Intmd Assoc Fin Tax Analyst, Officer - Hybrid

Intmd Assoc Fin Tax Analyst, Officer - Hybrid

As a bank with a brain and a soul, Citi creates economic value that is systemically responsible and in our clients’ best interests. As a financial institution that touches every region of the world and every sector that shapes your daily life, our Enterprise Operations & Technology teams are charged with a mission that rivals any large tech company. Our technology solutions are the foundations of everything we do. We keep the bank safe and provide the technical tools our workers need to be successful. We design our digital architecture and ensure our platforms provide a first-class customer experience. Our operations teams manage risk, resources, and program management. We focus on enterprise resiliency and business continuity. We develop, coordinate, and execute strategic operational plans. Essentially, Enterprise Operations & Technology re-engineers client and partner processes to deliver excellence through secure, reliable, and controlled services.

Our strategic priorities, which include enhancing our safety and soundness standards, elevating both leadership and manager capabilities, as well as designing innovative solutions to eliminate pain points, enable us to continually raise the bar. We are implementing cutting-edge digital tools, exploring dynamic reporting capabilities and self-service platforms, and adopting forward compatible behaviors, all while modeling a customer-centric mindset. 90% of the TIR family calls one of our strategic hubs (Mumbai, Tampa, Delaware and EMEA) home. Each hub offers a unique energy and a myriad of development and engagement opportunities, but the common attribute that cuts across them all is a strong sense of community. We are long-standing champions of diversity, which is consistently reflected in our decisions and actions. Our employees value meritocracy, demonstrate passion for growth and development, and model dignity and respect for all.

As part of Finance and Risk Shared Services (FRSS), 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.

Our commitment to diversity includes a workforce that represents the clients we serve globally from all walks of life, backgrounds, and origins. We foster an environment where the best people want to work. We value and demand respect for others, promote individuals based on merit, and ensure opportunities for personal development are widely available to all. Ideal candidates are innovators with well-rounded backgrounds who bring their authentic selves to work and complement our culture of delivering results with pride. If you are a problem solver who seeks passion in your work, come join us. We’ll enable growth and progress together.

Key Objectives

• Execute functions from the Tax Information Reporting process tree including, but not limited to, tax form validation, withholding, information reporting, legal entity maintenance, and governance

• Act as an internally and externally recognized subject matter expert

• Migration of work into our centralized hub

• Develop best practices and implement appropriate procedures and controls to ensure consistent compliance with Information Reporting, FATCA, and/or CRS requirements

• Support FRSS' Service Delivery model with all stakeholders

• Identify and participate in process re-engineering and re-design activities to achieve better controls, compliance, and efficiencies

• Support audits by tax authorities and Internal Audit

• Support Technology projects from a tax technical perspective

• Contribute towards departmental requirement to adhere to strict regulatory and compliance requirements per tax authority and Citi policy

• Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas

Qualifications

• 2-3 years of professional experience

• Basic understanding of U.S. tax information reporting rules applicable to U.S. Persons and non-U.S. Persons

• Strong Microsoft Office skills including Microsoft Excel and PowerPoint

• Basic understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1098, 1099 series, and 1042-S; Forms 945 and 1042

• Excellent communication skills to drive engagement and close interactions with key stakeholders

• Provide basic advisory services primarily for internal clients