What are the responsibilities and job description for the AVP Tax Information Reporting Sr. Analyst position at Citi?
Tax Information Reporting (TIR) is responsible for end-to-end client tax activities including validation of client tax certifications, withholding, information reporting under Internal Revenue Service, Foreign Account Tax Compliance Act (FATCA), and Common Reporting Standard (CRS) regimes, Citi-wide governance, and US non-income tax including sales & use tax, personal property tax, and others.
Our commitment to diversity includes a workforce that represents the clients we serve globally from all walks of life, backgrounds, and origins. We foster an environment where the best people want to work. We value and demand respect for others, promote individuals based on merit, and ensure opportunities for personal development are widely available to all. Ideal candidates are innovators with well-rounded backgrounds who bring their authentic selves to work and complement our culture of delivering results with pride. If you are a problem solver who seeks passion in your work, come join us. We’ll enable growth and progress together.
Responsibilities:
- Execute functions from the Tax Information Reporting taxonomy including, but not limited to, tax form validation (W8/W9), withholding, and information reporting (1099, 1042-S, Canadian) for banking and securities accounts
- Act as a tax information reporting specialist execute operational and project initiatives specific to Citi's US Personal Banking (USPB) and Personal Wealth Management (PWM) businesses
- Act as an internally and externally recognized subject matter expert
- Identify and participate in process re-engineering and re-design activities to achieve better controls, compliance, and efficiencies
- Support audits by tax authorities and Internal Audit
- Contribute towards departmental requirement to adhere to strict regulatory and compliance requirements per tax authority and Citi policy
- Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas
- Liaison with Corporate Tax for complex tax advisory inquiries and policy requirements
Qualifications:
- Understanding of U.S. tax information reporting requirements applicable to products issued by Personal Banking, Services, Markets, Weal, and/or other Citi businesses
- Understanding of U.S. tax information reporting rules applicable to U.S. Persons and non-U.S. Persons
- Understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1098, 1099 series, and 1042-S; Forms 945 and 1042
- Excellent communication skills to drive engagement and close interactions with key stakeholders. Provide basic advisory services primarily for internal clients
- Project Management experience preferred and strong organizational skills required
- 5-8 years of relevant experience
Education:
- Bachelors degree
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Tax------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$79,120.00 - $118,680.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Jan 21, 2025------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
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Salary : $79,120 - $118,680
