Details
Posted: 28-Jun-22
Location: Singapore, Singapore
Type: Full Time
Salary: Open
Internal Number: 15617713
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group???s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Bank of Singapore opens doors to new opportunities.
Start your career with Bank of Singapore as a
Tax Manager in our
Finance Tax Management team! !
Overview The role reports to the Head of Tax and is a member of the Client Tax Compliance team within the Tax Management Unit.
The primary responsibility of the role is to provide tax advice to the Bank in relation to tax regulations impacting clients ("Client Tax Regulations") and to ensure governance and compliance of these tax regulations.
Client Tax Regulations include the US Foreign Account Tax Compliance Act (FATCA), Common Reporting Standards (CRS), US Qualified Intermediary (QI), international withholding taxes and tax treaties, transaction taxes (such Financial Transaction Taxes, Stamp Duties, etc) and tax disclosures regimes (e.g., Exchange of Information, EU Tax Disclosures Rules).
Responsibilities As the specialist in Client Tax Regulations, you will
- Provide tax advice and compliance support to the Bank's products, processes and transactions.
- Implement and ensure that the Bank's CRS and FATCA (and QI) certification and attestation programmes are completed timely with relevant departments.
- Perform regular governance and end-to-end quality assurance on the operational processes of the applicable Regulations.
- Monitor changes in Regulations, perform impact assessment and communicate updated requirements to stakeholders for compliance.
- Act as point of contact and liaise with IRAS, MAS or other regulatory agencies as directed by the Head of Tax.
- There will also be many opportunities to participate in the Bank's major projects, initiatives, and to work in other tax matters within the Tax Management Unit to upskill tax knowledge and other skills.
Qualifications Requirements - University degree in Accountancy, Taxation, Business Administration, Law (or equivalent) or higher education;
- Professional certifications such as ICA, CPA, CA, ATP, ATA is preferred but not a must.
- Minimum 6 years' relevant experience in tax advisory work on FATCA and CRS .
- Operational knowledge of FATCA and CRS is required.
- Knowledge of QI and other Client Tax Regulations would be advantageous but not mandatory.
- Excellent interpersonal, analytical and communication skills.
- Ability to work independently and meet deadlines.
- Self-motivated, meticulous and highly organized with the ability to make things happen.
- Willingness to learn and upgrade new skills and knowledge.