Assistant Manager, Operations and Business Support – CRS/FATCA Reporting

Praxis Group; Saint Helier; On-site; GBP 40,000 - 55,000; Full time

Job summary

Praxis Group seeks a CRS/FATCA reporting specialist to manage day-to-day CRS/FATCA reporting for Jersey and assist across Praxis offices. You will ensure data integrity, classify entities, and support implementation of the CRS/FATCA framework.

You will collaborate with senior management, train client-facing staff, and cover colleagues as needed. Strong communication and MS Excel skills are essential.

Qualifications

• Minimum of 3 years’ experience in a relevant related role.
• Successful attainment of a relevant professional qualification.

Responsibilities

• Serve as Jersey-based client-facing contact for CRS/FATCA queries.
• Classify entities periodically and inform client teams of required actions.
• Review outgoing self-certification forms for accuracy and alignment.
• Review incoming self-certification forms and approve the checklist as valid.
• Monitor CRS/FATCA payments in Acumen ledgers for accuracy.
• Assist with data audits and annual CRS/FATCA submissions.
• Provide training and cover for colleagues as needed.
• Handle ad-hoc CRS/FATCA projects and framework improvements.

Skills

Strong communication

CRS/FATCA reporting

Excel skills

Attention to detail

Analytical skills

Team player

Autonomous work

Education

Professional qualification

Tools

Excel

Microsoft Office

Job description

Praxis is an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world.

Our expertise and experience is driven by recruiting and retaining the brightest and best, and creating a culture that allows people to thrive. Our independence encourages an open culture where every voice is valued. We care about creating an environment that hears, supports and shares openly with all our people.

Teamwork and collaboration are at the heart of our approach, and we nurture an environment of openness and respect where everyone feels valued.

Be heard. Be part of the Praxis Group.

Job Summary

To assist with the management of CRS/FATCA reporting requirements for Jersey; Guernsey and other Praxis offices if they require ad-hoc assistance or under an outsourced service. You will have responsibility for day-to-day work in the management of CRS/FATCA reporting and related data integrity for client entities. You will assist the Senior Manager to ensure that obligations in all jurisdictions in which client entities are obliged to report are met, and with implementation of the CRS/FATCA framework.

Job Accountabilities

Core responsibilities

• Act as the point of contact for Jersey based client facing teams for CRS/FATCA queries and a secondary point of contact for queries from other offices.
• Conduct entity classifications on a periodic and ad-hoc basis and related work to keep Acumen up to date. Informing the client facing teams of any required action on their part.
• Review outgoing self-certification forms (and W-8BEN-E forms and similar) to ensure they are completed correctly and in line with the entity’s classification, as recorded on Acumen, providing comments as necessary to the client facing team.
• Review of incoming self-certification forms and/or deal with queries and approve the checklist and task indicating the self-certification is valid.
• Monitor the process of ‘CRS/FATCA payments’ in the Acumen bookkeeping ledgers, ensuring the work is up to date and accurate and deal with any queries accordingly.
• Deal with the organisation, monitoring and internal reporting of missing self-certification reports.
• Assist with the data audits and preparation of information for annual CRS and FATCA report submissions and ongoing data maintenance during the year.
• Assist with training of client facing staff and identifying areas in which the client facing staff are having difficulties.
• Provide cover for colleagues when absent or as requested.
• Any ad-hoc project work related to the maintenance and implementation of the CRS/FATCA framework.

Communication

• Assist colleagues by communicating technical issues in a way non-technical people can understand.
• Support and advise teams where needed.
• Provide expertise and share knowledge with more junior members of staff.
• Encourage a positive approach to change.

Corporate Governance

• Actively champion Praxis' values by promoting a culture of professionalism, teamwork, and leadership.
• Understand Praxis' business plan and the direction in which the Group is heading.
• Understand how the role of each individual contributes to Praxis' vision.
• Understand and acknowledge the need for change.
• Act as a member of the CRS/FATCA Committee if required to do so.

Personal Development

• Attend seminars and workshops, read industry publications and advisory briefs, and follow developments in CRS/FATCA regulation to enhance professional and technical knowledge.
• Shape own development by identifying areas to improve own knowledge and skills and actively seek assistance.
• Maintain evidence of continuing professional development to meet regulatory requirements.

Professional Qualifications and Experience

• Minimum of 3 years’ experience in a relevant related role.
• Successful attainment of relevant professional qualification.

Required Skills

• Strong communication skills and be adept at building relationships across the business.
• Sound understanding of industry best practices in relation to CRS/FATCA reporting.
• IT aware including Microsoft products and intermediate Excel skills.
• Organised, and with attention to detail and accuracy of data input.
• Strong analytical skills.
• Team player.
• Ability to work autonomously when necessary.

Our Commitment to Diversity

We want you to bring your full self to work and maximise your potential. Praxis Group is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation, and socio-economic background.

Additional Information

In addition, all our team members are expected to be committed to our core values:

• We succeed together
• We trust
• We listen
• We inspire