Tax Associate – Regulatory Client Outreach
- Location: Toronto, ON – Hybrid – (3 days in office) Core day—Every Wednesday)
- Pay Rate: $42.25/hr – $49.84/hr
- Contract Length: 6 Months with a possibility of extension
We at Raise are hiring a Tax Associate – Regulatory Client Outreach for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.
Responsibilities:
- Regulatory Client Outreach: You’ll apply your understanding of the regulatory requirements impacting the banking capital markets business, its products, and its clients. Manage regulatory outreach campaigns in support of the collection of missing or new regulatory data and documents. The primary focus for this role will be to outreach for outstanding tax forms for upcoming refresh deadlines and any related remediation activities as required. Ensure follow-up with the customer and/or stakeholder to obtain all documentation and disseminate relevant information to the respective internal teams. You’ll need to be able to quickly assess factors that affect a client’s profile or regulatory reporting issue through research in order to make timely decisions and take appropriate action as necessary to resolve the problem. You’ll manage cases that have high complexity and assignments and establish best practices for the team.
- Collaboration & Relationship Management: You’ll work directly with Compliance, Legal, Front Office, Operations, Client Services (CS), Client Management Services (CMS), Tax Operations/Advisory, Data Automation and other stakeholders to investigate regulatory issues related to missing or inaccurate regulatory data in the bank's book of record systems. Manage individual and various team-owned email Outlook inboxes in a timely manner while addressing the inquiries and requests professionally. You’ll develop relationships with internal stakeholders, including senior management in the front office, legal, compliance, Technology and operations stakeholders. Commitment to ensuring self-competency remains at a high level through cross-training of relevant skills and maintaining current industry knowledge of the capital markets' regulatory landscape. Participation in project working groups and committee meetings will be required to provide input on existing processes and to shape future-state processes for new requirements.
- Targets: You’ll be required to meet established individual and team activity targets and SLA’s while managing tasks in a fast and dynamic working environment. The expectation is to execute responsibilities with efficiency and a high level of accuracy with attention to detail.
- Organization & Process Improvement: You’ll maintain any new and related trackers for client outreach and carry out inquiries to resolve each item on the tracker, as needed. Execute prioritized tasks based on deadlines associated with front office or senior management requests. Identify opportunities for automation and enhancements to current processes and procedures that support operational efficiencies and contribute to an improved client service relationship with capital markets.
- Mentoring & Development: You’ll train and perform knowledge transfer to junior and fellow colleagues on various regulatory topics and processes. Create training material and job aids for new tax workstreams, and assist in training new or existing colleagues by sharing knowledge and experience related to the job mandate.
Must Have Requirement:
- Minimum of 5-7 years of experience in:
- Regulatory Compliance
- Tax Operations
- Client Onboarding
- Trade Control/Trade Desk Support or operations, preferably in the Capital Markets line of business
- Regulatory Environment – Financial Services: Familiarity with applicable foreign and domestic jurisdictional and company-specific regulations, policies and guidelines affecting business practices
- Dodd Frank (CFTC & SEC)
- CSA
- EMIR
- MiFID
- HKMA
- MAS
- ASIC
- CAT NMS
- CIRO (IIROC)
- Experience with Capital Markets
- Clientelle
- Business and product knowledge
- Familiarity with institutional clients
- Asset managers
- Insurance companies
- Pensions
- Sovereign Wealth Funds
- Good research, analysis, and documentation skills to collect, validate, and consolidate the required data/information into appropriate formats.
- possess some technical skills and have a comfort level working with existing and new technology and software applications
- Expert use of S&P Global (formerly IHS Markit) portal for access to regulatory data and documentation.
Nice to Have:
- Knowledge of Retail, commercial, and wealth businesses and their clients in FI is an Asset
- Data management experience and applicable techniques.
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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