Tax Reporting Specialist - US

BTG Pactual; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

BTG Pactual, a leading investment bank, seeks a U.S. Tax Operations & Compliance Associate Director to join our New York team, owning the operational tax framework for U.S. and non-U.S. clients.

You will oversee withholding configuration, Form 1099/1042-1042S filings, FATCA/CRS reporting, and multi‑unit collaboration with Operations, Onboarding/KYC, Finance, Legal, Technology and business units in a fast-paced global bank.

Qualifications

• Bachelor's degree or equivalent; CPA/JD/LLM preferred.
• 4-7+ years of progressive experience in U.S. tax operations or compliance in a bank.
• Demonstrated expertise in U.S. withholding and information reporting.
• Ability to validate W-8 and W-9 documentation and translate into system withholding parameters.
• Strong communication and stakeholder management.

Responsibilities

• Define withholding rules for each product and client segment.
• Configure withholding parameters in core platforms.
• Own change-control process for withholding logic.
• Reconcile withheld vs deposited and manage remediation.
• Review W-9/W-8 forms and statements.
• Manage FATCA/CRS reporting and look-through determinations.
• Support multi-state tax compliance and partnership compliance.
• Drive process improvement and tax technology adoption.

Skills

Excellent communication

Stakeholder management

Analytical skills

Problem solving

Project management

Independent and team work

Education

Bachelor's degree in Accounting, Taxation, Finance or related field

CPA / JD / LLM preferred

Tools

Tax compliance systems

FATCA/CRS platforms

Job description

Position Overview

U.S. Tax Operations, Withholding & Information Reporting - Associate Director

BTG Pactual, Latin America's leading investment bank, is seeking a U.S. Tax Operations & Compliance Associate Director to join our New York team, supporting BTG Pactual, N.A. and affiliated U.S. entities. This is a unique opportunity to own the operational tax framework — client tax documentation, withholding configuration and information reporting — of a global financial institution serving both U.S. (W-9) and non-U.S. (W-8) clients.

In this role, you will be responsible for the bank's tax reporting and withholding lifecycle: validating client tax documentation, defining and configuring product-level withholding parameters in the bank's systems, reviewing the preparation and filing of Forms 1099 and 1042/1042-S, and ensuring FATCA and CRS reporting obligations are met. You will also support U.S. federal, state and local tax compliance, including partnership compliance, and partner closely with Operations, Onboarding/KYC, Finance, Legal, Technology and the business units.

Key Responsibilities

• Define the withholding rules applicable to each product and each client segment — interest (including portfolio interest and bank deposit interest), dividends and dividend equivalents (871(m)), substitute payments on securities lending, PTP/partnership distributions (1441/1442, 1446(a) and 1446(f)), gross proceeds, FIRPTA (1445), original issue discount, and payments to intermediaries and disregarded entities.
• Support the IT team on the configuration and maintenance of withholding parameters in the bank's core, custody and payments platforms: income codes, exemption codes, statutory vs. treaty rates, 30% NRA withholding, backup withholding at 24% (3406), presumption rules where documentation is missing or invalid, and cascading/multi-layer withholding logic.
• Own the change-control process for withholding logic: business requirements, test cases, UAT sign-off, regression testing after tax law or rate changes, and documented rationale for every parameter.
• Reconcile amounts withheld to amounts deposited (Form 1042 / Form 945 / EFTPS) and manage under- and over-withholding remediation, including reimbursement and set-off procedures.
• Review and validate Forms W-9 and the W-8 series (W-8BEN, W-8BEN-E, W-8IMY, W-8ECI, W-8EXP), including withholding statements and allocation schedules for intermediaries and flow-through entities.
• Determine Chapter 4 status (Reporting FI, Deemed-Compliant FI, Active vs. Passive NFFE) and apply look-through to controlling persons of passive entities.
• Perform U.S. indicia searches and CRS residency determinations, manage curing of indicia, GIIN/TIN validation, and documentation validity/expiration and change-in-circumstances monitoring.
• Assess treaty claims and limitation-on-benefits eligibility, and apply reduced treaty rates on a product-by-product basis.
• Review the preparation and filing of Forms 1099 (1099-INT, -DIV, -B, -MISC, -NEC, -OID, -R as applicable), 1042 and 1042-S, Forms 8966 (FATCA), CRS returns, Form 945, and applicable state reporting.
• Manage the annual reporting calendar, recipient statement delivery, corrections/amendments, extensions, IRS TIN matching, and B-notice / C-notice and penalty-abatement processes.
• Oversee outsourced/vendor reporting providers and validate their output before filing.
• Support U.S. federal, state and local tax compliance, including partnership compliance (returns, K-1 allocations, capital accounts) and multi-state filings.
• Strengthen internal controls, risk assessments, procedure documentation, Form 1042 / 8966 audit readiness, and support IRS or QI-type examinations and any responsible‑officer certification requirements.
• Drive process improvement and tax technology adoption (documentation validation tools, withholding engines, reporting platforms, data quality controls).
• Partner with internal stakeholders and external advisors and service providers.

Required Qualifications

• Excellent written and verbal communications skills and an ability to interact effectively with internal and external stakeholders, including investment committee members, clients, partners, and others
• A creative, entrepreneurial spirit and an ability to thrive in a meritocratic workplace
• Excellent critical thinking and problem solving skills
• An ability to execute across a wide range of tasks, including long-term strategic initiatives
• Ability to work both independently and within a team, to effectively prioritize and manage multiple projects simultaneously, and deliver against specific workplans and timelines
• A passion for sustainability, real assets investing and the development of innovative, high-impact natural climate solutions
• Bachelor's degree or equivalent
• Bachelor's degree in Accounting, Taxation, Finance or a related field (CPA / JD / LLM preferred).
• 4-7+ years of progressive experience in U.S. tax operations or compliance, in a bank.
• Proven ability to work autonomously and manage stakeholders.
• Demonstrated, hands‑on expertise in U.S. withholding and information reporting
• Proven ability to validate W-8 and W-9 documentation and translate the resulting client/product matrix into system withholding parameters.
• Working knowledge of FATCA and CRS, including IGA Models 1 and 2, entity classification and due‑diligence requirements.
• Excellent analytical skills and attention to detail.

Preferred Knowledge And Experience

• Experience in U.S. banking, custody, private banking or broker‑dealer environments, or at a global financial institution.
• Experience with Qualified Intermediary (QI) / QDD regimes and Section 305(c) / 871(m) operational requirements.
• Familiarity with tax and reporting systems and withholding engines.
• Strong communication and stakeholder management abilities; comfortable explaining withholding outcomes to front-office and to clients.
• Project management and process improvement experience.
• Spanish and/or Portuguese is a plus, given our Latin American client base.
• Experience with U.S. corporate and partnership federal and state tax compliance will be a plus.