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Associate Level 1- Banking Service Operations - Global Custody Tax

Apply REF: FTS000006
Job Description – APAC

Note to Hiring Manager:
In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

 

Job Title:

Associate
 

Date:

29/03/2019
 

Department:

 
BSO

Location:

Chennai
 

Business Line / Function:

Global Custody Tax
 

Reports to:

(Direct)
 
 
 

Grade:

(if applicable)
NA
(Functional)
Adhivaragan SRIRAMAN
 

Number of Direct Reports:

NA

Directorship / Registration:

 
 
 
 

Position Purpose

 
Global Custody team in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Tax team handles the client documentations for offering tax benefits to the client. An Associate in Global Tax department performs all the task of processing the daily BAU as per the Standing operating procedure.



 
 

Responsibilities

 
 

Direct Responsibilities

 
  • Collect and analyse Tax information and Documentation
  • Update Tax database allowing correct fiscal treatment according to applicable DTA, client residence & status and sub-custodians procedures
  • Provide clients with regular market updates and tax matrices
  • Manage fiscal documentation required for relief-at-source and monitor the application of the correct withholding tax as per rules
  • Preparing tax reclaim forms and close monitoring of reclaim status with tax reclaim system
  • Collect funds from the Tax Authorities and Sub-custodians and refund the same to the client
  • Provide such certification or disclose such information as requested by the Tax Authorities and Sub-custodians to ensure that the Clients are paid at the eligible rates
 
 
 
 
 
 
 
 

Technical & Behavioral Competencies

 
 
 
  • Strong understanding of  Tax laws and Withholding taxes
  • Knowledge about the Double Tax Treaty Agreements, International Taxation,  Custody
  • Operations, Relief at source and Reclaim
  • Experience in International Taxation and Tax Treaty is an added advantage
  • Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
  • Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.
  • Must be prepared to work in flexible timings
 
 
 
Specific Qualifications (if required)
 
 
 
Prior articleship experience or equivalent.
 
        

Skills Referential    

 
Behavioural Skills: (Please select up to 4 skills)
 
Ability to collaborate / Teamwork
 
Attention to detail / rigor
 
Communication skills - oral & written
 
Adaptability
 
Transversal Skills: (Please select up to 5 skills)
 
 
Ability to understand, explain and support change
 
Analytical Ability
 
Ability to manage a project
 
Choose an item.
 
Choose an item.
 
Education Level:
Bachelor Degree or equivalent
 
Experience Level
Beginner
 
Other/Specific Qualifications (if required)
 
Professional Qualification in Taxation – Candidates Pursuing CA/CWA will be an added advantage,
 
 
 

Job Description – APAC

Note to Hiring Manager:
In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

 

Job Title:

Associate
 

Date:

29/03/2019
 

Department:

 
BSO

Location:

Chennai
 

Business Line / Function:

Global Custody Tax
 

Reports to:

(Direct)
 
 
 

Grade:

(if applicable)
NA
(Functional)
Adhivaragan SRIRAMAN
 

Number of Direct Reports:

NA

Directorship / Registration:

 
 
 
 

Position Purpose

 
Global Custody team in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Tax team handles the client documentations for offering tax benefits to the client. An Associate in Global Tax department performs all the task of processing the daily BAU as per the Standing operating procedure.



 
 

Responsibilities

 
 

Direct Responsibilities

 
  • Collect and analyse Tax information and Documentation
  • Update Tax database allowing correct fiscal treatment according to applicable DTA, client residence & status and sub-custodians procedures
  • Provide clients with regular market updates and tax matrices
  • Manage fiscal documentation required for relief-at-source and monitor the application of the correct withholding tax as per rules
  • Preparing tax reclaim forms and close monitoring of reclaim status with tax reclaim system
  • Collect funds from the Tax Authorities and Sub-custodians and refund the same to the client
  • Provide such certification or disclose such information as requested by the Tax Authorities and Sub-custodians to ensure that the Clients are paid at the eligible rates
 
 
 
 
 
 
 
 

Technical & Behavioral Competencies

 
 
 
  • Strong understanding of  Tax laws and Withholding taxes
  • Knowledge about the Double Tax Treaty Agreements, International Taxation,  Custody
  • Operations, Relief at source and Reclaim
  • Experience in International Taxation and Tax Treaty is an added advantage
  • Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
  • Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.
  • Must be prepared to work in flexible timings
 
 
 
Specific Qualifications (if required)
 
 
 
Prior articleship experience or equivalent.
 
        

Skills Referential    

 
Behavioural Skills: (Please select up to 4 skills)
 
Ability to collaborate / Teamwork
 
Attention to detail / rigor
 
Communication skills - oral & written
 
Adaptability
 
Transversal Skills: (Please select up to 5 skills)
 
 
Ability to understand, explain and support change
 
Analytical Ability
 
Ability to manage a project
 
Choose an item.
 
Choose an item.
 
Education Level:
Bachelor Degree or equivalent
 
Experience Level
Beginner
 
Other/Specific Qualifications (if required)
 
Professional Qualification in Taxation – Candidates Pursuing CA/CWA will be an added advantage,
 
 
 
Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: BeginnerSchedule: Full-time Behavioural competency: ProactivityTransversal competency: Analytical Ability