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 Groups 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 an Operations Specialist (1 Year Contract) in our Client Tax Regulatory Reporting - Tax Regulatory Services Team! !
You will be working for the Client Tax Regulatory Reporting Team to support the bank in meeting its reporting obligations for US Foreign Account Tax Compliance Act (FATCA), US Qualified Intermediaries (QI) and Common Reporting Standard (CRS).
Responsibilities:
The team is responsible for completing the annual FATCA, QI and CRS reporting to the respective tax authorities on a timely and accurate manner.
You will be performing regular reconciliation and data quality checks. Exceptions to be flagged for resolution.
You will be addressing queries from various stakeholders with regards to the processes.
You will be preparing the necessary management information updates to the Head of Department on a weekly basis.
You will be working on CIC, RMI and DT BAUs as part of the FATCA and CRS reporting processes activities.
You will be participating in projects that could impact FATCA, QI and CRS reporting. This includes performing User Acceptance Test (UAT) testing as well as regression system testing requirement.
You will be flagging cases where there are deviations from operational procedures (if any) to the team leads as required.
You will be supporting the team on annual regulatory exercises and working with other stakeholders such as Front Office.
You may identify and propose process improvements from time to time.
Other ad hoc requirements.
Qualifications
Requirements
Preferably university degree in finance or accounting.
You have at least a year of experience in private banking.
Possess Tax acumen.
Experience in FATCA, QI and CRS processes will be an added advantage.
Skills
Excellent time management skill and interpersonal skill.
Solid problem solving and analytical skills.
You exhibit an appreciation of the risk impact of actions undertaken, with a good risk and control perspective.
Responsible and takes ownership of assigned tasks. Abides to timeline.
Working knowledge of MS Excel will be an added advantage. Working knowledge of MS Excel, XML and Axiom will be an added advantage.
