Private Banking Client Tax Project Manager 65K

Recruiter
Gordon Yates Limited
Location
London
Salary
55000.0000
Posted
19 Mar 2017
Closes
18 Apr 2017
Contract Type
Permanent
Hours
Full Time

Private Banking Client Tax Project Manager 65K+

The Project Manager will need to further develop their understanding of the relevant international developments in client tax compliance. They will need to work collaboratively with Legal, Compliance, IT and Operations teams as well as working in cooperation with the Front Office.

For the right candidate with an interest in this domain, there is an opportunity for this role to evolve into a permanent line responsibility for all client tax related activities.

  • Actively manage the project plan and a risk and issues log; keep stakeholders updated with progress and issues.
  • Lead working groups from detailing requirements to delivery, providing hands-on assistance where necessary to get things done
  • Ensure that appropriate resources are in place to complete all deliverables to time and quality objectives, escalating concerns as required and ensuring resolution
  • Ensure that all deliverables are passed through the specified governance before going live.
  • Report on project status to the Steering Committee, the PMO and relevant governance bodies
  • Specific project deliverables include:
    • Completion of the CRS Individual Due Diligence exercise
    • Manage the production of the 2017 reports for FATCA and CRS
    • Design and implement a client notification statement to account holders in reportable jurisdictions
    • Conduct the annual 'Relationship Manager Inquiry' exercise
    • Conduct a health check of the processes established for FATCA/ CRS; recommend and implement improvements
    • Implement the new QI regime including preparing for the first periodic review and certification
    • Updated client on-boarding and other internal guidance documents
    • Staff training and communications on client tax policy, procedures and changes with a client impact
    • Implement further regulatory requirements e.g. the HMRC UK Resident Notification letter
  • Manage any third party engagements, including advisory firms, relating to the project delivery ensuring work is delivered to cost, time and quality objectives.
  • Develop a thorough understanding of the client tax domain through personal research, interaction with colleagues with subject expertise and industry bodies
  • This role also involves providing guidance to front office team members on issues arising with specific onboarding and due diligence cases
  • The role holder will manage the transition of this role to BAU, including defining the line role and its positioning in the organisational structure.

Essential

  • Some experience of the International Tax Compliance regulations, gained through relevant implementation projects, for example FATCA, CDOT, CRS
  • Experienced and pragmatic change manager with a solid track record of results
  • Proven leader of cross functional teams with good interpersonal and influencing skills
  • Logical, analytical and intelligent with an ability to work in a flexible, agile manner
  • Self-motivated, organised and able to work under pressure without close supervision
  • Gravitas and credibility to work at the UK Management Committee level and with senior group level management
  • Not a role or environment for hands-off project controllers or status trackers

Desirable

  • Financial Services experience in Private Banking, Wealth Management or a similar sector
  • Transferable experience from other regulatory projects that involve interpreting and implementing complex, technical rules