Job Title:
Associate & Senior Associate
Date:
Department:
BSO
Location:
Chennai
Business Line / Function:
BSO/Global Custody Tax
Reports to:
(Direct)
Grade:
(if applicable)
NA
(Functional)
Assistant Manager
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
· 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.
· Must act according to protocols defined for Business contingencies (BCP).
· Must be prepared to work in any shift supporting Asia/Americas/European business hours.
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)
Pursuing CA Inter or with article-ship completed.
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Communication skills - oral & written
Ability to collaborate / Teamwork
Attention to detail / rigor
Ability to deliver / Results driven
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 1 year
Other/Specific Qualifications (if required)
Professional Qualification in Taxation – Candidates Pursuing CA/CWA will be an added advantage,
