FATCA/CRS Specialist Position
We are seeking a skilled FATCA/CRS Specialist to join our team for a 6-month project. This consultancy role is focused on Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) obligations.
Key Responsibilities:
* Conduct thorough reviews of FATCA and CRS forms to ensure compliance
* Draft detailed risk assessments, memos, and exception reports to identify potential issues
* Investigate trigger events and escalate where necessary to maintain regulatory adherence
* Ensure strict adherence to internal AML policies and procedures to minimize risk
* Collaborate with onboarding teams to guarantee due diligence obligations are met
* Liaise with clients, MLRO, and internal/external stakeholders to foster effective communication
* Assist with completion of team tasks to meet KPIs and project deadlines while maintaining high standards of quality
Educational Requirements:
* Proven experience reviewing FATCA/CRS forms and identifying areas for improvement
* Strong understanding of FATCA/CRS compliance in relation to AML/KYC regulations
* Ability to validate Tax Identification Numbers (TINs) and GIINs accurately
* Experience updating systems with FATCA/CRS data efficiently
* Comfortable engaging with investors to obtain required documentation in a timely manner
* Excellent analytical and organisational skills to manage multiple tasks simultaneously
* Strong initiative, communication, and attention to detail to deliver results under pressure
This project offers an excellent opportunity for a compliance professional to work on a high-impact regulatory initiative in a fast-paced environment, with training provided on internal processes and systems.