Compliance Manager - FATCA & CRS specialist

OVI; Sharjah; On-site; AED 279,000 - 335,000; Full time

Benefits offered by this job

Competitive salary AED 25k–30k

Job summary

Unknown is seeking a Manager FATCA to oversee compliance with US FATCA and OECD CRS obligations in the UAE. You will classify customers, review tax documentation, and ensure accurate regulatory reporting.

The role involves coordinating with multiple departments, maintaining policies, and training staff on FATCA/CRS requirements. A strong UAE compliance background and attention to detail are essential.

Qualifications

• Experience in FATCA/CRS compliance within a UAE financial institution.
• Strong knowledge of FATCA, CRS, and UAE reporting frameworks.
• Hands-on experience with tax documentation review and customer classification.
• Good understanding of KYC/CDD processes.
• Bachelor's degree in Finance, Accounting, Law, Business, or related field.

Responsibilities

• Classify customers for FATCA and CRS during onboarding and ongoing processes.
• Review and validate tax documentation, including W-8 and W-9 forms.
• Identify and address US indicia and changes in circumstances.
• Prepare and submit annual FATCA and CRS reports through the UAE Ministry of Finance portal.
• Perform data quality checks and manage account remediation.
• Maintain FATCA and CRS policies and procedures.
• Advise and train staff on FATCA and CRS requirements.
• Conduct quality checks and report results to senior management.
• Support reviews by regulators and auditors.
• Stay updated with changes in FATCA, CRS, and UAE regulations.

Skills

FATCA compliance

CRS compliance

KYC/CDD processes

Tax documentation review

Onboarding classification

Education

Bachelor's degree in Finance/Accounting/Law/Business

Job description

Job Title: Manager - Banking - Full-time

About the Role

We are searching on behalf of our client for this role. This position is not with OVI.

Join as a Manager FATCA, where you will play a crucial role in ensuring our client's compliance with US FATCA and OECD CRS obligations in the UAE. This position involves working closely with various departments to manage customer classification, documentation, due diligence, regulatory reporting, and remediation.

Key Responsibilities

• Classify customers for FATCA and CRS purposes during onboarding and ongoing processes.
• Review and validate tax documentation, including W-8 and W-9 forms.
• Identify and address US indicia and changes in circumstances.
• Prepare and submit annual FATCA and CRS reports through the UAE Ministry of Finance portal.
• Perform data quality checks and manage account remediation.
• Maintain FATCA and CRS policies and procedures.
• Advise and train staff on FATCA and CRS requirements.
• Conduct quality checks and report results to senior management.
• Support reviews by regulators and auditors.
• Stay updated with changes in FATCA, CRS, and UAE regulations.

Your Profile

• At least 5 years of experience in FATCA and CRS compliance at a UAE financial institution.
• Strong knowledge of FATCA, CRS, and UAE reporting frameworks.
• Hands-on experience with tax documentation review and customer classification.
• Good understanding of KYC/CDD processes.
• Bachelor's degree in Finance, Accounting, Law, Business, or related field.
• Strong attention to detail and data analysis skills.
• Clear written and verbal communication skills.

What's Offered

• Competitive salary range of AED 25,000 to 30,000.
• Opportunity to work with a leading UAE bank.
• Access to highly skilled and experienced subject matter experts.
• A dynamic and supportive work environment.

Ideal Candidate

The ideal candidate is a detail-oriented professional with a strong background in FATCA and CRS compliance. You are proactive, with excellent communication skills and the ability to work collaboratively across departments. Your expertise in tax documentation and regulatory reporting will be key to ensuring compliance and supporting the bank's operations in the UAE.

When you apply to this role, AI may be used to help analyse and format your information so the hiring team can review it more easily.