively addressing queries from stakeholders (clients, internal teams, CRMs, Tax Authorities, IRS)
- Support team members, support teams and managers with regards to US tax matters (K1, 1042,
- Assist in any other ad hoc external or internal FATCA-CRS, US Tax related queries, tasks and procedures
- Contributing ideas for process improvement and supporting the implementation thereof
- Demonstrating a comprehensive understanding of US Tax, FATCA/CRS, AML/KYC and private equity regulations and procedures
Skills Required
- Good knowledge of and experience in FATCA-CRS, US tax and AML/KYC regulations and procedures
- Good knowledge of fund structure in Luxembourg, where possible
- Attention to detail and accuracy
- Ability to handle complex analysis
- Project management skills an asset
- Strong research and analytical skills to collect and analyse large amounts of data and developing well-reasoned recommendations
- Ability to work under pressure and tight schedules
- Multitasking, time management, presentation and communication skills
- Result oriented, detail oriented, team player with ability to work with minimum supervision in a fast-paced environment
- Strong documentation skills to clearly articulate risks
- Excellent interpersonal and verbal and non-verbal communication along with strong customer service skills
- Languages skills in English are mandatory, another language (e.g. German or French) is an asset
- Strong work ethic, professional and approachable personality
- Inquisitive and self-motivated
- Quick learning and adaptability to new systems and Operational Procedures
- Strong MS Excel and web skills
Qualifications
- A degree in relevant field (financial services, business, economics, accounting, law)
- 3 to 6 years’ of senior experience in AML/KYC, FATCA/CRS, or US Tax.
- Experience in AML/KYC, FATCA-CRS, US tax, Due Diligence and tax reporting
What you will get in return:
- A genuinely unique opportunity to be part of an expanding large global business
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly
About Apex
Please visit our website www.apexgroup.com
Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.
What We Do
We are a single-source financial solutions provider dedicated to driving positive change while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices around the world. Established in Bermuda in 2003, we have continually disrupted the industry through our investment in innovation and talent. Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. As a pioneering data and fintech-enabled company, we are a disruptor driving digital tools into fund and asset servicing. However, our vision to drive positive change extends beyond the industry. The Apex Foundation, a not-for-profit entity, is our passionate commitment to empower sustainable change
