Tax Information Reporting Senior Group Manager

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve.

Tax Information Reporting (TIR) is responsible for end-to-end client tax activities including validation of client tax certifications, withholding, information reporting under Internal Revenue Service, Foreign Account Tax Compliance Act (FATCA), and Common Reporting Standard (CRS) regimes, Citi-wide governance, and US non-income tax including sales & use tax, personal property tax, and others.

This candidate will lead operational Tax Advisory, Assurance and Standardization functions within the centralized Tax Information Reporting (TIR) team in Core Operations within Citi’s Chief Operating Office and partner with the Global Head to drive the strategic agenda for Tax Information Reporting. The incumbent will be responsible for:

• Leading a team of senior professionals providing advisory support to a 300+ FTE Org responsible for tax information reporting functions under the IRS, FATCA, CRS, and certain local regimes, including US non-income tax (sales, use, personal property). Includes driving Citi’s TIR Tax Technical advisory agenda and partnering with Corporate Tax to ensure delivery of required tax technical guidance to Citi’s business and TIR Operations on significant advisory matters including new/changes to exiting requirements.

• Global Citi-wide governance and assurance of end-to-end activities that contribute to world-wide compliance of Tax Information Reporting. This includes support, oversight and assurance over Citi’s robust Qualified Intermediary Compliance Program, governing Citi’s FATCA Responsible Officer certification program and performing other assurance activities over Corporate Tax issued technical guidance implementation.

• Leading a unit focused on governance and standardization of controls and implementation of control related programs, and other initiatives as it pertains to TIR.

The role directly reports into Citi’s Global Head of Tax Information Reporting and will also represent the Global Head in numerous senior forums, interactions, issue management, as well as internal and external audit management. This position will be responsible for directly managing a staff of tax professionals in a team-oriented environment. Ideal candidate will bring a unique blend of broad and deep business operational knowledge across banking and securities products combined with deep tax technical expertise related to these.

Key Objectives:

• Directly Lead a team of 15-25 tax information reporting professionals in the 3 Citi Service Centers globally; in role of representing Global Head, influence an Org of 300+ direct and 120+ contractors

• Providing tax technical advisory support to a 300+ FTE Org responsible for tax information reporting functions under the IRS, FATCA, CRS, and certain local regimes, including US non-income tax (sales, use, personal property).

• Staying up to date on new and changing Regs and emerging landscape, and assessing tax authority notices, guidance and other market material to determine potential impact to Citi’s businesses and operations.

• Act as an internally and externally recognized subject matter leader, partner with TIR Ops colleagues to influence the design of effective and efficient processes, influence organizational changes as required with partners across all of Citi’s core businesses (US Personal Banking, Markets, Securities Services, Treasury & Trade, Markets or Banking).

• Develop and govern implementation of guidance/procedures/controls to ensure consistent compliance with US Information Reporting (1099/1042-S etc.) & FATCA/CRS requirements including timely implementation of regulatory changes in operational processes, controls, and technology

• Management of a Firm-Wide TIR process owner inventory, ongoing execution of attestation and targeted review process for adherence to TIR policies and guidelines, providing QI responsible officers with support as part of the Citi QI compliance program

• Represent Citi as a participant and panelist at industry forums, round tables, and vendor sessions.  Design TIR training and other content to increase depth and breadth of talent in the operational locations (covering Tax, Business and Product SME).

• Work closely with Global Head on TIR global strategy encompassing talent, location, controls and technology.