Senior Associate Level 3 - Transfer Agency

CO_AFATI Apex Fund Services LLP; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Apex Group is seeking a Senior Associate for the Transfer Agency FATCA- CRS Team to provide high-level operational tax support. You will process and record CRS and FATCA documentation, assess client data, and liaise with clients to update reportable details before final submission to regulatory portals.

Key duties include acting as a tax information reporting specialist, executing reporting processes, migrating work into a centralized hub, and supporting audits.

Qualifications

• FATCA/CRS processing experience is required.
• Bachelor’s Degree in Commerce; 5–10 years of relevant experience.

Responsibilities

• Act as a tax / information reporting specialist to execute the FATCA, CRS advisory systems.
• Execute the tax information reporting processes to products issued by business.
• Migration of work into our centralized hub.
• Develop Go To processes and implement procedures to ensure compliance with Information Reporting & FATCA requirements.
• Be change agent and assist changing the processes or developing the new ones.
• Support audits with IRS and Internal Audit.

Skills

FATCA & CRS knowledge

XML schema understanding

Excel skills

Verbal & written communication

Education

Bachelor’s Degree in Commerce

Tools

XML upload procedures

MS Office (Excel/PowerPoint/Word)

Job description

Transfer Agency FATCA- CRS TEAM

Role Title- Senior Associate

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.

Your career with us should reflect your energy and passion. That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience. Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities. For our business, for clients, and for you

To provide consistently a high level of operational tax support to the firm and its clients in administering jurisdictional tax laws of the countries within which Apex operates. You will be responsible for processing and recording of all Common Reporting Standard (CRS) and FATCA Tax documentation. You will help assess the client data and documents to identify the potentially reportable clients across jurisdictions and will liaise with clients or relationship managers to update the reportable details from time to time, before submitting the final reports to the regulatory portals.

Key duties and responsibilities

• Act as a tax / information reporting specialist to execute the FATCA, CRS advisory systems
• Execute the tax information reporting processes to products issued by business
• Migration of work into our centralized hub
• Develop "Go To" processes and implement appropriate procedures to ensure compliance with Information Reporting & FATCA requirements
• Be change agent and assist changing the processes or developing the new ones
• Participate in Robotic Process Automation initiatives IRS Tax form for FATCA and CRS self certification validation covering FATCA CRS reporting.
• Identify and participate in process reengineering & redesign to achieve better controls, compliance and efficiency
• Support audits with IRS and Internal Audit, special audits
• Support Technology projects from a technical tax perspective
• Review, validate and process IRS forms and self certification form along with related documentation according to IRS and FATCA regulations
• Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas.

Qualification and Experience

• Prior FATCA CRS/ Transfer Agency processing experience is required
• Bachelor’s Degree in Commerce is desires 5-10 years of relevant experience

Skills Required

• Working knowledge of FATCA & CRS and the regulated regulations.
• Understanding and review of US tax forms i.e., W9, W8-BEN, W8-IMY, W8-BEN-E, Chapter 3 status, With holding statements etc along with self cert forms (CRS)
• Work in co-ordination with other team members to ensure effective delivery for all services offered to internal and external clients
• Ability to understand XML schema to be able to prepare and review reports before submission
• To understand and adapt to changes, ensure that processes and procedures are continually updated to reflect changes in FATCA/CRS regulatory compliance requirements
• Should be familiar with FATCA CRS XML upload procedures
• Well versed with Microsoft applications.
• Expert excel and presentation skills is an added advantage.
• Good written and verbal communication skills
• Desired to be challenged and learn
• Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding.
• Attention to detail and ability to work on multiple tasks.
• Flexible enough to work in any shift as per business needs.
• Self-management - Adaptability and resilience, learning behaviour, integrity and ethics and relationship build.
• Motivational skills - Performance standards, achieving results and persistence.
• Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding.
• Attention to detail and ability to work on multiple tasks.
• Flexible enough to work in any shift as per business needs.

Career with Apex

A genuinely unique opportunity to be part of an expanding large global business Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you.

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