Senior Analyst, Tax Reporting (QI/FATCA/CRS)

Fidelity Canada; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Toronto is seeking a Senior Analyst for its Tax Reporting team. The role involves managing compliance with QI, FATCA, and CRS obligations, ensuring accurate tax reporting, and interfacing with tax authorities. The ideal candidate will have 3-5 years of relevant experience, excellent communication skills, and proficiency in Microsoft Excel. This position offers a competitive compensation package and supports a flexible hybrid work environment.

Benefits

Competitive total compensation package

Health benefits with no employee-paid premiums

Tuition reimbursement

Generous time off policy

Access to over 11,000 training courses

Qualifications

• 3 - 5 years of experience in QI/FATCA/CRS obligations and reporting.
• Knowledge of Canadian reporting/filing processes is an asset.
• Demonstrated attention to detail and accuracy.

Responsibilities

• Manage timely and accurate tax slip production and distribution.
• Conduct document review as needed.
• Oversee withholding tax remittances and reconciliations.

Skills

Experience in QI/FATCA/CRS obligations

Problem-solving skills

Client service skills

Communication skills

Proficiency with Microsoft Excel

Education

University Degree or equivalent work experience

Tools

Microsoft Excel

Broadridge’s Dataphile platform

Job description

Overview

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future. Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and expertly.

Your Opportunity:

Fidelity Clearing Canada (FCC), founded in Toronto in 2009, provides Canadian registered brokerage firms and portfolio managers with trade execution, clearing, custody and back-office support. The Tax Reporting team at FCC manages all aspects of tax reporting for our clients, including CDN plan/nonplan/estate reporting, QI obligations, US reporting, and FATCA/CRS obligations & reporting. The team has 3 main areas of focus: Plan/Estate reporting; Non Plan reporting; QI/FATCA/CRS obligations & reporting. The Senior Analyst, Tax Reporting is expected to be the subject matter expert in 1 or more of the 3 main areas of team focus and to provide backup for the other areas. The role liaises with other internal groups to ensure efficient and accurate processes from a client and regulatory perspective. The role will also be involved with Policy & Procedure creation/update, risk review, training, and other tasks as assigned. The current opportunity is for an individual who can demonstrate expertise in QI & FATCA/CRS obligations, including documentation review, reconciliation of income and withholding, and reporting to CRA & the IRS.

What You Will Do:

Primary Functions

The Tax Reporting team is responsible for:

• Timely and accurate tax slip production & distribution to all clients, and filing with regulators
• Document review as needed (QI, NR, RC forms)
• Withholding tax remittance
• Various reconciliations to ensure appropriate and accurate tax reporting
• Interfacing with tax authorities for ongoing correspondence & audits

The team also gets involved with projects, ranging from area-specific to organization-wide. They liaise with internal and/or external groups as applicable to ensure efficient and accurate processes that make sense from a client and regulatory perspective. Roles within the team provide an excellent client experience and are responsible for ensuring FCC’s brand and reputation by adhering to Fidelity’s compliance and risk framework.

Compliance and Risk Framework

The roles within the team follow procedures/guidelines and take proactive steps to:

• Maintain satisfactory internal and external Audit/Regulatory/Risk Ratings and Reviews
• Ensure all reporting is completed accurately on or before regulatory deadlines
• Stay current with the regulatory environment governing tax responsibilities
• Identify issues and risks (financial & regulatory)
• Ensure all internal and external tax accounts are reconciled

What We Are Looking For:

• 3 - 5 years of demonstrated experience in QI/FATCA/CRS obligations and reporting
• Knowledge of other Canadian reporting / filing processes is an asset
• Work within the brokerage industry or a clearing firm is an asset
• University Degree completed or equivalent work experience
• Tax related courses are an asset
• Industry courses such as CSC, CMH, CPA, etc., an asset

What You Bring:

• Demonstrated experience and knowledge of QI/FATCA/CRS obligations and reporting
• Excellent problem-solving skills
• Excellent client service skills
• Excellent communication skills, written and oral
• Accurate and detail-oriented
• Proficiency with Microsoft Excel
• Ability to manage competing priorities effectively
• Knowledge of Broadridge’s Dataphile platform an asset

Fidelity Benefits and Perks!

• Competitive total compensation package
• Opportunity to participate in Fidelity profit-sharing program
• Company contributes into your RRSP, without a matching requirement from you
• Health benefits and coverage, with no requirement for employee paid premiums, including up to $5000 for therapy
• Health Care Spending Account
• TELUS Health Virtual Care app
• Health and Fitness Reimbursement
• Up to $650 for home office equipment
• Generous time off policy
• 2 paid days annually to volunteer
• Access to over 11,000 training and development courses
• Tuition reimbursement
• Monetary awards for completing a required designation
• Annual dues reimbursement for professional designations
• Pregnancy/Parental/Adoption Leave - Fidelity will top-up to 100% of your salary for a period of 25 weeks

Current work authorization for Canada is required for all openings

You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email [e-mail].

No telephone inquiries or agencies please. We thank all applicants for their interest; only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

Canada’s Top 100 Employers, Great Place To Work Certified, LinkedIn Top Companies in Canada, Human Resource Director awards, and related recognitions.